Zeeve and Binary Holdings partner to improve Web3 accessibility in telecommunications

Zeeve has partnered with The Binary Holdings (TBH) to serve as a rollup-as-a-service provider for TBH’s new L2 rollup chain leveraging Optimism’s OP stack. This collaboration aims to simplify Web3 integration within the telecom sector to accommodate the next billion users.

With a user base of over 40 million, The Binary Holdings is a leading Web3 infrastructure provider for a variety of sectors including telecom, BFSI, gaming and eWallet services, primarily in emerging markets.

Binary Holdings selected Optimism’s OP stack for its Ethereum compatibility and developer-friendly environment that simplifies the integration of decentralized applications (dApps). This selection is set to improve the efficiency of services that are critical to the growth of Web3 technology in the telecommunications industry by leveraging the scalability and operational cost savings that Optimism offers.

Zeeve’s role in this partnership will focus on providing a robust suite of tools and integrations that facilitate the seamless deployment, management, and operation of TBH OP StackChain. It includes a specialized RaaS dashboard designed for efficient monitoring and operations, and a set of custom tools such as a custom explorer TraceHawk, a user interface for bridges, and a faucet for test networks.

The partnership also highlights several key features to optimize the performance and security of the TBH L2 chain. This includes a fast and compliant setup process, enterprise-level security measures compliant with ISO 27001, SOC 2 and GDPR standards, a dedicated monitoring system with proactive alerts, and 24/7 support backed by a 99.9% uptime SLA. .

Sankalp Sharma, co-founder and VP of Engineering at Zeeve, said: “Binary Holdings is joining a growing number of ambitious projects being built on Zeeve RaaS. We are pleased to support their vision to pioneer new Web3 solutions in the telecommunications sector.”

Manit Parikh, CEO of The Binary Holdings, emphasized the importance of integrating Optimistic Rollup technology to provide scalable and cost-effective services.

“With Zeeve’s powerful tools and support, L2 Chain deployments take $BNRY’s utility to a new level by ensuring smooth operations, compliance, and security,” Parikh said.

Additionally, the partnership is set to enhance the utility of TBH’s native gas token, $BNRY, fostering a vibrant native economy and lowering the barriers for telecom companies to adopt Web3 capabilities.

“TBH supports a smoother Web3 transition for telcos by providing an infrastructure that supports high transaction throughput at a low cost, fostering innovation opportunities, increased user engagement, improved security, and decentralized services,” the company said in a statement to AlexaBlockchain. It was stated in a statement shared with . .

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