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Blockchain Network Matic Announces Collaboration with KardiaChain

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.

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,

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.

Ronald Cribbs: Ronald Cribbs is a reporter who has studied in Journalism and previously worked as a freelance reporter in well-known publications and financial news websites. He is regularly going for the interview with leading industry players of crypto space. He has been following cryptocurrencies since 2012.