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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

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    Courtyard Tops Sales, Doodles Leads in Growth

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    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

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    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

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  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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Prom Starts a Collaboration with Automata Network for Blockchain Innovation

March 20, 2024
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Prom Starts a Collaboration with Automata Network for Blockchain Innovation
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Prom, a zkEVM L2 solution, has recently announced its latest collaboration. As per the company it has started a strategic partnership with Automata Network in an endeavor to make advancements in the wider blockchain technology. The collaboration focuses on upgrading the infrastructure of Prom while attempting to provide a comparatively effective framework.

READ ALSO

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

Prom Partners Up with @AutomataNetwork

Welcome Automata Network, a modular attestation layer that extends machine-level trust to Ethereum.

The partnership fosters the upgrade of Prom’s infrastructure, offering a more efficient framework.

Dive deeper👇… pic.twitter.com/LYgAM1jCQ0

— Prom (@prom_io) March 18, 2024

Prom and Automata Network Start a Strategic Partnership to Start Blockchain Innovation

The respective partnership additionally widens the firm’s series of developer instruments for the developers. The respective tools would permit the developers to develop on the Prom’s top with convenience. The L2 solution of Prom leverages the ZK stack, which is a technology that emerges as a frontrunner in security.

It ensures complete data privacy throughout the transfers. While discussing this endeavor, Prom asserted that it provides significant attention to trust in each of its Web3 solutions. Particularly, it discussed the L2 products as they can provide scalability while sustaining the settlement layer’s security level. In this regard, Automata plays a crucial role by benefiting from confirmable on-chain attestations. Proof of Machinehood takes the credit of supporting them.

Automata provides a solution to the matter of Sybil and bot attacks. In this respect, it validates the legitimacy of a device that communicates with the blockchain. After the establishment of trust on the hardware scale, it can extend across blockchain ecosystems including Ethereum. Solutions that Automata provides fit locally with Web3 apps and offer an immutable Web3 trust chain.

See also  Daiwa Securities and Progmat Advance in Tokenized Bonds

The Collaboration Will Introduce Tools Supporting Testnet and Mainnet Launch

In addition to this, the platform provided details about the potential targets of the collaboration. In this respect, it revealed that the collaboration has already paved the way for a few cutting-edge instruments for testnet. These tools additionally provide support for the impending mainnet launch to improve the consumer experience while highly focusing on security.

This displays the integration of ZK technology’s potential with the solutions of Automata for a more secure and better blockchain ecosystem. Prom’s modular ZkEVM L2 solution provides interoperability across diverse chains. They take into account both EVM as well a non-EVM compatible networks.

The platform provides the proof of transfers to the other chains on the selected Settlement chain’s top. This creates a bridge between the diverse ecosystems. While pointing out the latest prospect, Prom expressed optimism. It noted that this would lead to other exclusive possibilities related to the ZK technology.

Tags: AutomataBlockchainCollaborationInnovationnetworkPromStarts

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