The latest announcement of Binance crypto exchange reveals that its official trust wallet formed a strategic partnership with global blockchain ecosystem, Celer Network to help increase the user experience on dApp (Decentralized applications).
Binance Trust Wallet to Bring Layer-2 Scaling Network for Better dApps
Per the official updates, released on April 09, 2019, Trust wallet has entered into strategic partnership with Celer network mainly to help dApp developers create ‘seamless integrations and build fluid interactions’. Moreover, it aims at enhancing the dApp user experience of industry at large. It reads that;
Trust Wallet and Celer Network will work on providing seamless integrations and fluid interactions and user experiences for decentralized applications, or dApps.
Consequent to the announcement, Trust wallet will integrate Celer Network’s solutions. Accordingly, the wallet will use Celer Network’s layer-2 scaling network which enables all trust wallet users to instantly send ETH and other ERC-20 tokens, stablecoins with zero latency.
Celer Network primarily helps developers and companies with its layer-2 scaling platform to build, operate and utilize dApps along with low cost and quick blockchain transactions. Following the partnership announcement; Celer CEO Mo Dong said that;
“Together, we will ambitiously evangelize blockchain applications to the masses through our technical abilities and advancements, and strongly supported entrepreneurship.”
Connecting the similar view, Trust Wallet founder Viktor Radchenko, expressed his excitement to bring Celer’s layer-2 scaling solutions. He said that;
“We are integrating Celer Network’s solution to Trust Wallet to help unlock the larger potential of blockchain technology for real-world use cases from financial solutions to gaming apps with its matched level of experiences on centralized applications,”
At the moment, the Trust wallet’s new partnership is solely focusing on dApps and later the scope will widen across ‘interactive gaming, microinsurance, pay-per-use services, non-custodial financial assets exchanges, and decentralized derivative exchanges, binance confirmed.
What’s your stake on Binance trust wallet’s attempt to boost dApps better with the new partnership? Let us know in the comment below.