QuarkChain Cooperates With Shading Tech To Establish A Cutting-edge Lab To Participate In AntChain’s Ecosystem Development

QuarkChain
QuarkChain Official
3 min readMay 7, 2021

We are pleased to announce that QuarkChain and Shading Tech have reached a cooperation to jointly establish a cutting-edge laboratory. The two parties will cooperate in areas such as high-performance blockchain systems, cross-chain technology, DeFi, NFT, and jointly participate in AntChain’s ecosystem development.

Shading Technology is a professional blockchain application solution provider. It has been committed to technology research and development in the field of distributed systems for many years, providing efficient and stable blockchain solutions for many enterprises and governments. At present, the business of Shading Technology includes government affairs, smart cities, supply chain finance, and deposit traceability, helping more enterprises and government departments to achieve higher efficiency with lower costs. QuarkChain, as a mature project that has been running for many years, is also committed to the application of blockchain technology and exploring more possibilities of blockchain. This cooperation has realized the complementary advantages of both parties, and will achieve more extensive cooperation in DeFi, NFT and other fields.

At the same time, Shading Technology is also an ecosystem partner of AntChain Node under Ant Group. Through this cooperation, QuarkChain will also participate in the ecosystem construction of AntChain, and work together to implement the application of blockchain technology.

About AntChain

AntChain, founded in 2015, is a global leader in blockchain, providing blockchain solutions to thousands of enterprises, developers, and public sectors. Committed to the success of its customers, AntChain provides reliable and robust blockchain solutions. AntChain provide wide range of solutions to support any size business, allow business to utilized blockchain technology to further enhance brand perception and value as well as to expand into new business models.

About QuarkChain

QuarkChain is a flexible, scalable, and user-oriented blockchain infrastructure by applying blockchain sharding technology. It is one of the first public chains that successfully implemented state sharding technology for blockchain in the world.

Super Flexibility: QuarkChain is able to support multiple transaction models, various consensus algorithms, different ledgers, and even multi tokens economics in one network. It created multi-native tokens to meet the rapid and different needs of various industries for blockchain.

High Scalability: QuarkChain has a two-layered structure and encourages individual miners with different levels of capability to mine directly without joining mining pools. QuarkChain aims to deliver 100,000+ on-chain TPS. Currently, 14,000+ peak TPS has already been achieved by an early-stage testnet.

Great Usability: QuarkChain is EVM-compatible and supports scalable cross-shard transactions. Only one account needed to access all resources on all shards.

About Shading Technology

Shading Technology is a professional blockchain application solution provider. It has been committed to technology research and development in the field of distributed systems for many years, providing efficient and stable blockchain solutions for many enterprises and governments. At present, the business of Shading Technology includes government affairs, smart cities, supply chain finance, and deposit traceability, helping more enterprises and government departments to achieve higher efficiency with lower costs. The core members of the team include professors from first-class universities, engineers from Google, Facebook, and Microsoft with more than 10 years of experience in scaled distributed system development, and business elites with years of experience in corporate services.

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