Shyft Network Partners With Kylin Network

Published on: 03.09.2021

Shyft Network is a public blockchain protocol designed to aggregate and embed trust and validation into data stored on public and private ecosystems, and permissioned and permissionless networks. By facilitating bridging across siloed datasets, Shyft allows for layering of context on top of data, ultimately turning raw data into meaningful information.

Kylin Network will afford the opportunity to place-hold a validator node for Shyft Network. The first validators are vetted by the Kylin Network such that the health of the network in the crucial early days of the ecosystem is robust. We expect heavy demand to be a validator node, and only select partners will be invited to take part.

Kylin will also work with Shyft Network as a parachain to call each other’s functions via XCMP pallet-calling. XCMP pallet-calling is a revolutionary way to call the functions of another parachain or parathread on Polkadot. Kylin has innovated this feature and will work closely with Shyft Network to identify cool ways to implement it in synergy.

With data feeding provided by Shyft Network, and then filtered through Kylin Network’s consensus and arbitration mechanisms, an augmented robustness of data accuracy and trustability becomes possible. Basically, we can add another layer of trust and validation to whatever data that Shyft Network provides.

Shyft network will expose Kylin Network to its burgeoning community and innovations in the field of compliance-managed data solutions.

About Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network will provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.

About Shyft Network

Shyft Network is a public protocol designed to aggregate and embed trust, validation, and discoverability into data stored on public and private ecosystems, and facilitate information transfer between permissioned and permissionless networks. By incentivizing individuals and enterprises to work together, Shyft Network allows for the layering of context on top of data, turning raw data into meaningful information.

➡️Source:
https://kylinnetwork.medium.com/shyft-network-partners-with-kylin-network-46b3e7994513

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