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NBTC News
DeFi

Zilliqa Collaborates with Brillion to Improve Real-World Asset Tokenization, Bridging Traditional Finance and DeFi

NBTCBy NBTC01/08/2024No Comments2 Mins Read

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Zilliqa has announced a collaboration with Brillion to improve real-world asset tokenization, bringing traditional banking closer to the world of decentralized finance (DeFi). The collaboration is expected to provide a secure and accessible solution for real-world assets, in line with Zilliqa’s goal of creating an easy-to-use blockchain, especially with the upcoming Zilliqa 2.0.

Brillion, a multi-chain smart wallet, aims to bridge the gap between traditional banking and DeFi. It provides a B2C wallet for retail investors, as well as a B2B Wallet-as-a-Service (WaaS) platform with a full suite of tools for blockchain protocols and decentralized applications (dApps). Brillion’s B2B WaaS platform will act as a trusted partner for Zilliqa’s wallet, with an initial focus on providing network requirements for enterprise-scale real-world asset tokenization.

In addition, this strategic alliance will explore how Brillion’s solutions can complement metaverse projects developed in the Zilliqa ecosystem. Integrating Brillion’s technology into the Zilliqa network ensures that the ecosystem is ready for advanced financial applications powered by real-world assets. Zilliqa is participating in Brillion’s Early Adopter Program (EAP), which gives it early access to the platform’s features and capabilities, as well as providing important insights and feedback. This allows Brillion to build a comprehensive platform customized for the requirements of Layer 1 and Layer 2 networks, as well as dApps.

Image: Binance Academy

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