Zeeve RaaS has partnered with Memento to launch a new Layer 2 solution - the Hyperchain
23 May 2024
NewsZeeve RaaS, a supplier of Rollups-as-a-Service, has teamed up with Memento to introduce the Hyperchain, a new Layer 2 solution. The partnership uses ZK Stack technology from zkSync to improve institutional finance.
Institutional participants are intended to have access to a safe, tailored, and regulated blockchain environment through the Hyperchain. It solves the security and customization issues that have historically prevented the financial industry from using public blockchains.
The Hyperchain successfully addresses scalability challenges by utilizing zkSync's cutting-edge zero-knowledge (ZK) technology and recursive proofs. This makes it possible to build trustless Layer 2 chains that support scalable, reasonably priced transactions and payments that settle on the Ethereum network.
Through the use of these state-of-the-art cryptographic techniques, Hyperchain offers institutional finance a safe and scalable blockchain operating environmen
Zeeve RaaS is essential to this partnership since it helps Memento take Hyperchain from a testnet prototype to a mainnet solution that is fully functional.
Zeeve has made numerous contributions to the field, including operational management dashboards, automated setup for security and compliance, rebranding explorers and other critical tools, and malware defense and DDoS protection.
Zeeve also guarantees ongoing support with consistent updates and top-notch customer care.