The world of cryptocurrency continues to make positive media headlines over the past few weeks. Chain Inc, a company well-known for their blockchain network development solutions, has partnered with IC3. The Initiative for Cryptocurrency and Contracts is a powerful ally for Chain, as this will eventually lead to building robust and interoperable software to meet the scaling demands of the financial sector.
Chain Steps up Their Blockchain Development Game
Building a scalable blockchain solution is not as easy as some parties may think it is. Chain, while having plenty of experience when it comes to building blockchain networks, has found a valuable partner in IC3. Together, these two entities will focus on scalability that can compete with existing payment systems.
IC3 is an initiative run by several universities across the US – including Cornell and Berkeley – as well as the Technion. Its primary purpose is to advancing blockchain development by combining different areas of expertise. Participants and developers have multiple years of experience in distributed systems, programming languages, game theory, and, of course, cryptography.
IC3 Co-director Professor Emin Gun Sirer told the media: