Active Stocks
Tue Apr 16 2024 09:54:35
  1. Tata Steel share price
  2. 161.55 0.40%
  1. NTPC share price
  2. 359.25 -0.58%
  1. HDFC Bank share price
  2. 1,494.10 -0.06%
  1. Infosys share price
  2. 1,445.50 -1.55%
  1. Power Grid Corporation Of India share price
  2. 274.80 0.24%
Business News/ Brand Stories / Kana Labs and Chainwith Join Forces to Propel Blockchain Innovation
BackBack
BRAND POST

Kana Labs and Chainwith Join Forces to Propel Blockchain Innovation

As part of this partnership, Chainwith's flagship product, the C2E Wallet, will undergo substantial enhancements leveraging Kana Labs' cutting-edge cross-chain technology and expertise.

Kana Labs and Chainwith Join Forces to Propel Blockchain InnovationPremium
Kana Labs and Chainwith Join Forces to Propel Blockchain Innovation

Kana Labs and Chainwith announce a strategic partnership to enhance blockchain innovation, leveraging Kana Labs' expertise to redefine community-driven ecosystems within the C2E Wallet.

London, United Kingdom - February 21, 2024 - Kana Labs, a trailblazer in Web3 and blockchain infrastructure solutions, is pleased to announce its partnership with Chainwith, a leading blockchain firm focused on revolutionising community-driven ecosystems through its innovative C2E protocol. The collaboration between the two firms is a major milestone, particularly within community-driven ecosystems. 

As part of this partnership, Chainwith's flagship product, the C2E Wallet, will undergo substantial enhancements leveraging Kana Labs' cutting-edge cross-chain technology and expertise. The Chainwith’s ecosystem is primarily built on top of its innovative and pioneering C2E (Community To Earn) model which has been designed to seamlessly integrate a coin reward system with community activities and platforms. 

With Kana Labs' expertise, Chainwith aims to revolutionize the C2E Model, ensuring unparalleled accessibility and user-friendly experiences within the C2E Wallet ecosystem. By integrating Kana Labs' SDKs, including the Miral SDK and Cross-Chain SDK, Chainwith is poised to unlock new possibilities within the C2E ecosystem. Chainwith archives this by leveraging Kana Labs' expertise in simplifying complexities within the decentralized finance (DeFi) and GameFi markets thereby enhancing its scalability and interoperability capabilities across multiple blockchain networks.

Kana Labs is an up-and-comer in the APAC market that has been gaining significant popularity and traction in the South Korean and Japanese markets recently. It is well known for its reputation for simplifying complexities in DeFi and GameFi markets underlined by its cutting-edge cross-chain and EIP-4337-based products. They are also known for one another unique aspect, the only large multi-chain ecosystem that supports and facilitates direct on-chain transactions between EVM & non-EVM chains under the same roof in the same UI. 

Jeon Yoon, CEO at Chainwith said “As the representative of Chainwith, I am enthusiastic about forming a partnership with Kana Labs, a company that shares our commitment to fostering the widespread adoption of blockchain technology. This collaboration represents a significant step forward in our shared vision of bridging the gap between Web 2.0 users and the Web 3.0 ecosystem. Our joint efforts aim to address and surmount the challenges that have hindered this transition, paving the way for a more integrated and accessible digital future".

Karthik Subramaniam, CEO of Kana Labs added “Extremely thrilled to be working with Chainwith and helping their in their transition to web3. We are sure that their C2E model would be unique and innovative and set a trend for the industry as a whole. Looking forward to seeing it work on their platform and excited to share their success with others ". 

About the firm -  

Kana Labs - Kana Labs is a pioneering force in the Web3 and blockchain infrastructure space, simplifying the complexities of DeFi and GameFi markets. Their platform offers a vast multi-chain ecosystem, seamlessly integrating both EVM and non-EVM chains, catering to the needs of both end users and developers/founders. Kana Labs empowers users and businesses to access, navigate, and thrive in the world of decentralized finance and gaming through innovative tools and solutions.

Chainwith - Chainwith is a Seoul-based blockchain firm committed to connecting the world through blockchain technology. With a focus on the C2E protocol, Chainwith empowers communities by incentivizing active participation and engagement through its innovative C2E Wallet ecosystem.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 20 Feb 2024, 07:25 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App