Wanchain and 0Chain are pleased to announce they have entered into a strategic partnership, combining Wanchain’s industry-leading blockchain interoperability expertise with 0Chain’s high-performance decentralised storage network.
With DeFi beginning to spill into mainstream consciousness, the need for decentralised blockchain interoperability and storage solutions is at an all-time high. The Wanchain-0Chain partnership brings together decades of global experience in business and technology development to empower developers to build groundbreaking cross-chain applications to power the future of DeFi. Just as importantly, the two innovative companies share a vision for the future of blockchain.
Wanchain is the world’s premiere decentralised blockchain interoperability solution. They have been building their cross-chain infrastructure since 2017. In early 2021, Wanchain launched the world’s 1st decentralised BTC-ETH direct bridge. Wanchain also offers decentralised bridges connecting Bitcoin, Ethereum, EOSIO, XRP LEDGER and BINANCE Smart Chain, with other chains such as Polkadot on the horizon. All of Wanchain’s different cross-chain integrations are supported by Universal Multichain Bridges powered by unified decentralised collateral pools, maintained by Wanchain’s Storeman nodes.
0Chain offers an enterprise-grade decentralised storage network (DSN) at the edge cloud with core-cloud prices; all the while maintaining high data availability and redundancy, low latency, as well as enabling data privacy & protection regulatory compliance (GDPR) by design.
“0Chain’s approach to decentralisation is a perfect philosophical fit for Wanchain,” said Li Ni, Wanchain VP of Business Development and Operations. “Together, we will unlock the full potential of true DeFi.”
The scope of the partnership is threefold:
- 0Chain will launch and operate a Wanchain Storeman node, beginning with the fifth Storeman Group. 0Chain’s Storeman node is the first step towards bringing 0Chain’s decentralised storage to WanChain’s users and clientele.
- Wanchain and 0Chain will create and provide initial liquidity for a WAN/ZCN pair on Wanswap, a community-run cross-chain DEX. This is in addition to the existing WASP/ZCN pair that’s been recently added to WanSwap.
- Wanchain and 0Chain will jointly determine the feasibility of integrating 0Chain’s decentralised & distributed storage technology into Wanchain’s cross-chain infrastructure.
As an indication of commitment to the partnership, Wanchain and 0Chain have completed a token swap.
Mo Siam, 0Chain Director of Operations, notes that “Wanchain’s cross-chain infrastructure and T-Bridge framework complements and enables 0Chain’s vision in bringing enterprise grade decentralised storage to multiple chains, whether private or public, seamlessly.
We anticipate the next wave in DeFi shall be one that unlocks value from data sets; and the underlying bedrock for this wave shall be interoperability and decentralised storage networks flexible enough to provide high throughput, compete with incumbents on functionality, compliance and cost; yet securely & verifiably store and keep data ownership & control in the hands of its true owners; those that create, generate or buy it.”
About 0Chain
0Chain is a high-performance decentralised storage network designed to eliminate business threats such as censorship, privacy liability and data breach. 0Chain helps entities achieve GDPR compliance, localisation, tokenisation and monetises private data sharing.
The decentralised platform offers high performance, high quality of service, collaboration, localisation, and streaming to address a broad spectrum of applications.
About Wanchain
True DeFi is interoperable — Wanchain is the world’s premiere decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralised cross-chain applications to power the future of DeFi.
