RATE Group | JPMorgan Veterans’ Kadena Launches Public Blockchain, Integrates Wallet to Cosmos Networ…
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JPMorgan Veterans’ Kadena Launches Public Blockchain, Integrates Wallet to Cosmos Networ…

16 Jan JPMorgan Veterans’ Kadena Launches Public Blockchain, Integrates Wallet to Cosmos Networ…

Posted at 00:25h in Ethereum News by

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Crypto startup Kadena’s public blockchain launched Wednesday, adding interoperable smart contract support between the public chain and its private chain counterparts. 

The Brooklyn-based offshoot of JPMorgan’s blockchain center announced the launch marks another step in its effort to develop scalable, secure proof-of-work alternatives to the current leading cryptocurrencies ethereum and bitcoin. As part of its efforts in interoperability, Kadena is also integrating its wallet Chainweaver with the Cosmos Network, allowing different blockchains to interact.

The integration process is expected to be complete by March. 

Using Kadena, individuals or businesses can begin looking at apps and projects that use “a fully-scalable base layer as a piece of public infrastructure” while maintaining privacy features to address any regulatory or other concerns, founder and CEO Stuart Popejoy told CoinDesk.

Public chains

Using an in-house smart contract language called Pact, Kadena said the…

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