The integration of Zoniqx’s ERC-7518 Tokenization Engine on Base represents a pivotal moment for the onchain ecosystem. Together, these two innovators are unlocking new horizons in onchain finance, setting a new standard for scalability, compliance, and security.
This integration is more than a technical milestone—it enhances the infrastructure of the entire industry:
– For the Industry: It advances decentralized finance (DeFi) by instituting scalable and interoperable systems that allow institutions and developers to build innovative financial solutions.
– For Asset Owners and Issuers: The integration of Zoniqx on Base enables a seamless transition of real-world assets to digital tokens that are compliant with global standards.
– For Developers and Builders: The combination of Zoniqx’s compliance-first infrastructure together with the scalability of Base creates a secure, transparent, and globally accessible marketplace.
This integration marks a step forward in Base’s mission to create a truly open financial system for 1 billion+ people worldwide. It signals the start of a new era, where the tokenization of assets is not only secure and compliant but also accessible to all.
The Vision: Empowering Onchain Finance
Zoniqx’s integration on Base is motivated by a shared vision: to democratize access to finance by utilizing blockchain technology. This is based on the premise that a decentralized economy allows individuals and organizations to access the global economy with more freedom, efficiency, and transparency.
Zoniqx and Base are bridging the gap between traditional finance and decentralized ecosystems, enhancing the liquidity, accessibility, and intelligence of tokenized assets like never before.”— Prasanth Kalangi, Founder and CEO, Zoniqx
Read More: AI and Data Interoperability are Crucial for Success in the Financial Industry
Base’s Four-Phase Plan for Global Economic Freedom
Base has been systematically working through a series of transformations to establish an open financial system. The phases include:
1. Develop the Protocol (1M People): The early development of foundational blockchain protocols like Bitcoin and Ethereum paved the way for open-source experimentation and innovation.
2. Build a Digital Currency Exchange (10M People): Platforms like Base have created user-friendly onramps to enable broader adoption of digital assets.
3. Mass Market Interfaces for Onchain Apps (100M People): Wallets and interfaces like Coinbase Wallet, Metamask, and Trust Wallet have enabled developers and users to engage seamlessly with onchain applications.
4. Onchain Applications for Open Finance (1B+ People): With protocols and interfaces in place, it is now time to develop applications that will define a new global financial system based on open networks, delivering unparalleled accessibility, security, and low fees.
How Zoniqx Fits Into This Vision
Zoniqx shares this ambitious goal by offering an advanced tokenization platform that transforms real-world assets into onchain-powered opportunities. This integration will focus on:
– Providing efficient, scalable infrastructure capable of managing vast amounts of tokenized assets.
– Facilitating asset issuers and developers through solutions built with compliance at their core.
– Promoting the use of onchain applications that expand access to financial tools and services.
On Base, Zoniqx is setting the stage for a future where decentralized finance is accessible at a global scale.
Read More: The Digital Divide: Insurance Industry Races to Bridge Tech Gap Amid AI Push
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