Actual-world asset tokenization blockchain MANTRA and decentralized knowledge infrastructure supplier Inveniam Capital Companions have introduced the launch of a brand new layer 2 blockchain.
abstract
- MANTRA collaborates with Inveniam to launch its first Layer 2 chain.
- L2 powers the use and administration of business actual property knowledge.
- Inveniam Chain helps a number of blockchains together with Ethereum, Avalanche, and Hedera.
Inveniam and MANTRA say the brand new layer 2 blockchain is purpose-built to facilitate the administration and utilization of private actual property property.
L2 targets synthetic intelligence and decentralized finance ecosystems to energy the administration and utilization of business actual property knowledge. Presently, the industrial actual property trade ranks as one of many least frequent, however the commonest is >OM).
Leveraging Inveniam’s decentralized knowledge administration resolution, Inveniam Chain is ready to construction, hash, and authenticate trillions of personal actual property knowledge factors. These distinctive knowledge factors feed into AI brokers, non-public market indices, the DeFi ecosystem, and extra.
“By combining MANTRA’s RWA-focused Layer 1 infrastructure with Inveniam’s deep experience in non-public market knowledge, Inveniam Chain has the potential to redefine the way in which property are tokenized, traded, and valued,” stated John Patrick Mullin, Founder and CEO of MANTRA.
In response to the small print, Inveniam Chain is related to AI brokers and DeFi and may act as a “meta-chain for any digital system.”
L2 helps not solely property on MANTRA, but in addition property traded digitally on main blockchain networks reminiscent of Ripple, Avalanche, Hedera, ZK Sync, and Ethereum.
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Mantra’s key milestones
MANTRA’s announcement comes simply over a month after the Layer 1 platform started a serious community improve.
In September, the RWA-focused platform launched its newest mainnet improve, making MANTRA the primary blockchain protocol to natively assist each the Ethereum digital machine and CosmWasm sensible contracts.
One other essential milestone is the registration of the platform as a digital asset service supplier within the United Arab Emirates. Particularly, the platform has obtained a VASP license from Dubai’s Digital Property Regulatory Authority.
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