MINE Network Has Partnered With Kylin Network

Published on: 25.09.2021

The collaboration will make effort to prioritize and systematize on-chain revenue data transparency. The partnership will include strategic usage of automated data feeds, along with comprehensive cross-platform intercommunications.

MINE Network and Kylin Network will showcase the need for a truly decentralized data economy and its implementation into cross-DeFi eco-systems. MINE Network will seek to leverage Kylin’s highly secure and flexible oracle infrastructure to monitor on-chain revenue data to ensure transparency while utilizing their efficient fast-stream data feeds.

About MINE Network

MINE Network is the First Decentralized Multi-chain Hashrate Token Protocol that solves the liquidity problems of miners on chains, including but not limited to BTC, ETH, and LTC. They will be the first to use multi-chain functionality efficiently and employ hashrate-pegged tokens in cross-chain DeFi applications. In addition, staking their hashrate token (pTokens) will give end-users the tools to easily implement their own self-reliant profitable machineless mining configurations without all the expensive start-up costs or the environmentally hazardous outdated equipment.

About Kylin Network

Kylin Network is bridging the gap between the world and the blockchain by building a cross-chain platform powering the data economy on Polkadot. It will be the informational framework for the future of DeFi and Web 3.0. Kylin Network strives to provide sound, dependable, cost-effective, and synchronized data sources and statistical analytics, which will extend provisional data resources across all data types. Furthermore, their clever usage of Polkadot/substrate Framework will allow them to attempt to build the infrastructure data validation layer of Polkdadot and eventually onto the entire cross-chain universe.

➡️Source:
https://mineblockchain.medium.com/strategic-partnership-mine-network-and-kylin-network-f9fa322904eb

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