menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

51nodes Pa...
source image

TheNewsCrypto

1M

read

287

img
dot

Image Credit: TheNewsCrypto

51nodes Partners with World Mobile to Drive RWA Tokenization & DePIN Innovation

  • 51nodes partners with World Mobile to drive RWA tokenization and DePIN innovation by deploying decentralized physical infrastructure solutions and apps using blockchain technology.
  • The focus is on tokenizing data-based assets in Europe's industrial sector through a $5 million grant program funding fifty initiatives with up to $100,000 each.
  • 51nodes, a German company specializing in blockchain technology integration, will leverage World Mobile Chain to deploy decentralized solutions and apps for data-based tokenized assets in Europe.
  • The grant projects aim to enhance security, rating mechanisms, and streamline the commercialization of data, inventories, and financial assets across various industries.
  • Initiatives will establish tokenized asset frameworks while ensuring high security standards for partners in critical infrastructure sectors.
  • Joint efforts aim to automate industries with blockchain technology, introducing new financial and identification standards like stablecoins and digital corporate identity solutions.
  • The partnership seeks to expand the market for tokenized data by presenting practical reference models for secure data automation, efficient asset management, and streamlined financial operations.
  • World Mobile's DePIN network, based on blockchain technology, aims to make global connectivity more accessible through a sharing economy model, allowing individuals and communities to earn rewards by connecting networks.
  • World Mobile Chain, a Layer 3 blockchain, powers decentralized telecom and DePIN applications, supporting businesses, developers, and communities in building future-generation infrastructure.
  • The collaboration between 51nodes and World Mobile represents a significant step towards real-world asset tokenization and DePIN solutions, enhancing automation, data monetization, and asset transactions.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app