Cryptocurrencies

Boba Network Partners With Cere to Leverage Decentralized Data Cloud

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Written By: Michael Abadha
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    Summary:
  • Boba Network has partnered with Decentralized Data Cloud platform, Cere Network to leverage its infrastructure.. What are the implications?

Boba Network, the Ethereum Layer 2 scaling solutions platform, has partnered with Cere Network. The partnership will enable Boba Network to connect to Cere’s Decentralized Data Cloud (DDC). Also, it will see Bobo Network users gain access to Cere Network’s Cere Freeport platform. Consequently, Cere Freeport’s NFT solutions suite and a secure digital assets vault will benefit developers. As part of the DDC, Bobo Network’s users will also gain

  • Gated access to data.
  • Location restrictions (which may limit where data hosting can take place)
  • Data replication and high availability backed by SLA.

On the NFT front, Bobo Network will gain from Cere Freeport’s standout capabilities in minting NFTs. They include support for Full Data Encryption, Web 2 and/or Web 3 user log-in, End-to-End identity management and access control to NFT-backed assets. The Cere DDC boasts of being the world’s first storage solution that leverages blockchain technology to capture user/app/NFT asset interactions. Furthermore, these interactions have a high level of security and integrity because each is encrypted and individually signed.  

Commenting on the partnership, Fred Jin, Co-Founder of Cere Network, stated that by using Cere Freeport, Boba users would be able to access NFT-powered products and services with greater ease. “By leveraging Cere’s DDC, Boba network’s users will get important tool kits to secure their NFTs and will easily be able to access and share their assets for generations to come”, he added.

About Boba Network

Boba Network is an advanced Ethereum Layer 2 Optimistic Rollup (ORU) scaling solution. By increasing transaction throughput multi-fold and reducing gas fees, its ORU is able to offer an enhanced smart contract experience. Also, it employs its proprietary Turing hybrid technology to help developers on the Ethereum ecosystem build dApps. Notably, these dApps can trigger codes that are executable on web-scale infrastructure like AWS Lambda.

About Cere Network

Cere Network is a Decentralized Data Cloud (DDC) platform that boasts of being the first to be on substrate and Polygon. It is the first Web3 project to enable decentralized, trustless cloud-based data storage, integration, and collaboration across different blockchains. Also, these capabilities cut across Web3 NFT, metaverse, and gaming.

This post was last modified on Mar 25, 2022, 14:00 GMT 14:00

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha