The Good Tech Companies - Sui Foundation Enters Into Strategic Partnership With Franklin Templeton Digital Assets

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Sway Foundation enters into strategic partnership with Franklin Templeton Digital Assets by Chainwire. Grand Cayman, Cayman Islands, November 22, 2024, Chainwire, Sway drives blockchain innovation with support from global leader in asset management. The Sway Foundation, the independent organization dedicated to the advancement and adoption of Sway, the innovative Layer 1 and smart contract platform, today announced a strategic partnership with Franklin Templeton Digital Assets. Franklin Templeton Digital Assets has been investing in the Sway ecosystem and believes this strategic partnership

Starting point is 00:00:40 will provide further benefit toward that effort by seeking value creation opportunities to allow builders of Sway blockchain-based solutions to deploy novel technologies leveraging the Sway blockchain protocol. Greater than Sway was originally inspired by some of the challenges Franklin Templeton, Digital Assets is helping to solve, particularly those that exist within greater than decentralized finance today, said Jamil Kalfin, head of ecosystem development. Greater-than, their interest in Sway's groundbreaking technology feels not only validating, greater-than but as though Sway has come full circle. Franklin Templeton Digital Assets has been engaged for the past few years in building

Starting point is 00:01:19 blockchain-based technology solutions, running node validators, and de-veloping a wide range of investment strategies. The firm's dedicated digital assets research team leverages fundamental tokenomic analysis insights from an embedded data science team and deep industry connections to help inform product development and investment decisions. Greater than, for the past decade, blockchain technology has captured public attention from greater than technologists and economists alike, but often runs up against technical greater-than limitations. We are excited for what the Sway team is building, said Tony Pecour, SVP, Director of Digital Asset

Starting point is 00:01:56 Management at Franklin Templeton. Examples of impressive projects being built in the Sway ecosystem include Deep Book on Sway, called DeFi's answer to a central limit order book, or what exchanges use to facilitate buying and selling between traders by recording BID sand offers, as well as CarrierOne, the decentralized mobile carrier behind the CarrierOne DePin network, and ICA, a parallel MPC network that enables seamless and secure cross-chain interactions. As a secure and scalable platform for building the future of intelligent assets, Sway has already become a premier destination for application builders in gaming, DeFi, memecoins, as well as real-world applications

Starting point is 00:02:36 such as 3D printing and tokenized securities. Most recently, native USDC launched on Sway, enabling users to have direct access to one of the most widely used stablecoins globally while removing the added complexities and risks caused by bridged assets. Contact Sway Foundation Media at sway.io. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - Sui Foundation Enters Into Strategic Partnership With Franklin Templeton Digital Assets

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