The decentralized nature of blockchain technology is gaining use cases in countless industries, from tracking systems to payment solutions. In this article, you can find the prominent partnership news of the day, including names such as 1INCH and Ripple.
1INCH, Horizon and these altcoin projects herald new partnerships
Clearpool and Polygon zkEVM integration
Clearpool has announced that the third Blockchain solution for the protocol to integrate with the lending industry will be Polygon’s zkEVM. Collaboration enables high-speed transactions. However, it is making significant strides in the lending market by lowering fees and increasing security.
Clearpool’s decision to integrate it with Polygon’s zkEVM was a significant development that would bring a number of benefits to its users. First of all, this integration will strengthen Clearpool’s platform performance and lead to higher transaction speeds.
🚀 Clearpool has just launched on Polygon zkEVM!
The first permissionless lending pools on @0xPolygon zkEVM have been opened by @FasanaraDigital and #PortofinoTechnologies, along with enhanced risk diversification through @idlefinance integration.
1/7 pic.twitter.com/Q6KoaqnuGU
— Clearpool (@ClearpoolFin) July 31, 2023
Flutterwave launches new remittance solution in Canada
Flutterwave, a partner of Ripple, announced the launch of its cross-border payment solution Send App. The firm aims to provide easy money transfers between the US, Canada and UK and those living in Africa. The development garnered congratulatory messages from prominent figures in the XRP community.
#Ripple user Flutterwave extends remittance app to US and CA to facilitate more payments into Africa.https://t.co/lZ7tkG2PVV
— WrathofKahneman 🪝 (@WKahneman) August 1, 2023
The announcement represents an important development especially for transfers to African countries. These remittances are estimated to double over decades, reaching $100 billion by 2022, according to a report by the United Nations.
Partnership of 1inch Network (1INCH) and Ground X
1inch Network (1INCH) has announced a partnership with Ground X, a subsidiary of the famous South Korean Internet giant Kakao. The collaboration marks the integration of the 1inch Swap API into Klip, a multi-chain mobile wallet developed by Ground X.
The importance of the partnership lies in Klip’s accessibility and popularity among South Korean users. Klip, part of KakaoTalk, allows users to easily manage their cryptocurrencies directly from their mobile devices.
1/ 🇰🇷🤝 #1inch partners with Ground X, #Kakao's affiliate, to bring the power of the 1inch Swap API to #Klip, one of the South Korea's most popular #crypto wallets.
We continue to deliver seamless #DeFi experience worldwide!
Read more ⤵️ https://t.co/MJT5FtNNzp
— 1inch Network (@1inch) August 2, 2023
TaskOn and HAQQ Network partnership
Web3 task collaboration platform TaskOn announced its integration with HAQQ Network. HAQQ, an ethics-first, EVM-equivalent Blockchain based on the Cosmos SDK, offers a unique opportunity for brand visibility by targeting the global Muslim population of over 1.8 billion.
It will accelerate the growth of Web3 projects that leverage TaskOn for collaboration, marketing and growth initiatives. TaskOn aims to enhance HAQQ’s capabilities by combining its unique features. Thus, it is committed to increasing user engagement and providing consistent support.
🔥 Exciting News!
🚀 Excited to announce our integration with @The_HaqqNetwork– an EVM-equivalent chain based on Cosmos SDK.
Celebrate with us by claiming 30,000 limited #CAPs! FCFS! https://t.co/FZpl2Ib2pr
👉Know more: https://t.co/mYNjPLh86k pic.twitter.com/UxGQnVJQ72
— TaskOn – A Web3 Task Collaboration Platform (@taskonxyz) August 2, 2023
The integration will also enable TaskOn users to actively participate in community events. This will facilitate the seamless transfer of cryptos in various projects across the HAQQ ecosystem and beyond. Additionally, it offers a number of versatile chaining features, including TaskOn’s custom NFT badge, which is exclusive for projects in the HAQQ ecosystem.
SSV Network and P2P.org partnership
SSV Network, the infrastructure provider for the development of Ethereum applications, announced its partnership with P2P.org. P2P.org is a popular RPC node provider and PoS validator.
The collaboration enables it to develop the decentralized staking industry as well as directly contribute to the implementation of Distributed Verifier Technology (DVT). The P2P.org partnership will potentially improve decentralized verification, according to SSV Network’s vision.
🎉 Big Congrats to @ssv_network on their Mainnet Limited Launch! 🎉
We’re thrilled to participate as a Mainnet Verified Operator, driving the future of #Ethereum staking.
Let’s dive into Distributed Validator Technology (DVT) (1/4)! pic.twitter.com/inwhy7jtyC
— P2P.org (@P2Pvalidator) August 2, 2023
Unlockd and DeeLance partnership
In another development, NFT Lending platform Unlocked and DeeLance have partnered. It aims to contribute to bringing a unique wave of empowerment, innovation and financial opportunities to both companies. In the official announcement, DeeLance stated that the collaboration includes the integration of NFT-backed lending solutions into its ecosystem.
According to DeeLance, the partnership will enhance consumers on DeeLance as well as increase adoption of its protocol. In addition, Unlocked will assist DeeLance with NFT liquidity related solutions.
Exciting partnership news! 🤝#Deelance teams up with @Unlockd_Finance, the NFT lending protocol powered by data science!
Integration of NFT-backed lending solutions into DeeLance NFT marketplace will empower DeeLance users and boost protocol adoption! 🚀 #NFT #Freelance… pic.twitter.com/x37uO45E2W
— DeeLance (@deelance_com) August 2, 2023
OKX Wallet and HorizonDEX partnership
OKX Wallet has announced its integration with HorizonDEX, the Linea-based concentrated liquidity decentralized exchange (DEX). The integration maximizes the liquidity level of OKX Wallet users. However, it aims to provide a more efficient and seamless DEX experience while minimizing the price difference.
With the partnership, OKX Wallet users will now be able to perform a number of functions through HorizonDEX. For example, users will be able to transfer cryptocurrencies to various chains powered by OKX Wallet. Users can also provide liquidity to the DEX and earn rewards by staking liquidity provider (LP) tokens.
YouSUI and Alchemy Pay partnership
Launchpad platform YouSUI and crypto-fiat payment gateway Alchemy Pay have signed a new partnership. The collaboration aims to attract more users to DeFi projects on the launchpad with seamless utilities, advanced operations, and fast XUI token purchasing.
In addition, the partnership is set to significantly increase the utility and growth of YouSUI. Alchemy Pay’s fiat-crypto launch solution will make it easier for users to purchase and stake XUI tokens, thus attracting more users to the YouSUI platform.
🌈Buy $XUI Through #AlchemyPay!
Credit Card / Bank Account/ Fiats↘️Let's go to https://t.co/DivYbUm4kz, Try to buy $XUI
YouSUI Supports $BTC, $ETH, $SUI, $XUI, $USDT
🎉YouSUI is thrilled to join forces with @AlchemyPay bringing their fiat-crypto on-ramp solutions to our… pic.twitter.com/E2pxJKbNgi
— YouSUI (@YouSUI_Global) August 1, 2023
cryptocoin.com as other important listings, updates, etc. of the day. We have included altcoin news in this article.
