We will work with KardiaChain to launch UTU’s trust infrastructure on their network and explore cross-chain capabilities.
Hello UTU Trust Guardians!
We are excited to announce that we have formed a partnership with KardiaChain to launch our trust infrastructure on their blockchain!
KardiaChain is the world’s first fully-interoperable and non-invasive blockchain platform. Their Dual Node technology has simultaneous access to the ledger data of KardiaChain and another blockchain of choice, allowing easy transfer of any data between blockchains while preserving the cryptographic proofs.
We will join KardiaChain’s partner ecosystem and collaborate on multiple fronts.
KardiaChain is building technology that will facilitate many use cases, such as decentralized ID, supply chain management, and many more. Developers who build these types of Dapps on KardiaChain can integrate UTU’s Trust API to identify the trustworthiness of users and entities. Our Trust API’s artificial intelligence engine will be able to analyze on- and off-chain data in real time to create data-driven trust scores.
KardiaChain is also building a robust finance ecosystem, spanning both DeFi and traditional finance. UTU’s trust and credit scoring technology can be integrated into DeFi and TradFi lending apps built on KardiaChain. Our AI-based models use on- and off-chain data to build more comprehensive and fair credit scores, allowing lenders to more accurately determine users’ creditworthiness.
Finally, we share a similar cross-chain vision, so we will explore ways to realize this interoperability using KardiaChain’s Dual Node technology. This may include making UTU tradeable on KardiaChain’s cross-chain decentralized exchange, and much more.
“We have always acknowledged the problem of trust issues when it comes to the crypto landscape as many still doubt the validity of decentralised platforms. Credit scoring is also another obstacle to tackle to gain trust from end users. We are happy to collab with UTU as the pioneering trust infrastructure will help us to up our game in KAI products mass adoption in the current DeFi movement.”
— Tri Pham, Co-Founder and CEO of KardiaChain
“We are impressed with the ecosystem that KardiaChain has built, and their successful recent mainnet launch. Their technology can be applied to a broad array of use cases, many of which can benefit from UTU’s trust infrastructure. We are excited to partner with KardiaChain to increase trust across multiple industries and accelerate cross-chain blockchain adoption.”
-Jason Eisen, Co-Founder and CEO of UTU
KardiaChain is a public blockchain platform focused on interoperability and providing hybrid blockchain solutions/infrastructure for enterprises and governments in Vietnam and other countries in South & East Asia. They are working with major services providers (enterprises and government) to decentralise their existing solutions. Our approach helps KardiaChain reach millions of users without the immense cost of educating the market. Our Dual Node technology allows cross-chain communications between any public and/or private blockchain regardless of protocol. This provides easy-to-adopt solutions for institutional clients.
The platform relies on a native token, KAI, which is used for staking, transaction fees, participating in services and deploying smart contracts. KardiaChain was first announced in October 2018, and its mainnet went live in December 2020.
UTU’s mission is to become the trust infrastructure of the entire internet, replacing anonymous star ratings, reviews, and scores as the de facto trust mechanisms of our digital lives. We do this in service of our vision — to bridge the gap between how we trust in real life and how we are asked to trust online to make the internet a safer, more trusted place to gather, share, work, and trade. We are proudly based in Nairobi, Kenya.