Scalability-focused Blockchain Network Matic announced on Tuesday the network will see interoperability with leading blockchain networks as it has collaborated with KardiaChain. Matic informed that NEO and TRON based digital assets would be supported on the network’s sidechains, and vice versa.
1/ We’re thrilled to announce Matic Network’s interoperability with leading blockchains via our collaboration with @KardiaChain!
NEO and TRON-based assets will soon be supported on Matic sidechains, and vice versa.
Read more: https://t.co/Ut0MUK3D4J https://t.co/bftsMKGgZ3 pic.twitter.com/wBkj9QfbG4
— Matic (@maticnetwork) April 7, 2020
In the following tweet, Matic stated that KardiaChain would utilize its layer-2 solution to cater to the high demand for its expanding ecosystem of enterprise blockchain solutions. KardiaChain will be holding its IEO on the Gate.IO Exchange on Wednesday, April 08, being the first project to launch on the exchange in 2020.
In an official post on Medium, KardiaChain stated that its partnership with Matic Network is aimed at developing a highly efficient approach to drive mass adoption by combining Matic’s scalability and KardiaChain’s interoperability. It further said,
“KardiaChain will leverage Kardia Smart Markup Language (KSML) and provide Dual Nodes to watch other blockchains for Matic. Right this moment, KardiaChain Dual Nodes are connected to Ethereum, Tron X, and NEO. This means that by collaborating with KardiaChain, Matic blockchain on ETH will be interoperable with other blockchains that are already in Kardiachain networks such as TRX or NEO.”
Further, in the post, the hybrid blockchain solution enterprise stated that all the transactions of KardiaChain will now be processed on Matic’s scalable layer-2 solution, and all other information that requires transparency will be stored on KardiaChain’s public blockchain, like third party merchant information. You can read the complete post here.
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