Wednesday, April 24, 2024
Outlook.com
Outlook India
Outlook Business

Zeeve Partners With Coreum Blockchain For Deployment of Decentralised Apps, DeFi

Zeeve will automate running a validator node on Coreum to maximise bed yields while mitigating performance-related risks

Zeeve Partners With Coreum Blockchain For Deployment of Decentralised Apps, DeFi

Outlook Start-Up Desk

POSTED ON April 20, 2023 4:19 PM

Zeeve, a platform for institutional staking and managed blockchain infrastructure, has announced a partnership with Coreum Blockchain, enabling users to deploy validator nodes on recently announced Coreum Mainnet with just a few clicks.

Coreum, a blockchain designed for enterprise use cases, recently launched its Mainnet to the public on March 24, 2023, after months of rigorous testing and development.

Under this partnership, Zeeve has integrated Coreum staking nodes on its platform, allowing institutions and individual investors to easily participate in the network as validators for maximised yields and also contribute to the security and decentralisation of the blockchain.

Zeeve’s automated node deployment, coupled with no-code APIs, remove the need for complex development, expanding the universe of businesses that can capitalise on the many benefits of blockchain.

“We're excited to support Coreum's Mainnet launch by providing a no-code deployment process for validator nodes,” said Dr. Ravi Chamria, co-founder and CEO (chief executive officer) of Zeeve.

"Anyone with the required minimum stake can use our non-custodial platform for automated deployment of validator nodes with a few clicks while mitigating any performance-related risks. Zeeve offers institution-grade staking nodes with guaranteed uptime and security. By removing the technical barriers to entry, we aim to encourage more users to participate in the consensus of Coreum and contribute to its growth,” he added.

“Zeeve was one of the first Coreum ecosystem partners, and we could not be more thrilled to have the project officially going live with Coreum Mainnet. Accessibility and reliability are both fundamental for companies to adopt blockchain solutions, and Zeeve provides uninterrupted access to Coreum, making it as easy as possible to run a validator node and reap the benefits of the ecosystem while contributing to network security,” observed Bob Ras, co-creator of Coreum.

Apart from validator nodes, Zeeve also provides access to full nodes and elastic APIs for Coreum, creating a well-rounded offering for various participants in the blockchain ecosystem. As a prominent player in the Web3 infrastructure space, Zeeve has deployed over 4000 nodes across 40 protocols, demonstrating their expertise and dedication to the industry. 

“Our platform offers a single point-of-control for detailed monitoring of node performance, staking info and blockchain-level parameters for Coreum, with proactive alerts and notifications to ensure smooth network operations. We believe that our combination of no-code deployment, in-depth analytics and a unified dashboard make Zeeve a standout option for businesses and developers looking to deploy and manage validator nodes on Coreum," said Ghan Vashishtha, co-founder and CTO (chief technology officer) of Zeeve. 

In June last year, Zeeve raised $2.65 Million from Leo Capital and Blu Ventures in a seed round. The start-up aims to accelerate the global adoption of blockchain technology, mitigating the cost and infrastructure-related challenges pertaining to its mass adoption. So far, Zeeve has over 25,000 enterprises and developers using its platform for deploying, monitoring and scaling their Web3 products and services.

  • Related Articles

    The team will enable InsuranceDekho to strengthen its distribution network, deepening its penetration into the crucial insurance market of western India

    InsuranceDekho Onboards IRSS Founder Kuldeep Trivedi And Team

    Through this campaign, AlgoBharat aims to deploy blockchain-based solutions to empower more climate entrepreneurs and enable better access to carbon credit markets

    AlgoBharat Bolsters Indian Presence with Campaign for Sustainable Web3 Solutions

    The preference shares are proposed to be acquired at Rs 89.81 per equity share, taking the transaction value to Rs 1.49 crore

    HDFC Capital To Hike Stake In PropTech Start-Up Reloy