HomeBlockchainLisk to Drive Blockchain Adoption in Emerging Markets with Mandatory Deployment

Lisk to Drive Blockchain Adoption in Emerging Markets with Mandatory Deployment

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Lisk and Obligate Collaborate to Enhance Access to Decentralized Financial Services

Lisk, a leading Layer 2 solution within the Optimism Superchain, has made a groundbreaking announcement regarding its partnership with Obligate, a Swiss-based on-chain capital markets platform known for its innovative blockchain-based financial services. The collaboration aims to revolutionize access to decentralized financial services in emerging markets.

Obligate will leverage Lisk L2’s network, renowned for its efficiency, speed, and scalability secured by Ethereum within the Optimism Superchain. By deploying an instance on Lisk, Obligate seeks to provide more accessible capital solutions to businesses in emerging markets, bypassing the challenges and high costs associated with traditional banking intermediaries.

Dominic Schwenter, CPO of Lisk, expressed his excitement about the integration, emphasizing Lisk’s commitment to solving real-world problems in emerging markets. The partnership with Obligate not only promotes financial inclusion but also pioneers advanced solutions for real-world assets and off-chain assets, marking a significant step towards introducing more people to the Web3 ecosystem.

Benedikt Schuppli, co-founder of Obligate, highlighted the alignment between Lisk L2’s design and Obligate’s mission to offer secure and regulated blockchain solutions. The collaboration aims to provide robust, efficient, and transparent financial options to regions in need, ultimately driving positive impacts through joint efforts.

The deployment of Obligate on Lisk L2 holds great potential for facilitating access to real-world assets and fostering economic growth and stability. Leveraging Lisk L2’s technological strengths, including enhanced scalability and user experience, the collaboration is poised to bring blockchain solutions to markets with varying degrees of technological infrastructure.

Both Lisk and Obligate are committed to driving institutional adoption in on-chain capital markets and democratizing blockchain accessibility for developers and end users globally. The partnership signifies a significant step towards revolutionizing financial services in emerging markets and advancing the adoption of blockchain technology on a global scale.

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