Latest news with #RPC
Yahoo
5 hours ago
- Business
- Yahoo
Fireblocks Selects Lava Network to Deliver Unified Multi-chain Enterprise-Grade Blockchain Performance with Mission-critical Uptime
TEL AVIV, Israel, July 2, 2025 /PRNewswire/ -- Lava Network, the blockchain infrastructure platform powering highly available data access and universal coverage across tier-1 chains, has announced its collaboration with Fireblocks, the leading digital asset platform enabling secure blockchain infrastructure. Fireblocks has integrated Lava's Smart Router to provide secure, vendor-agnostic RPC access that delivers mission-critical uptime to over 2,000 institutional customers. Fireblocks supports over 100 blockchains, serving high-volume institutional customers who require highly available blockchain data access. Even the slightest improvement in RPC infrastructure uptime can dramatically impact trade volume, user trust, and performance. To address the growing demand for highly available blockchain data access with universal coverage, Fireblocks integrated Lava's Smart Router. This robust infrastructure layer aggregates multiple RPC network providers by autonomously optimizing requests to the fastest and most reliable node provider without replacing existing RPC infrastructure vendors. With built-in failover, error recovery, dual caching, and observability tools, the Smart Router helps Fireblocks set a new industry standard for high-volume multi-chain trading. "Lava's Smart Router has improved our ability to deliver optimized and reliable blockchain access for our users," said Pavel Berengoltz, Co-Founder and CTO at Fireblocks. "It's enabled our teams to focus more on innovation and less on managing node-level infrastructure." "This integration is a validation of the infrastructure layer we've been building since day one," said Yair Cleper, CEO at Magma Devs and Lava Network contributor. "Enterprises like Fireblocks need performance, reliability, and flexibility - and that's exactly what Lava delivers." The Lava x Fireblocks case study is now live: About LavaLava Network is a decentralized, modular protocol designed for fast, reliable blockchain data access. It serves as an open RPC (Remote Procedure Call) and API marketplace, enabling dApps, developers, AI agents, and enterprises to connect with any high-quality provider across any chain. By delivering unified, multi-vendor, blockchain data access, Lava Network enables institutions to build and scale blockchain data infrastructure, while supporting the high availability and low latency requirements of enterprise customers. Lava Network's blockchain allows ecosystem stakeholders to participate in and benefit from decentralized RPC services, providing access to permissionless, high-performance blockchain data infrastructure. Used by industry leaders such as Fireblocks, NEAR, Arbitrum, and Starknet, Lava standardizes blockchain connectivity, from individual developers to high-traffic enterprise customers. Learn more at About Fireblocks Fireblocks is the world's most trusted and proven digital asset infrastructure company, empowering organizations of all sizes to build, run and grow their business on the blockchain. With the industry's most secure, scalable and comprehensive platform, we streamline custody, tokenization, payment, settlement, and trading operations across the largest ecosystem of exchanges, custodians, banks, payment providers and stablecoin issuers in the world. Over 2,000 organizations - including BNY Mellon, Galaxy, and Revolut - trust Fireblocks to secure more than $10 trillion in digital asset transactions across 100+ blockchains and over 300 million wallets. Learn more at Ari KarpReBlonde for Lava Networkari@ View original content: SOURCE Lava Network; Fireblocks Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
3 days ago
- Business
- Business Insider
OverProtocol partners with Pocket Network to supercharge growing South Korean Web3 industry
Partnership will see OverProtocol contributor SuperBlock become Korea's first Pocket Network gateway OverProtocol, a Layer-1 blockchain designed to enable full node operation on personal devices, has partnered with decentralized infrastructure protocol Pocket Network to make Web3 infrastructure higher-performing, more cost-competitive, and accessible to all. OverProtocol aims to democratize infrastructure participation by minimizing system requirements, and is building an ecosystem that includes OverFlex, a real-world voucher marketplace, enabling both Web3 and non-crypto users to not only participate, but benefit from real-world utility. Securing Unstoppable Infrastructure for South Korean Web3 Companies Pocket Network and OverProtocol are both seeking to democratize node participation through building a highly decentralized, secure, and accessible network. The partnership will see the integration and promotion of Pocket's decentralized RPC layer to support both OverProtocol and other chains. The Pocket Network Foundation will provide a subsidy for gateway throughput in the form of a token swap with OverProtocol – providing technical support as required and introducing both SuperBlock, and Over Protocol to the Pocket Network Ecosystem. 'Our goal is to make Web3 infrastructure accessible to everyone. Partnering with Pocket creates powerful synergy — enabling us to deliver decentralized, reliable services and empowering users to become active contributors,' said Ben Kim, CEO of SuperBlock and Founder of OverProtocol. Paving the Way for Korean Blockchain Innovation The partnership will see SuperBlock, which builds products, tools, and applications for OverProtocol, become the first Pocket Network gateway in Korea, helping subsidize Web3 startup infrastructure costs in the country – similar to how AWS gives away free cloud credits. SuperBlock will ultimately serve as the gateway to take advantage of the progress made by public Layer-1s in the region like Kaia. Furthermore, Pocket Network and OverProtocol are partnering to develop a KRW stablecoin distribution framework aligned with Korean regulatory standards. Pocket Network will enhance access and network stability through its decentralized RPC infrastructure, while OverProtocol will drive adoption by integrating the KRW stablecoin into real-world use cases—bridging core blockchain infrastructure with practical financial applications. OverProtocol's global DAU has topped 150,000, and it's deployed over 3,400 personal nodes across 143 countries using its dynamic lightweight infrastructure. It will leverage this experience to provide efficient and scalable RPC endpoints to Pocket Network. Long-term, OverProtocol envisions a standalone dApp architecture hosted entirely on personal nodes without centralized servers – a truly decentralized application. The Pocket Network x OverProtocol collaboration could evolve into decentralized Content Delivery Network (CDN) capabilities for dApps via RPC endpoints within the Pocket Network, further strengthening decentralized infrastructure. For additional information about OverProtocol, users can follow on Twitter, YouTube, Discord, Instagram, Facebook, Telegram, and Medium About OverProtocol OverProtocol is a Layer-1 blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator by empowering individuals to run full nodes on personal computers. Its vision is to create a global peer-to-peer network that welcomes contributions from individuals worldwide, enhancing its security and stability through collective collaboration. Pocket Network is a decentralized blockchain data platform that provides access to blockchain data for Web3 decentralized applications (dApps). It acts as a relay network, connecting applications to full nodes (which store and process blockchain data.) Pocket uses a native cryptocurrency, POKT, to facilitate this process, creating a marketplace where node providers can earn rewards for servicing application requests. Contact
Malaysia Sun
4 days ago
- Business
- Malaysia Sun
Economic Watch: ASEAN integration drives development of independent regional financial system, analyst says
KUALA LUMPUR, June 28 (Xinhua) -- Greater economic integration among the members of the Association of Southeast Asian Nations (ASEAN) is accelerating efforts to build an independent and resilient regional financial system, aimed at reducing reliance on external currencies and enhancing monetary stability across Southeast Asia, according to a Malaysian analyst. These moves are not meant to target any specific country but rather reflect a desire to move away from external financial volatility and facilitate transactions using local currencies for intra-ASEAN trade, which will enable seamless cross-border transactions, provide greater market access for micro, small and medium enterprises (MSMEs), and also boost regional tourism, Lee Pei May, a political expert at the International Islamic University Malaysia, said in a recent interview with Xinhua. "The push for the use of local currencies has been ongoing for some time, as it helps strengthen the economic integration of ASEAN member states -- an important goal that ASEAN seeks to pursue. In fact, other regions are also moving away from relying too heavily on a single foreign currency, such as the U.S. dollar, as external interest rates and shifting government policies may cause significant volatility in currency exchange," she explained, adding that volatility is undesirable in any business. "Apart from the benefits of easier and faster transactions between businesses and banks of ASEAN countries through the use of local currencies, cross-border payments in local currencies can also help to avoid the volatility from outside the area," she said. Lee also said that allowing cross-border settlements in local currencies would be faster and cheaper, and singled out the tourism sector as a big winner, as tourists in the region will not need to go through the hassle of changing physical money when visiting other ASEAN states. "The Regional Payment Connectivity (RPC) initiative was first established to strengthen payment connectivity among the five ASEAN members, notably Malaysia, Thailand, Singapore, Indonesia and the Philippines. To date, the initiative has expanded to include central banks of Vietnam, Laos, Brunei and Cambodia," she said. "The participation would bring about seamless cross-border transactions and boost tourism in the region. Under the local currency settlement framework, many national payment systems have been linked, such as between Malaysia and Indonesia," she said. Lee also noted that the ASEAN push for local currencies and reduced dependency on external monetary systems has gained momentum amid growing awareness of the risks posed by relying on the U.S. dollar. "In the past, certain currencies were viewed as stable, but due to increasingly unpredictable global developments, this perception is shifting," Lee said, adding that if economic tools were to be used to exert pressure on policy differences, it could have negative implications. "Such risks, even if unlikely, remind us why building regional financial resilience is critical," she said.
The Star
4 days ago
- Business
- The Star
Asean integration drives development of independent regional financial system, analyst says
SOUTH-EAST ASIA (Xinhua): Greater economic integration among the members of the Association of South-East Asian Nations (Asean) is accelerating efforts to build an independent and resilient regional financial system, aimed at reducing reliance on external currencies and enhancing monetary stability across the region, according to a Malaysian analyst. These moves are not meant to target any specific country but rather reflect a desire to move away from external financial volatility and facilitate transactions using local currencies for intra-Asean trade, which will enable seamless cross-border transactions, provide greater market access for micro, small and medium enterprises (MSMEs), and also boost regional tourism, Lee Pei May, a political expert at the International Islamic University Malaysia, said in a recent interview with Xinhua. "The push for the use of local currencies has been ongoing for some time, as it helps strengthen the economic integration of Asean member states -- an important goal that Asean seeks to pursue. "In fact, other regions are also moving away from relying too heavily on a single foreign currency, such as the US dollar, as external interest rates and shifting government policies may cause significant volatility in currency exchange," she explained, adding that volatility is undesirable in any business. "Apart from the benefits of easier and faster transactions between businesses and banks of Asean countries through the use of local currencies, cross-border payments in local currencies can also help to avoid the volatility from outside the area," she said. Lee also said that allowing cross-border settlements in local currencies would be faster and cheaper, and singled out the tourism sector as a big winner, as tourists in the region will not need to go through the hassle of changing physical money when visiting other Asean states. "The Regional Payment Connectivity (RPC) initiative was first established to strengthen payment connectivity among the five Asean members, notably Malaysia, Thailand, Singapore, Indonesia and the Philippines. "To date, the initiative has expanded to include central banks of Vietnam, Laos, Brunei and Cambodia," she said. "The participation would bring about seamless cross-border transactions and boost tourism in the region. Under the local currency settlement framework, many national payment systems have been linked, such as between Malaysia and Indonesia," she said. Lee also noted that the Asean push for local currencies and reduced dependency on external monetary systems has gained momentum amid growing awareness of the risks posed by relying on the US dollar. "In the past, certain currencies were viewed as stable, but due to increasingly unpredictable global developments, this perception is shifting," Lee said, adding that if economic tools were to be used to exert pressure on policy differences, it could have negative implications. "Such risks, even if unlikely, remind us why building regional financial resilience is critical," she said. - Xinhua
The Sun
4 days ago
- Business
- The Sun
ASEAN economic integration boosts regional financial independence
KUALA LUMPUR: Greater economic integration within ASEAN is driving efforts to establish an independent regional financial system, reducing dependency on external currencies and improving monetary stability, according to a Malaysian analyst. Lee Pei May, a political expert at the International Islamic University Malaysia, highlighted in an interview with Xinhua that these measures aim to mitigate financial volatility rather than target any specific country. The shift toward local currencies for intra-ASEAN trade will streamline cross-border transactions, expand market access for micro, small, and medium enterprises (MSMEs), and boost regional tourism. 'The push for the use of local currencies has been ongoing for some time, as it helps strengthen the economic integration of ASEAN member states -- an important goal that ASEAN seeks to pursue,' Lee explained. She noted that other regions are also reducing reliance on dominant foreign currencies like the US dollar due to external interest rate fluctuations and policy shifts that can destabilize exchange rates. Cross-border payments in local currencies offer faster, cheaper transactions while shielding businesses from external volatility. Lee emphasized the tourism sector as a key beneficiary, as travelers within ASEAN will no longer face the inconvenience of currency exchange. The Regional Payment Connectivity (RPC) initiative, initially involving Malaysia, Thailand, Singapore, Indonesia, and the Philippines, has expanded to include Vietnam, Laos, Brunei, and Cambodia. 'The participation would bring about seamless cross-border transactions and boost tourism in the region,' Lee stated. Growing awareness of risks tied to US dollar dependency has accelerated ASEAN's push for financial resilience. 'In the past, certain currencies were viewed as stable, but due to increasingly unpredictable global developments, this perception is shifting,' Lee added. She warned that economic tools used to pressure policy differences could have adverse effects, reinforcing the need for regional financial safeguards.
