EMURGO, a blockchain technology company known for its role in driving Cardano adoption, has announced a major partnership with Zilliqa Group. Zilliqa, a Web3 and metaverse venture developer, specializes in powering the luxury and entertainment sectors using cutting-edge Web3 technologies, including its proprietary Zilliqa blockchain.
The collaboration between EMURGO and Zilliqa Group goes beyond improving network interoperability. Both companies emphasize the need to improve the security of their networks by developing more robust and interoperable liquidity channels. The goal is to provide a seamless user experience for developers and users in the Cardano and Zilliqa ecosystems.
Zilliqa integrates several Web3 tools offered by EMURGO, such as stablecoins and headless wallet development. These tools will facilitate the tokenization of assets on Zilliqa, adding more usability to the platform. A key element of this partnership is Zilliqa’s participation in the Cardano governance initiative through Intersect, a community-led initiative. Zilliqa will help shape the governance of the Cardano ecosystem by actively participating in Intersect’s decision-making processes. This move will allow Zilliqa to influence how Cardano’s community-driven governance model evolves.
Image: Binance Academy
