Eni, a ZK-coprocessor Layer-1 blockchain network, announced a strategic partnership with Dango Planet, an AI-driven cross-chain swap platform.
Eni is a ZK-coprocessor Layer-1 blockchain network designed for multipurpose and specialized Web2 and Web3 computing. On the other hand, Dango Planet is an AI-driven decentralized asset exchange platform allowing users to transfer assets across various blockchains.
The two firms have created a strategic collaboration to advance decentralized applications in the Web3 landscape. The alliance aims to build AI-driven on-chain products, engage users, and advance the ecosystem.
By fusing Eni’s high-throughput blockchain infrastructure with Dango Planet’s AI-driven cross-chain network, the two firms want to empower a broader variety of developers and innovators to build AI-driven applications and offerings in the Web3 ecosystem.
The Role of Eni in This Partnership
This collaboration involves Dango Planet integrating Eni’s fast-processing blockchain infrastructure into its intelligent, multi-chain DeFi network.
This means Dango Planet uses Eni’s fast and efficient blockchain network to power the execution of rapid, safe, and affordable asset movements between various chains.
Eni’s ZK (Zero Knowledge) coprocessor will help improve privacy and responsiveness for Dango Planet’s transactions, enabling seamless and trustless execution of swaps. Also, Eni’s multipurpose computing proficiencies will enable Dango Planet to operate more sophisticated AI algorithms on-chain, enhancing swap routes and detecting market inefficiencies with higher efficiency.
With this alliance, the combined networks will create a solid foundation for developers and innovators to develop more sophisticated and engaging DApps, gameFi products, and virtual world applications. This will help connect advanced solutions with cultural expression in the immersive online world.
How Eni and Dango Planet are Building DeFi
This alliance between the two firms is important for the efficiency of the wider Web3 landscape.
By integrating Eni’s ZK’s fast-processing blockchain network and Dango Planet’s AI-powered network, this alliance will enable more efficient and rapid cross-chain asset movements across the Web3 world. This will help decrease friction within interoperable DeFi ecosystems and enhance user experience, making the decentralized world more convenient and easily accessible.
Secondly, the partnership aims to improve interoperability and liquidity within the Web3 space. A high-speed blockchain (like Eni) combined with a seamless multi-chain swap network (like Dango Plant) is set to create stronger liquidity across various ecosystems in the decentralized space. This develops genuine composability, enabling data and assets to move seamlessly, which is essential for the development and maturity of the cross-chain decentralized world.
Lastly, the alliance advances a greater fusion of artificial intelligence in DeFi. This collaboration showcases a rising trend of incorporating artificial intelligence into DApps. Dango Planet’s AI proficiencies, driven by Eni’s blockchain infrastructure, will further contribute to more optimized, intelligent, and flexible DeFi projects, providing advanced products and decreased friction for users.
