The Ethereum Layer 2 HashKey Chain network is already scheduled to officially launch on its Mainnet. The HashKey Chain mainnet will be activated in the last quarter of this year.

In a post shared on July 8 on the X platform, HashKey Group announced the debut of its mainnet called HashKey Chain. “Set your timer! HashKey Chain is ready to redefine limitlessness,” it wrote in the announcement.

As highlighted in its official announcement, the mainnet of its Layer 2 solution, Hashkey Chain, is scheduled to go live in Q4 2024. In April, during the Hong Kong Web3 Festival, HashKey Group revealed its plans to launch an Ethereum Layer 2 network, HashKey Chain.

In a major move for its growth and development, the network will use zero-knowledge proof technology to enhance the group’s Web3 ecosystem by offering on-chain services that are cost-effective, efficient and developer-friendly.

Hong Kong-based HashKey Group has already made a name for itself in the development of Web3 infrastructure, reaching a valuation of over $1.2 billion earlier this year. The company’s supply chain finance solutions have already been successfully implemented across a number of banks and suppliers in China, bringing a total of 23 banks and over 4,300 suppliers to its platform.

Ripple and HashKey DX Expand Blockchain Solutions in Japan

Ripple, a leading developer of cryptocurrency payment solutions, has announced a strategic partnership with HashKey DX, a subsidiary of HashKey Group in Tokyo, to expand the applications of the XRP Ledger (XRPL) in Japan. This move is part of an ongoing effort to integrate blockchain technologies into financial supply chains, a sector in growing demand for digital innovation.

This agreement foresees not only the implementation of these solutions in Japan, but also the collaboration with SBI Holdings, a Japanese financial services giant. SBI Holdings has already collaborated with Ripple since 2016, mainly on international remittance initiatives.

Disclaimer:

The views and opinions expressed by the author, or any person mentioned in this article, are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.

Source: https://portalcripto.com.br/ethereum-layer-2-hashkey-chain-sera-ativada-no-quarto-trimestre-de-2024/



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