Smartlink is delighted to announce several new developments and a crucial partnership. Significant progress has been made on the Web 3.0 escrow front and market. In addition, Smartlink has forged a strategic partnership with CEA to create an ideal framework for digital and physical products.
December 23 – Vancouver, Canada – Smartlink continues to push the boundaries of developing a decentralized ecosystem providing much needed Web 3.0 infrastructure. The team focuses on escrow smart contracts, a decentralized marketplace, launch pad solutions, and a comprehensive decentralized finance (DeFi) suite.
Smartlink has entered into a strategic partnership with CEA, the world’s most innovative research institution, according to Reuters. The French Alternative Energies and Atomic Energy Commission (CEA) is a state-funded research organization focused on energy, defense and security.
CEA has worked with many leading companies, including Engie, Vinci Technologies, Alstom and Tenderbake de Tezos. Additionally, Smartlink and CEA worked together to help identify an ideal framework for the escrow module being built under the Smartlink banner. More importantly, the escrow module must work with both digital and physical products, which presents new opportunities and additional challenges.
With the help of the CEA, Smartlink will divide the work on the escrow module into two categories. One side is looking at the digital side of the spectrum, while the rest of the focus is on physical assets. Each category has its own set of utilities and features that need to be developed and supported.
The partnership with CEA will help leverage blockchain technology to build a larger decentralized financial ecosystem, excelling in security, performance and profitability. Additionally, it will focus on the Tezos blockchain, which provides a cheap, fast, and efficient ecosystem.
A CEA representative commented on the partnership:
âThe Smartlink ecosystem is the first to provide a full, non-custodial escrow service as well as a marketplace that allows users to exchange goods and services using cryptocurrencies. “
Ben Constanty, CEO and Co-Founder, added:
âWe are developing a solution that bridges the current trust gap in commercial and retail transactions using smart contracts, which is a huge undertaking. Having a partner like CEA by our side provides us with industry expertise and experience to anticipate all the approaches and potential challenges that we face with our escrow solution.
The recent launch of its decentralized exchange (DEX), Vortex, confirms the commitment to DeFi and the Tezos ecosystem. Additionally, the Vortex DEX supports yield farming incentives for various tokens on the Tezos blockchain, improving the appeal of what Smartlink brings to the table.
Smartlink is developing a sustainable ecosystem of decentralized and scalable applications on top of the Tezos network, including a decentralized escrow service, a marketplace for crypto users, and DeFi applications.
More information on Smartlink: https://smartlink.so
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