AllianceBlock Partners with Flare Network to Deploy DEX Testnet, Fundrs MVP, Compliance Framework and More
Allianceblock is delighted to announce a ground breaking partnership with Flare. Flare’s suite of protocols unleashes new paradigms of possibility for the crypto ecosystem. Its technology brings Turing-complete smart contracts to all native layer 1 blockchains, starting with XRP, Dogecoin, Bitcoin, Algorand and Stellar Lumens. Flare is also a data rich decentralized oracle network as well as a truly decentralized non-custodial bridge to all blockchains. This enables the X-chain liquidity protocol to thrive whilst solving the multi-sig issue currently plaguing DeFi and concerning regulators.
About Flare
Flare is a scalable meta-blockchain, decentralized oracle network & global interoperability layer. That shifts the paradigm of what can be built utilising Turing-complete smart contracts without all the heaviness of utilizing incumbent layer 2 scaling solutions. It can connect diverse ecosystems and blockchain communities and is built to leverage the decentralization and security of the underlying networks it is built on. With experts from the worlds of electronic engineering, distributed systems, quantum computing, mathematics, computer science, quantitative finance, and risk management on the team, Flare is bringing about a dramatic change in the way the world approaches decentralization.
About AllianceBlock
AllianceBlock is bridging the gap between decentralized finance and traditional finance, by remedying issues that exist in both spheres and linking them more closely together. They see the future of finance as an integrated system in which the best of both worlds can work together to increase capital flows and technological innovation.
Building this future by bridging traditional finance with compliant, data-driven access to new decentralized markets, DeFi projects and ecosystem-scaling tools such as funding and interoperability. As such, they are building a next-generation financial infrastructure that aims to provide regulated financial entities around the world with the tools they need to seamlessly access the DeFi space.
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