Ankr Bolsters Web3 with Expansion of DePIN Network and Introduction of New Partners

Ankr Bolsters Web3 with Expansion of DePIN Network and Introduction of New Partners - Corporate Press Release - News

San Francisco, California, March 14th, 2024

In an unprecedented development for the blockchain industry, Ankr – a pioneer in the field of Decentralized Physical Infrastructure Networks (DePIN) – is thrilled to announce an ambitious expansion of its network through strategic partnerships with leading Ultra Sound Infrastructure providers. This expansion aims to redefine the standards of a decentralized Web3 infrastructure, solidifying Ankr’s position as a trailblazer in leveraging idle cloud computing resources to support blockchain ecosystems.

Ankr: Pioneering DePIN for a More Efficient Web3 Infrastructure

Since its inception in 2017, Ankr has distinguished itself as the first DePIN in the blockchain space. By utilizing an innovative approach to democratize the internet and pave the way for a more resilient and efficient Web3 infrastructure, Ankr has made significant strides in enhancing performance and decentralization. Today, Ankr’s commitment to providing increased node availability, access to high-performance archive nodes, and extended geographic coverage to address gaps in node resources brings forth a suite of benefits for the blockchain community.

Expanding the Horizons: Strategic Partnerships with Leading Ultra Sound Infrastructure Providers

“As pioneers in the DePIN landscape, we’re excited to expand the availability of high-performance decentralized nodes through our Ultra Sound Infrastructure network,” said Stanley Wu, Co-founder and CTO of Ankr. “Looking ahead, we will continue to develop a cohesive DePIN experience for all network participants.”

The addition of seven new providers – IoTex, Gateway, Storj, Clover, Tencent Cloud, Mind Heart Soul, and Ankr Labs – signifies a significant leap forward in the decentralization of Ankr’s network. This expansion not only strengthens the infrastructure but also broadens support for on-chain ai and various innovative use cases, demonstrating Ankr’s dedication to meeting the evolving needs of the blockchain community.

Empowering Web3 Applications: A Robust Network of Nodes

Ankr’s DePIN is instrumental in serving the vast and growing needs of the Web3 ecosystem, facilitating seamless interactions between decentralized applications (dApps), developers, and enterprises across various blockchains. Through its robust network of nodes, Ankr ensures reliable performance for transactions, wallet balance queries, and smart contract executions via RPC (Remote Procedure Call) requests. With partnerships with major cloud providers like Tencent Cloud, Ankr enhances core RPC services and offers unmatched speed, reliability, and efficiency across the network.

Amplifying Performance: Unprecedented Benefits for Ankr’s RPC Service Customers

This expansion guarantees amplified performance for Ankr’s RPC service customers, offering:

  • Increased accessibility of nodes to serve RPC traffic
  • Utilization of high-performance archive nodes
  • Filling geographic gaps in node resources for broader coverage
  • Unmatched speed, reliability, and efficiency across the network

Powering On-Chain ai: A Pivotal Role in Facilitating Predictive Analytics and Decision Making

Moreover, Ankr’s infrastructure plays a pivotal role in supporting on-chain ai by providing high-performance computing, data availability and integrity, and ensuring decentralization and privacy. This facilitates ai applications in predictive analytics, automated decision-making, and natural language processing directly on the blockchain.

A Global Node Infrastructure: Supporting a Wide Range of Use Cases

Beyond ai, Ankr’s global node infrastructure supports a wide range of use cases, from Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) to gaming, metaverse experiences, and Decentralized Autonomous Organizations (DAOs).

The ANKR Token: Solidifying Its Role in Web3 Operations

The ANKR token, integral to the Ultra Sound Infrastructure program, sees expanded utility as the exclusive payment method for accessing the highest tier of infrastructure, including archive nodes. This enhancement solidifies the ANKR token’s critical role in Web3 operations, acting as a “gas” payment for multi-chain infrastructure and providing a gateway to the highest-quality Web3 infrastructure.

Joining the Revolution: The Next Phase of Ankr’s Global Infrastructure Expansion

With these strategic partnerships, Ankr embarks on the next phase of its global infrastructure expansion, aiming to further decentralize the web and make high-quality, distributed network resources universally accessible. This initiative not only extends Ankr’s reach but also calls upon stakeholders across the web3 space to contribute to building a decentralized, secure, and efficient digital future.

About Ankr

Ankr is an all-in-one Web3 developer hub that provides a full suite of tools to build Web3 apps and power them with high-performance connections to 46+ blockchains, leveraging idle cloud computing resources globally. As the approved infrastructure partner for building dedicated L2 rollups and sidechains on ecosystems like Optimism, zkSync, BNB Smart Chain, polygon, and Avalanche, Ankr simplifies blockchain development for all use cases. Ankr creates new blockchains for projects while satisfying every requirement for infrastructure and engineering, such as validators, RPC nodes, block explorers, testnets, staking platforms, and more, for completely custom blockchain solutions.

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