Actual-world-asset tokenization blockchain MANTRA and decentralized knowledge infrastructure supplier Inveniam Capital Companions have introduced the launch of a brand new layer-2 blockchain.
Abstract
- MANTRA has launched its first layer 2 chain in collaboration with Inveniam.
- The L2 will energy the utilization and administration of business actual property knowledge.
- Inveniam Chain helps a number of blockchains together with Ethereum, Avalanche and Hedera.
Inveniam and MANTRA say the brand new layer 2 blockchain is purpose-built to advance the administration and utilization of personal actual property belongings.
The L2 targets the bogus intelligence and decentralized finance ecosystems and can energy the administration and utilization of business actual property knowledge. At the moment, the business actual property trade ranks as one of many lowest-frequency however most data-rich asset lessons on this planet.
The L2 is the primary on the MANTRA Chain and can assist deliver the $27 trillion personal CRE market to MANTRA (OM).
Tapping into Inveniam’s decentralized knowledge administration resolution will permit Inveniam Chain to construction, hash, and credential trillions of personal actual property knowledge factors. These proprietary knowledge factors feed into AI brokers, personal market indices, DeFi ecosystems, and data-sharing marketplaces.
“By combining MANTRA’s RWA-focused Layer 1 infrastructure with Inveniam’s deep experience in personal market knowledge, Inveniam Chain has the potential to redefine how belongings are tokenized, traded, and valued,” mentioned John Patrick Mullin, chief government officer and founding father of MANTRA.
Based on particulars, Inveniam Chain’s connection to AI brokers and DeFi permits it to behave as “the metachain for each digital instrument.”
The L2 helps belongings on MANTRA in addition to these traded digitally on main blockchain networks, together with Ripple, Avalanche, Hedera, ZK Sync and Ethereum.
A key milestone for Mantra
MANTRA’s announcement comes simply over a month for the reason that layer 1 platform activated key community upgrades.
In September, the RWA-focused platform launched its newest mainnet upgrades that noticed MANTRA turn out to be the primary blockchain protocol to natively assist each the Ethereum Digital Machine and CosmWasm good contracts.
One other key milestone is the platform’s registration as a Digital Asset Service Supplier within the United Arab Emirates. Particularly, the platform has a VASP license from Dubai’s Digital Property Regulatory Authority.
