The Times Australia
Google AI
News From Asia

.

THXNET. Announce Strategic Partnership With Coinweb To Accelerate Blockchain Adoption For Web2 Enterprise.

TOKYO, JAPAN - Media OutReach Newswire - 19 March 2024 - THXNET., Japan's premier Web3 enabler and a leading Web3aaS Plug & Play Blockchain Network ecosystem innovator, is excited to announce its strategic partnership with Coinweb, a distinguished layer 2 interoperability platform.

This collaboration signifies a transformative leap in the development of Web3 ecosystems, leveraging THXNET.'s innovative Web3 solutions alongside Coinweb's powerful infrastructure. To support this integration, Coinweb Labs has extended its expertise, emphasizing the shared goal of enhancing interoperability and scalability across the blockchain sector.

Thxnet

The partnership introduces an array of advanced functionalities from Coinweb, such as Cross-Chain Token Issuance, Cross-Chain Routing, Optimized Load Balancing over multiple Layer 1 blockchains, Access to an Enhanced Wallet Library, Tailored Reactive Cross-Chain Smart Contracts, Gas Fee Abstraction and cost-savings through batching of transactions, and cross-chain transfers through Coinweb's PACT. These features promise to provide businesses and Web3 initiatives with unparalleled agility and operational efficiency.

"We are absolutely thrilled to partner with Coinweb, a seasoned and reputable enterprise in the blockchain industry. This collaboration represents a significant stride towards our shared vision of fostering innovation and scalability within the Web3 space." Said Aro Kondo, Co-Founder and CEO of THXNET.

"We are excited to announce our integration with THXNET.," stated Toby Gilbert, CEO of Coinweb. "This partnership represents a significant milestone in our journey to drive interoperability and scalability within the blockchain industry. By combining Coinweb's advanced infrastructure with THXNET'.s innovative Web3 solutions, we will be able to speed up the creation of a much more advanced ecosystem of Web2 businesses converting to Web3."

THXNET. boasts a proven track record of success, highlighted by the launch of its Layer 0 & Layer 1 Mainnet, the creation of over 136,000 unique wallets, the execution of 1.34 million transactions, partnerships with top-tier entities like Urawa Reds football club for NFT launches on its platform, and collaborations with more than 20 other partners. This demonstrates THXNET.'s capacity to drive the shift from Web2 to Web3.

This integration marks a pivotal moment for the Web3 community, fostering a spirit of collaboration and innovation among global users. The partnership will also encompass joint marketing campaigns, leveraging THXNET.'s strong community engagement and Coinweb's technological advancements.

Hashtag: #THXNET #COINWEB

The issuer is solely responsible for the content of this announcement.

About THXNET.

THXNET. is at the forefront of the Web3-as-a-Service (Web3aaS) Plug & Play Blockchain Infrastructure, aspiring to be Japan's leading Web3 ecosystem enabler. Specializing in seamless integration and cutting-edge solutions, THXNET. enables projects and enterprises to easily adopt blockchain technology, offering rapid deployment of dedicated Layer 1 blockchains and other Web3 services, facilitating cost reduction, scalability, and maximum security, even for developers new to blockchain. Visit:

About Coinweb

Coinweb stands as a leading layer 2 interoperability platform, transforming the cross-chain capabilities within the blockchain industry. Its innovative Layer 2 protocol enables seamless interactions between decentralized applications across various blockchains, enhancing interoperability and scalability within the Web3 ecosystem.

Visit:

About Coinweb Labs

Coinweb Labs is dedicated to designing and developing customized solutions for decentralized applications that interact with the Coinweb Protocol. With a focus on innovation and collaboration, Coinweb Labs aims to accelerate the growth of projects in the Coinweb ecosystem, driving forward the advancement of blockchain technology.

Visit:

Times Magazine

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

IPECS Phone System in 2026: The Future of Smart Business Communication

By 2026, business communication is no longer just about making and receiving calls. It’s about speed...

With Nvidia’s second-best AI chips headed for China, the US shifts priorities from security to trade

This week, US President Donald Trump approved previously banned exports[1] of Nvidia’s powerful ...

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

Australia’s supercomputers are falling behind – and it’s hurting our ability to adapt to climate change

As Earth continues to warm, Australia faces some important decisions. For example, where shou...

Australia’s electric vehicle surge — EVs and hybrids hit record levels

Australians are increasingly embracing electric and hybrid cars, with 2025 shaping up as the str...

The Times Features

How to beat the post-holiday blues

As the summer holidays come to an end, many Aussies will be dreading their return to work and st...

One Nation surges above Coalition in Newspoll as Labor still well ahead, in contrast with other polls

The aftermath of the Bondi terror attacks has brought about a shift in polling for the Albanese ...

The Fears Australians Have About Getting Involved With Cryptocurrency

Cryptocurrency is no longer a fringe topic. It is discussed in boardrooms, on trading apps, and at...

The Quintessential Australian Road Trip

Mallacoota to Coolangatta — places to stay and things to see There are few journeys that captur...

Fitstop Just Got a New Look - And It’s All About Power, Progress and Feeling Strong

Fitstop has unveiled a bold new brand look designed to match how its members actually train: strong...

What We Know About Zenless Zone Zero 2.6 So Far

Zenless Zone Zero is currently enjoying its 2.5 version update with new characters like Ye Shunguang...

For Young People, Life Is an All-New Adventure. For Older People, Memories of Good Times and Lost Friends Come to Mind

Life does not stand still. It moves forward relentlessly, but it does not move the same way for ...

Single and Ready to Mingle – the Coffee Trend Australians Can Expect in 2026

Single-origin coffee is expected to increase in popularity among coffee drinkers over the next 12 ...

The Evolution of Retail: From Bricks and Mortar to Online — What’s Next?

Retail has always been a mirror of society. As populations grew, cities formed, technology advan...