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Home»Blockchain»Ankr expands the DePIN network and welcomes new partners
Blockchain

Ankr expands the DePIN network and welcomes new partners

2024-03-16No Comments4 Mins Read
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Ankr, a pioneer in decentralized physical infrastructure networks (DePIN), is making waves in the blockchain industry with its latest announcement. The company is embarking on a significant expansion of its network through strategic partnerships with leading Ultra Sound Infrastructure providers.

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Since its founding in 2017, Ankr has been at the forefront of DePIN development, pioneering an innovative approach to democratize the internet and forge a more resilient Web3 infrastructure. Today, Ankr’s commitment to improving performance and decentralization brings a host of benefits, including increased node availability, access to high-quality archive nodes, and expanded geographic coverage to bridge gaps in node resources.
“As pioneers in the DePIN landscape, we are excited to broaden the availability of high-performance decentralized nodes through our Ultra Sound Infrastructure network.”

Stanley Wu, co-founder and CTO of Ankr
“Moving forward, we will continue to cultivate a cohesive DePIN experience for all network participants,” Stanley added.

The addition of seven new partners, including IoTex, Gateway, Storj, Clover, Tencent Cloud, Mind Heart Soul and Ankr Labs, marks a significant step in the decentralization of Ankr’s network. This expansion not only strengthens the infrastructure, but also improves support for on-chain AI and several other innovative use cases, underscoring Ankr’s commitment to meeting the evolving needs of the blockchain community.

Ankr takes Web3 to the next level with DePIN extension

Ankr’s DePIN plays a crucial role in meeting the growing needs of the Web3 ecosystem, facilitating seamless interactions between decentralized applications (dApps), developers and enterprises across different blockchains.

Through its robust network of nodes, Ankr ensures reliable performance for transactions, wallet balance queries, and smart contract executions via RPC requests, with enhanced core RPC services thanks to partnerships with major cloud providers such as Tencent Cloud.
This expansion ensures improved performance for Ankr’s RPC service customers, with better node accessibility, use of high-performance archive nodes, broader geographic coverage, and unparalleled speed, reliability and efficiency across the entire network.
Furthermore, Ankr’s infrastructure supports on-chain AI applications by providing high-performance computing, data availability and integrity, enabling AI applications in predictive analytics, automated decision-making and natural language processing directly on the blockchain.

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In addition to AI, Ankr’s global node infrastructure supports a wide range of use cases, including Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), gaming, metaverse experiences, and decentralized autonomous organizations (DAOs).

Strengthening Web3 with the ANKR token

The ANKR token, an integral part of the Ultra Sound Infrastructure program, considers extended utility as the exclusive payment method for access to the highest level of infrastructure, including archive nodes. This improvement solidifies the ANKR token’s critical role in Web3 operations, as it serves as a “gas” payment for multi-chain infrastructure and provides access to top-quality Web3 infrastructure.

With these strategic partnerships, Ankr is embarking on the next phase of its global infrastructure expansion, with the goal of further decentralizing the Internet and making high-quality, distributed network resources universally accessible. This initiative not only expands Ankr’s reach, but also calls on stakeholders in the Web3 space to contribute to building a decentralized, secure and efficient digital future.
“At IoTeX, our mission is to build a modular ecosystem where projects can easily develop DePIN initiatives. This partnership with Ankr will provide a new set of tools for DePIN builders, enabling the seamless development of projects.”

Qevan Quo, CTO of IoTex
Ankr remains committed to continued growth and laying the foundation for the sustainable development of a decentralized internet. With the introduction of new DePIN partners, Ankr looks forward to expanding its high-quality distributed network and invites interested parties to join this revolutionary journey.

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About Ankr

Ankr is an all-in-one Web3 developer hub that provides a full suite of tools to build Web3 apps and power them with powerful connections to over 46 blockchains, leveraging idle cloud computing resources worldwide. As the approved infrastructure partner for building dedicated L2 rollups and sidechains on ecosystems such as Optimism, zkSync, BNB Smart Chain, Polygon, and Avalanche, Ankr simplifies blockchain development for all use cases. a

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nkr creates new blockchains for projects while meeting all infrastructure and engineering requirements, such as validators, RPC nodes, block explorers, testnets, staking platforms and more, for fully customized blockchain solutions.

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