Today, Apron Network is proud to announce its partnership with Konomi. Via this technical partnership, Konomi will be able to fully utilize Apron’s decentralized infrastructure service network, further decentralizing and optimizing Konomi’s node performance.
Centralization is the bane of the blockchain industry, as it usually leads to increasing fees, profit-skimming, lack of access, and a litany of other issues. Decentralization is the future and what we provide is simply better than centralized ones. Through this collaboration, Apron will continue improve its product and provide decentralized platform service infrastructure for Konomi. This will spread out the network’s validating parties responsible for Konomi’s upkeep, democratizing access and limiting the infrastructure’s concentration by introducing more distributed servers. This should empower the users of Konomi’s money market protocol, as there is no singular weak point for hackers or malicious parties to try and exploit or shut down.
Konomi utilizes Polkadot’s cross-chain capabilities to introduce a blockchain-agnostic decentralized money market protocol for any digital asset. This platform will allow for seamless accessibility to liquidity for any blockchain protocol, with Polkadot used as the base chain to host all transactions. This introduction is meant to improve base layer performance throughout different networks and tradable assets, as well as promotes interoperability between existing DeFi projects. As the blockchain industry begins to focus more on interoperability, a major factor necessary to unlock the full potential value that blockchain technology enables, projects like Konomi are establishing the infrastructure for a usable liquidity highway.
About Apron Network
Apron is a decentralized platform for DApp developers, DApp users, and infrastructure operators with a decentralized network based on blockchain technology infrastructure services. It is developed by Substrate and can be operated as a parachian of Polkadot/Kusama. Apron will also connect to multiple public chains such as Ethereum, BSC, Filecoin, and Helium, including Layer 2. Provide developers with low-cost multiple blockchain ecological infrastructure services.