Itheum Announces Strategic Technology Partnership with Bware Labs to Advance Data Ownership and Identity in Web3
Itheum is excited to announce its technology partnership with Bware Labs, a prominent provider of decentralized infrastructure services. This partnership aims to provide Web3 users with one of the most resilient and fastest decentralized infrastructure services available in the industry as an integrated component within the Itheum protocol. The partnership will also enable Itheum to integrate support for Bware Labs’ state-of-the-art technologies into its suite of tools, further empowering data ownership and identity in the Web3 and Open Metaverse ecosystems.
Empowering Data Ownership and Privacy-Preserving Technologies
The technology partnership between Itheum and Bware Labs marks a significant moment for both companies, with the goal of bringing privacy-preserving identity technologies and empowering data ownership in the decentralized web. Itheum’s decentralized data brokerage technology allows for high-value data and identity to be bridged from Web2 to Web3 and then traded peer-to-peer with consent and privacy-preserving middleware layers.
Enhanced Infrastructure Services with Blast API
As part of this partnership with Bware Labs, Itheum is pleased to announce an integration with Blast API. Blast API, Bware Labs’ flagship product, will be integrated into Itheum’s multi-chain protocol platform. Blast API is a decentralized infrastructure service provider that offers fast response times and resilient services to developers. By leveraging clustering mechanisms and third-party node geographical distribution, Blast helps Web3 developers get their infrastructure needs covered effortlessly, allowing them to focus solely on application development. Scaling is easily achieved by adding more Node Providers into their network, and good node behavior is enforced within their protocol by performing periodic checks and applying coercive measures for nodes that underperform, such as slashing staked tokens or exclusion from the network.
Itheum will utilize Blast API’s multi-chain solution as a gateway to allow seamless look-up and aggregation of on-chain user data across all of Itheum protocol’s data and identity solutions. The ideal end-state of this integration would be allowing a web3 user who is active across multiple blockchains to aggregate their data and identity and then take ownership of this multi-chain, high-value data footprint via the Itheum protocol. The web3 user can then participate in products like the Web3 Passport, share their data and identity with consent to 3rd parties, and earn shared value and rewards in return.
Benefits of Using Blast
Increased Performance and Response Rate: Blast API provides good node behavior enforcement within the protocol by performing periodic checks and applying coercive measures for nodes that underperform, like slashing staked tokens or exclusion from the network.
Support for Multiple Blockchain Networks: Blast API users can access multiple blockchain networks in one place with a single account and subscription. The list of supported blockchains is continuously growing, as Blast API is committed to expanding the available development toolkit beyond the Ethereum ecosystem.
Immediate Availability: With Blast API, users get instant access to the blockchain data via the endpoints provided, with a fully synced status guaranteed. Building and deploying your own node to get API access to various blockchains can prove time-consuming, and some nodes can take up to several weeks to sync and become usable.
No Technical Expertise Required: To deploy your own node, you need some basic Linux and bash skills and a minimal blockchain understanding. At the same time, you will have to allocate time and resources to ensure uptime and maintenance. With Blast API, users can guarantee uptime with virtually zero maintenance costs. All available within minutes through a user-friendly interface.
A message from the Founders
Itheum’s CEO and Co-Founder, Mark Paul stated “Our partnership with Bware Labs and integration of Blast API is an exciting step for Itheum. Blast API’s fast and reliable multi-chain infrastructure services will enable us to provide our users with better solutions that help them take control over their web3 data and identity. ”
Bware Labs’ CEO and Co-Founder, Flavian Manea, adds, “Through our partnership with Itheum, we support their mission to power up the next generation of dApps built using personal data. And so, we continue to build towards our purpose of empowering Web3 development and offering Web3 users everywhere reliable and highly performant decentralized infrastructure solutions. ”
The partnership between Itheum and Bware Labs is a significant step forward for both companies in empowering data ownership and privacy-preserving technologies in the Web3 and Open Metaverse ecosystems. With the integration of Blast API’s multi-chain capabilities, Itheum is well-positioned to provide users with tools to own and trade their data. As the decentralized web continues to grow and evolve, Itheum is committed to being at the forefront of data ownership, identity and privacy, ensuring that users’ data remains under their control.
About Bware Labs
Bware Labs aims to provide an all-encompassing infrastructure and development ecosystem that can help Web3 builders throughout their entire blockchain journey. Blast, their blockchain API platform, is a decentralized marketplace platform for node providers and end-users to collaborate in a mutually beneficial manner. The platform will reduce technical and cost overhead for end-users while helping node providers market their services and gain trust. End-users will obtain access to blockchain endpoints via a subscription plan based on stablecoins, while node providers will be subjected to an automatic verification algorithm to ensure high operational standards.BwareLabs tokens will play a vital role in the infrastructure economy and Program Governance. The platform offers support for over 40 blockchain networks and the list is constantly updated with the most relevant blockchain networks in the space.
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Itheum empowers data ownership in the Web3 and Metaverse ecosystems and creates new market value for your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that facilitate high-value data to be bridged from web2 to web3 and then traded peer-to-peer. It allows for “viral adoption” via our creative “Data NFTs” (provide “inner value” to NFTs and enable royalties / limited supply), “NFMe ID” technology (a living Metaverse avatar representation of you — wrapped as an NFT and backed by personal data) and innovative Data Coalition DAOs (governance entities that bulk trade your data with your consent). It also aims to be fully privacy-preserving, regulation-friendly, and multi-chain, making it the most comprehensive core blockchain data and identity infrastructure available in the market with use cases in both the enterprise and consumer space.
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