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HeLa Labs, a Singapore-based hi-tech firm, has on Tuesday introduced the official launch of a next-generation layer one blockchain community with privacy-preserving and consensus protocols for real-world adoption.
HeLa Labs stated in a press release that the launch of the stablecoin-powered layer one blockchain is a collaboration between HeLa Labs and A*STAR’s Institute of Excessive Efficiency Computing (IHPC).
It combines IHPC’s experience in constructing privacy-preserving modular blockchains with decentralised identities, with HeLa Lab’s experience in each the fintech sector and the blockchain business, in keeping with the assertion.
“Our intention is to deliver real-world adoption advantages to all industries, empowering them to leverage the ability of our layer one blockchain,” HeLa Labs Co-Founder Kerching Choo stated.
“Whereas we’re specializing in growing a strong and safe layer one chain, we’re additionally dedicated to eco-friendly chain growth,
“HeLa Labs is devoted to lowering its carbon footprint and selling a greener future whereas persevering with to drive innovation within the blockchain business,” he added.
By leveraging the ability of blockchain expertise and stablecoin integration, the HeLa Community opens up new potentialities for companies and people looking for safe and environment friendly transactions.
With its concentrate on real-world adoption, HeLa Labs will create tangible worth for industries throughout the globe.
Within the coming weeks, HeLa Labs stated it can actively increase its ecosystem together with its grant program, forging strategic partnerships with business leaders, builders, and fanatics to foster a vibrant group centered across the layer one chain community.
Its thrilling initiatives equivalent to hackathons, webinars, and developer applications are already underway, offering helpful alternatives for collaboration and progress throughout the HeLa Labs ecosystem.
HeLa Labs is a dynamic workforce of modern builders, engineers, and designers devoted to constructing transformative expertise that drives the adoption of Web3.
Its aim is to construct a safe layer 1 blockchain for real-world adoption.
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