PARTNERSHIP: Web3 started with Bitcoin and pizzas and retail but is already heading towards institutional use cases.
But blockchain wasn't designed to scale for institutions. Currently proposed solutions that scale better do so at the expense of less privacy. Many businesses are not up for this compromise.
This is where @u2u_xyz steps in.
U2U Network is a blockchain platform focused on providing scalability solutions, particularly for DePin. These folks are developing an interface that bridges blockchain technology to everyday innovation, encompassing areas such as privacy, computing, hardware, and connectivity.
Why is U2U Network a big deal, then?
Because as of 2024, over 650 DePIN projects span sub-sectors like computing, AI, and decentralized storage, with a combined market capitalization exceeding $25 billion and generating over $30 million in annualized on-chain revenue.
U2U Network is Vietnam-based, and guess what: Vietnam has just become the first country to introduce a standalone law for the digital tech industry, which legalizes digital assets starting January 1, 2026. And SSID, the digital arm of Vietnam’s leading financial giant SSI Securities Corporation, has led U2U Network's Series A fundraise.
Coincidence?
Know more on https://t.co/LIBqAUnJgT and tune in to their segment in today’s @Crypto_TownHall Space at 10:15 am EST.
Disclaimer: This content was produced in collaboration with the client and is intended for informational purposes only. It does not constitute financial or investment advice. Always conduct your own research before making any financial decisions, especially in highly volatile markets like crypto.