RioDeFi Partners with Bluzelle for Secure Storage of DeFi Data

in #bluzelle2 months ago

Bluzelle is excited to welcome RioDefi as its latest partner. RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance.

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Regarding this partnership:

Bluzelle is excited to welcome RioDefi as its latest partner. RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance.

RioChain will utilize Bluzelle’s scalable and interoperable decentralized DB for off-chain storage of their DeFi data. RioChain is right for a broad range of decentralized applications, especially for developers who have an interest in building dApps on a quick, scalable, interoperable blockchain with low transaction fees. With a mission to accelerate the mass adoption of digital assets, they just launched the beta version of RioWallet, which will allow people to easily convert fiat currency from a checking account or MasterCard to cryptocurrency and enable users to access Defi services including swapping, staking lending, and borrowing.

They will support our Mainnet as an extended-term validator to assist safeguard the Bluzelle network

Bluzelle enables Dapps to store their data during a place that's both decentralized and mutable, which may be a huge benefit for Dapps building on RioChain. Many Dapps still use centralized databases for hosting certain data points that are too costly to store on-chain, so Bluzelle’s decentralized DB for off-chain storage offers an ideal solution to maintain sufficient decentralization while still minimizing cost.” says James Anderson, CEO of RioDeFi.

RioDeFi will also extend their support to the Bluzelle Mainnet as a validator. Onboarding top-notched validators like RioDeFi onto the Bluzelle network is a component of the continued effort to continuously level up the safety and decentralization of the Bluzelle blockchain.

About Bluzelle

Bluzelle aims to be the go-to data layer for Web 3.0 by providing a decentralized data network that is tamper-proof and has greater privacy, scalability, and availability than traditional solutions. Powered by Cosmos, Bluzelle handles 10,000 TPS and is a delegated proof of stake. Bluzelle’s DeFi solutions are being developed to enhance Defi with historical price feeds, provide data analytics, 360-degree views, and more. As DeFi grows, Bluzelle’s infrastructure services play a big role.

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With 5 partnerships announced in a row, we have successfully concluded our Bluzelle-Polkadot Week! Of course, this is not the end of our road to #adoption. More exciting milestones are waiting ahead for November Stay tuned!