FLETA and Crust Network Announce Technical Cooperation
Blockchain platform FLETA, created by Sendsquare, and Crust Network are pleased to announce a partnership to introduce the decentralized storage technology of the Crust Network for application landing and development in the Korean market.
FLETA has always highlighted the development of blockchain application scenarios as its main goal, so the S3-like interface provided by the decentralized storage technology of the Crust Network will be applied to FLETA’s own blockchain application scenario. In addition, since Crust is a protocol that can flexibly schedule decentralized storage resources, FLETA also plans to use the surplus resources of its Formulator cloud server to join the Crust Network and provide services to enrich and activate FLETA’s mining ecology. When the Crust Network mainnet matures, Crust Network plans to discuss deeper technical cooperation with FLETA, share the advanced technology and market resources of China and South Korea, promote the application of blockchain projects, and jointly enhance the two parties’ cooperation and increase influence in China and South Korea.
FLETA is a blockchain project created by Sendsquare, with features of up to 14,000 TPS, high scalability, low fees and other characteristics. Sendsquare was selected as a blockchain PoC support project by the National IT Industry Promotion Agency (NIPA) of the South Korean Government since 2019, and has jointly developed some government blockchain application projects, such as on-chain clinical data management system (eCRF System) and RWD basic clinical research analysis report platform using blockchain technology.
This year, FLETA achieved technical cooperations and strategic partnerships with several star projects, such as NEO, Wanchain, Tomochain, Chainlink, Matic Network, WINK and Origin Protocol. Through these cooperation plans, FLETA will accelerate the process of entering the international market. At the same time, FLETA also provides the mainnet technology to multiple blockchain projects such as Heart Number, NFUP, LINKA, and ISTARDUST in Korea. Sendsquare has developed a number of applications in South Korea based on its exclusive technology and is looking forward to the development of real blockchain applications.
Crust implements the incentive layer protocol for decentralized storage. It is adaptable to multiple storage layer protocols such as IPFS, and provides support for the application layer. Crust’s architecture also has the capability of supporting a decentralized computing layer and building a decentralized cloud ecosystem.
Integrated wallet, staking and cloud storage functions, and the beta version of the Crust Cloud platform will be launched soon. At present, public testnet Maxwell 1.0 is live, and welcomes everyone to join for testing. Crust Network successively joined Substrate Builders Program and Web3.0 Bootcamp, and also obtained a Web3 Foundation Grant.
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