Blockchain Cloud News

MATCH Chain Realizes The Dream Of True Interoperability Between Ecosystems In WEB3

Builders, users, and institutions alike have been waiting in anticipation of the day when WEB3 is scalable and as easy to navigate as WEB2. Even with Sui and Aptos bursting onto the scene, Ethereum completing its merge, and exciting developments in NFTS and Layer 2s, we are still stuck asking, WEN!?

The wait is over! For the first-time, true interoperability between blockchains will be possible with the launch MATCH Chain. Users and applications will be able to interact seamlessly between and through EVM, COSMOS, and MOVE-VM ecosystems, achieving a long-awaited milestone for blockchain technology.

Read more: Robotics And Artificial Intelligence

Siloed ecosystems will be a thing of the past. Users will soon be able to traverse ecosystems in a new age of blockchain interoperability. MATCH Labs’ intent is to develop and deploy key infrastructure and technologies to achieve its mission of breaking down barriers and building bridges between our digital WEB3 ecosystems as we forge a path towards a better, brighter future.

In the internet age, overall value has typically been measured by user traffic, the inflows and outflows of capital, and the quality of products. In WEB3, this is no different, we simply use different terminologies. For example, a protocol’s user-traffic is typically measured by the number of unique, active wallet addresses.

Read: Lets Understand Crypto In A Laymans Language

Over the last 10+ years that blockchain technologies have been relevant, only the innovators and earliest of adopters have been engaged in WEB3. Led by idealistic technocrats and dreamers, the builders in the space are attempting to build high-impact solutions that will change the world for the better, yet there is still a tremendous amount of friction when engaging WEB2 users. While there are many budding ecosystems, a vast majority of users are only those native to WEB3. All of that is about to change with the launch of MATCH chain!

MATCH will effectively open the floodgates for millions of users to enter WEB3. Each ecosystem and protocol built upon them will be sprinting to attract and engage as much of the user-traffic as possible. We believe that true and frictionless interoperability is the breakthrough the blockchain industry needs to cross the chasm into mainstream adoption, whether that be through metaverse engagement, defi accessibility, or the real-world, practical application of blockchain technologies.

Sam Sangmin Seo, Klaytn Foundation founder, has said that “blockchain technology plays a crucial part in metaverse technology, for it provides interoperability between different metaverses.”

Read : Cybersecurity Timeline and Trends You Should Know before Planning for 2023

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

CoinPayments Appoints Malcolm Atuona as Chief Financial Officer

Fintech News Desk

GOBankingRates Offers Unique Opportunity for Regional Banks To Grow and Diversify Deposit Accounts

PR Newswire

Entrust Launches Next-Generation, Secure Cloud-Based Direct-to-Card ID Desktop Issuance Solution

Fintech News Desk
1