These 7 Altcoins Announced New Partnerships: Here are the Details!

As the altcoin market prepares to price the economic data, new partnership news came from VeChain, SPACE ID, ENS and Chainlink...
 These 7 Altcoins Announced New Partnerships: Here are the Details!
READING NOW These 7 Altcoins Announced New Partnerships: Here are the Details!

As the altcoin market prepares to price the key economic data of the week, new partnership news came from VeChain, SPACE ID, ENS and Chainlink…

Oasis Network (ROSE) and Covalent (CQT) announce API partnership

Covalent and Oasis Network collaborate to provide better data access for developers. Accordingly, Covalent will use the powerful tools in the Unified API to provide data access to Oasis Sapphire developers.

This will enable Web3 developers to more easily design trusted dApps on EVM-compatible Sapphire with full historical data access that gives users control over their own information.

About the partnership, Ganesh Swami, Covalent co-founder and CEO, said, “Our partnership with Oasis Sapphire opens up endless possibilities for developers and users. Developers can now easily create reliable dApps. Also, users will have full control of their data in a decentralized world. This is a game-changing moment for our entire industry.”

Disney collaborates with this altcoin for new Star Wars crypto toys

Cryptoys, in partnership with Disney, announced that it will sell new toys after the three most iconic characters of the Star-Wars franchise. Cryptoys, backed by Andreessen Horowitz, Mattel and Dapper Labs, said it will release “15 limited edition Luke Skywalker, Princess Leia and Darth Vader collectible digital toys.”

VeChain collaborates with billion-dollar company BCWGlobal

In another news, VeChain announced that it has partnered with BCWGlobal. The partnership will focus on using Blockchain technology to promote transparency, traceability and environmental responsibility in supply chains.

One of the key focus areas of the partnership is environmental responsibility. VeChain’s Blockchain platform is used to track the carbon footprint of products. Therefore, it will enable businesses to identify areas where they will reduce their environmental impact and make more efficient decisions. Additionally, the partnership will explore the use of Blockchain technology to promote ethical working practices in supply chains.

SPACE ID collaborates with ENS

Web3 domain and identity platform SPACE ID has reached a collaboration with Ethereum domain service ENS. Altcoin projects will thus provide mutual solutions for .bnb.eth and .eth.bnb. The official announcement also included future development activities.

Now it’s possible to type xxx.bnb.eth in MetaMask and suck into your BNBChain address on Ethereum.

Deloitte announces partnership with this altcoin

Global accounting firm Deloitte has partnered with a parachain project in the Polkadot ecosystem. The move will enable the firm to develop digital identification protocols. According to the announcement, Deloitte will leverage KILT’s reusable digital credentials to support KYC (know your customer) processes.

As Kriptokoin.com, we have included the usage areas of KILT Protocol for Deloitte in this article. The KILT price rose in double digits shortly after the partnership emerged.

Chainlink works with Amazon

In the latest announcement, Chainlink announced its partnership with Amazon Web Services (AWS), an Amazon-owned company. The Chainlink team says the main purpose of the partnership is to build the framework for Web3 specifically.

The collaboration will make it possible for people who want to join the Chainlink ecosystem as node operators or data providers to start connecting to their Blockchain quickly (rather than taking weeks or months). This significantly reduces technical barriers.

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