Advertisement
AD

Main navigation

Advertisement
AD
Advertisement

Ankr Teams up With Chiliz to Bring Web3 to Sports: Details

Advertisement
Thu, 1/06/2023 - 17:15
Ankr Teams up With Chiliz to Bring Web3 to Sports: Details
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Web3 infrastructure provider Ankr has announced the latest step in its partnership with Chiliz, the blockchain technology pioneer behind Socios.com.

Advertisement

In an official blog post, Ankr announces its partnership with Chiliz to power Web3 use cases in sports and entertainment.

Ankr will be the primary RPC provider for the Chiliz chain, with public and premium Chiliz endpoints available on Ankr's RPC platform.

Advertisement

RPC (remote procedure call) is a computer program that connects blockchains to dApps (decentralized applications), centralized exchanges and cryptocurrency wallets.

Additionally, Ankr will join the Chiliz Chain as a node validator, running two validator nodes, with the second serving as a spare candidate.

In February 2022, Chiliz and Ankr entered into a partnership to manage the development of the Chiliz chain. Ankr took the initiative in creating the new chain and has since provided the essential RPC nodes and validator nodes for the ecosystem's infrastructure.

The public mainnet of Chiliz Chain was formally launched in May, beginning the next stage of Chiliz's efforts to improve fan relationships.

A system of 11 active proof-of-staked authority (PoSA) node validators will be made available by the new Chiliz Chain. These validators will eventually include some of the most prestigious sports properties and big names in blockchain.

Chiliz's native token, CHZ, will be used to pay all fees on the Chiliz Chain, enabling holders to contribute to the ecosystem's growth and be rewarded for it.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD