Klaytn, a modular public blockchain, has announced to collaborate with the blockchain infrastructure company Parity. Technologies to work for a greater cause together. Primarily, it is going to help Parity Technologies in becoming a blockchain famous for the gaming world and universal Metaverse projects.
Klaytn, which was developed by Kakao Corporation, is a master in satisfying customers who are enthusiastic about Metaverse whether to build it or play on it. Parity has also earned a good name in the market by developing Polkadot. Together, Parity and Klaytn are perfect ingredients to create a multi-chain environment full of opportunities.
About The Project
Parity is going to bring its native software development kit (Substrate) to the spotlight through this collaboration. The project will be referred to as ‘Klaytn-Substrate’ as it would be a Klaytn chain built on Substrate. In the beginning, the chain will serve as an alternate implementation of the Klaytn specification separate from the main chain. Later on, Klaytn-Substrate will be interlinked with Polkadot and Klaytn main net as well to team up for technological and business initiatives for collective benefits.
Persuasion
Klaytn Foundation head of global adoption, David Shin, has said that the affiliation with Parity Technologies is in continuation of the company’s dream of creating a synergetic blockchain platform for the Metaverse. He further said that this collaboration is going to open new prospects for the development of decentralized apps (dApps).
The Vice President of Parity Technologies, Omar Elassar also seemed very optimistic about this collaboration as he was spotted saying that they (his team) are eager to work with Klaytn to facilitate it in its journey towards becoming a key player in the Metaverse. Klaytn management understands that substrate is the exquisite software development kit (SDK) for use in technology and business-related application.
Keeping in view their remarks, it can be induced that Substrate is not only going to provide a custom-built blockchain but it is also going to share its experience with it which is its greatest advantage. Klaytn-Substrate is going to act as an operational blockchain for Klaytn to securely, adeptly, and swiftly capture new use cases and technologies to furnish more usability to the community.
The collaboration will be extended for dApps development as well after its formal launch. By working together, they will launch more enterprises on Klaytn-Substrate to attract more entities for the creation of an operational business ecosystem.
