KardiaChain is the world’s first decentralized interoperable, and self-optimized blockchain infrastructure. The project features a native cryptocurrency (called KAI) which can be used for facilitating internal transactions such as payment of gas fees and for reward accrual via staking. Through its interoperable and cross-chain abilities, KardiaChain enables developers to deploy smart contracts capable of running across multiple blockchains.
Due to its unique design, KardiaChain has positioned itself as a leader within the S.E. Asian crypto market, with the platform’s co-founders, Huy Nguyen and Tri Pham, holding key positions in the Vietnam Blockchain Association, an organization seeking to share insights and resources for in-depth research and application of blockchain-based tech within the region while also attracting foreign investment.
Additionally, the company has partnered with established crypto entities such as Chainlink, Theta, ShareRing, Knit Finance, and CertiK, as well as traditional businesses like Geleximco, a multi-billion dollar conglomerate.
Why KardiaChain?
KardiaChain utilizes a ‘Dual Master Node’ setup designed to simultaneously access KardiaChain’s ledger data and that of another blockchain. As a result, it becomes possible to relay voluminous amounts of data between different blockchains while maintaining its cryptographic proof at all times.
Its non-invasive, cross-chain technology allows blockchains to communicate with one another even though there may be algorithmic differences between them. Furthermore, KardiaChain’s native infrastructure has been tailored to optimize the trade-offs that exist between blockchain scalability, security, and decentralization, thus allowing it to cater to the needs of growing countries across South East Asia.
Technically speaking, the platform currently has a total of 20 nodes running BFT DPoS while supporting a transaction throughput rate of 6000+ tps. Lastly, Kardiachain offers confirmation times of just 5-seconds which is 10,000 times cheaper than Ethereum.
Products on offer
KAI Wallet
The KardiaChain Wallet is designed to provide its users with seamless access to the burgeoning KardiaChain Network. It features a highly intuitive, stylish, and sleek user interface (UI), allowing clients to navigate through a wide range of cryptocurrencies with the touch of a button. Functionality-wise, the app’s outlay is ideal for novice as well as advanced crypto users.
Through the app, clients can create/manage their own Wallet Addresses using private keys and local client/hardware wallets (such as Trezor, Ledger Nano, etc.). Whenever a third-party application is looking to perform a transaction and embed it onto the KardiaChain blockchain, KAI Wallet allows users not only to review the transaction but also to approve or reject it.
BeLand
Beland is an open virtual world dedicated to the KardiaChain Ecosystem where users can devise their own stores, offices, etc, to display their dApps/business ideas to people worldwide. Since it uses an open architecture framework, users, developers, and creators can all benefit equally from its shared economy model and cross-dApp interoperability. Lastly, BeLand allows clients to interact with one another without the need for any third-party intermediation.
KardiaChain Incubator
KardiaChain Incubator is dedicated to helping fund and launch dApps that have been able to showcase solid market potential. The project focuses particularly on the GameFi sector.
Recent developments surrounding the ecosystem
Over the course of August, the KardiaChain team was been able to forge partnerships with various prominent firms. Firstly, the company solidified its partnership with software company Metawork to broaden its network and step up its marketing efforts. The collaboration allows KardiaChain to gain access to an innovative networking framework as well as helps spur the rapid adoption of Web3 technologies across Vietnam.
Similarly, KardiaChain recently introduced Dapp Play Store as a new strategic partner. As the name suggests, Dapp Play Store is a one-stop destination for all Web3 apps utilizing a decentralized software storage and scalability infrastructure. It comes replete with a fully functional digital asset wallet allowing KardiaChain (KAI) users to install any blockchain application available in the store.
Lastly, KardiaChain recently secured a partnership with OneBlock Labs to bolster its native resource pool and spread mass education/provide training to blockchain enthusiasts across the globe.
Looking ahead
Over the next few months, KardiaChain plans on announcing some key partnerships as a result of the co-founder’s position on the VBA and his recent work. Thanks to the efforts of the VBA, more and more governments across the globe are beginning to recognize the transformative potential of blockchain technology across a wide range of industries.
Lastly, it is worth mentioning that KardiaChain is currently at the forefront of the innovation taking place across S.E Asia, a region that has seen its blockchain/crypto landscape mature quite drastically over the last few years. Thus it will be interesting to see how this market continues to evolve from here on out.
