KardiaChain partners with Ankr to offer a unique application in the DeFi space

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KardiaChain

3 min readAug 27, 2020

We are delighted to announce our partnership with Ankr — The blockchain infrastructure aims to enable resource providers and end-users to easily connect to blockchain technologies and DeFi applications. KardiaChain will deliver an industry first DeFi application that enables cross-chain, asset exchange regardless of protocol and without any requirement to wrap, mint or burn tokens. The initial sign of the cooperation is refining our Fully decentralized cross-chain exchange (KardiaChain DEX) to embark on the DeFi industry, run by Ankr’s proprietary infrastructure.

Truly decentralised & interoperable, non-custodial Defi, built on Kardiachain, powered by Ankr

Ankr will facilitate the new KardiaChain DEX on its industry leading decentralised proprietary infrastructure. The two teams will be collaborating to bring a much needed, effortless interoperability solution to the Defi market. In doing so, we will be showcasing our proprietary Dual Node Technology.

KardiaChain DEX

KardiaChain DEX was developed to showcase our unique Dual Node technology that enables “non-invasive” interoperability, meaning KardiaChain is capable of connecting to any public blockchain regardless of their protocol.

To understand how non-invasive interoperability can greatly benefit not only the DeFi but the blockchain space as a whole, let’s take KardiaChain DEX as an example.

KardiaChain is currently connected to ETH, NEO and TRX public blockchains and as such full interoperability between these chains is enabled. Users are now able to perform cross-chain asset transfers in a fully decentralized manner between chains with different infrastructure, meaning there are no custodial entities or minting/burning anywhere during the process. For example, KardiaChain DEX allows users to trade ETH (PoW consensus algorithm) directly from their Metamask wallet for TRX (DPoS consensus algorithm) into their TronLink wallet.

To experience non-invasive interoperability and KardiaChain DEX, a beta version can be accessed and tested by users via the following link: http://dex.kardiachain.io/

To view a video demo/guide please visit this link:

https://www.youtube.com/watch?v=RbbA9-uX1OI

Partnership with Ankr

Ankr is building an infrastructure platform and marketplace for Web3-stack deployment. The Ankr proprietary cloud infrastructure operates independently from public cloud providers and is powered by geographically distributed enterprise-grade data centers to increase resilience and stability. It provides an economical and effective server to run KardiaChain DEX smoothly and without a single point of failure.

The Ankr platform aims to provide users with customized and user-friendly node deployment and API solutions, designed to lower the entry barrier for everyday people, enterprises, and developers to contribute to blockchain ecosystems. The Ankr node market provides users with the ability to deploy blockchain nodes in minutes, while the Ankr API market provides one-click API solutions for public blockchains and DeFi protocols. While KardiaChain’s ecosystem has been joined by a number of enterprises and government bodies as our target and expect to launch mainnet at the end of this year, Ankr’s unparalleled platform and services such as Node hosting and staking will boost our performance to a higher level.

Ankr technology

Ankr utilizes blockchain technology as an essential part of the infrastructure to facilitate payments on the platform, metering of globally distributed resources, reputation data of users/resource providers, and algorithmically recommending data centers via smart contracts. We are happy to join Ankr’s network of clients and partners, the effectiveness and cost-saving of their service is highly competitive in the market. We will actively explore more opportunities with a decentralized computing industry with Ankr.

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