The Krypital Group and the foundational blockchain tech company, Second State, reached a strategic partnership

by Krypital Group

On November 8 (Beijing time), the Krypital Group formally announced that they reached a strategic partnership with the foundational blockchain tech company, Second State. Second State is a tech company that provides infrastructure to Public and Consortium Chains. Through this strategic agreement, the Krypital Group will provide Second State with investment resources, market expansion, and the promotion of holistic cooperation with other domains. Krypital will promote the cooperation of Second State with high quality companies, domestically and abroad. They will aid traditional companies to do Blockchain+, transform ordinary companies into blockchain companies and put different scenarios into practice, and accelerate the innovation and development of blockchain technology and industry as a whole. At the same time, Krypital and Second State will cooperate with the lower level of the blockchain to a greater extent, enabling more users to enjoy the benefits and convenience of blockchain technology.

Second State

Second State was founded in February 2019, with the purpose of providing the most specialized form of blockchain infrastructure to public and corporate chains. Michael Yuan, the founder of Second State, is t

chief scientist of the famous public chain CyberMiles. The Second State team led by the company has strong technical talent and has released a number of blockchain related products:

• Next generation WASM-based blockchain smart contract execution system
• Multi-language smart blockchain contract compiler based on LLVM
• Integrated development environment BUIDL for blockchain applications
• High-performance complete alliance chain solutions
• Customized search engines for smart contracts
• Server side high-performance WASM virtual machine
• Blockchain technology training and laboratory

Second State’s BUIDL online IDE allows developers to develop DApps (smart contracts + web3 + ElasticSearch + JS + HTML/CSS) in minutes without installing additional software.

Moreover, Second State is the world’s first company to make Ewasm (Ethernet’s next-generation smart contract engine) compiler, and it has won the Ethereum Foundation award, which has been widely praised by the industry.

At the Crosslink conference in Taipei in early November, Ethereum founder Vitalik personally presented a cash award for the SOLL project developed by Second State. Second State’s self-innovated SOLL was the first toolchain to compile Solidity smart contracts into WebAssembly bytecode, and was successfully deployed to Ethereum Foundation’s official Ewasm (Ethernet WebAssembly) test-net. SOLL perfected the toolchain currently lacking in Ethereum Ewasm, laying the foundation for the successful conversion of Ethereum 2.0.

According to reports, SOLL will also support the LLVM compiler to support multiple smart contract programming languages, such as Rust and C++, on the front end. Support for various virtual machines on the back end, such as Ewasm and EVM1.x, will greatly increase the efficiency and flexibility of blockchain development. Second State is positioned as a blockchain technology and service provider dedicated to building software infrastructure and development tools for the public and corporate chains. In 2019, SIG Asia, Ethereum Classic, and the open source legend Marc Fleury received a total investment of 3 million dollars.

The Krypital Group

Founded in 2017, the Krypital Group is a leading global blockchain incubation and investment organization. Krypital provides the most professional project incubation, consulting, and brand management services for the industry. In addition, Krypital has established a number of funds such as Tier 1 projects, secondary markets, and asset management services to provide a one-stop service for the blockchain industry. Currently, Krypital has made outstanding achievements in the public chain, DAPP, and various exchanges. It’s ecological layout in institutions and media will further contribute to the development of blockchain projects.

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