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Home»BITCOIN NEWS»Gaming giant Ubisoft adopts blockchain technology as node validator in XPLA ecosystem
BITCOIN NEWS

Gaming giant Ubisoft adopts blockchain technology as node validator in XPLA ecosystem

By Crypto FlexsMarch 9, 20243 Mins Read
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Gaming giant Ubisoft adopts blockchain technology as node validator in XPLA ecosystem
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Ubisoft, a famous video game developer and publisher, node validator Demonstrates intention to explore blockchain technology in the XPLA ecosystem.

According to the March 7th presentationUbisoft’s participation in the ecosystem is consistent with its focus on innovation through its Strategic Innovation Lab, which aims to anticipate future trends and capitalize on opportunities offered by “cutting-edge” technologies.

Ubisoft joins XPLA as a validator

XPLA, a Layer 1 blockchain based on Tendermint, is a hub for digital media content and implements the “Explore and Play” concept.

As the announcement suggests, the partnership between Ubisoft and XPLA is particularly promising for the gaming industry. Ubisoft’s participation as an ecosystem validator is expected to create “synergies” and contribute to the verification process.

Additionally, Ubisoft will actively participate in decisions regarding governance proposals to further strengthen the XPLA Network.. Leveraging Ubisoft’s expertise in video game creation, this collaboration is expected to deliver significant results in the expansion of blockchain networks and the Web3 gaming sector.

XPLA team leader Paul Kim expressed enthusiasm for Ubisoft’s participation, emphasizing their shared goal of creating a “more transparent” and “trustworthy” company. web3 ecosystem. The goal of this collaboration is to provide engaging gaming experiences to players around the world. Mr. Kim continued by saying:

We’re excited to welcome Ubisoft as an XPLA validator. We will work together to create a more transparent and trustworthy Web3 ecosystem and deliver engaging gaming experiences to players around the world.

More industry players are expected to follow.

The protocol development team is also optimistic about the growth of the ecosystem, especially in the areas of gaming and Explore-to-Exchange (X2E) services..

The protocol is said to boast a variety of titles within its ecosystem, with collaborations such as The Walking Dead: All-Stars, Summoners War: Chronicles, MiniGame Party, and Ace Fishing: Crew, along with the introduction of its first cross. -Chain Game, Idle Ninja Online.

However, the XRPLA team points out that adding Ubisoft to the ecosystem is a significant step forward. The ecosystem looks forward to the participation of more validators, which will improve the security and stability of the network..

The daily chart shows that the overall cryptocurrency market cap has reached $2.5 trillion for the first time in two years. Source: TOTAL on TradingView.com

Currently, the overall cryptocurrency market capitalization has shown a notable upward trend over the past 24 hours, soaring to around $2.5 trillion, the highest in two years. Meanwhile, Bitcoin (BTC), the market’s largest cryptocurrency, is trading at $68,900 at the time of this writing, after briefly touching the $70,000 mark for the first time in history.

Featured image from Shutterstock, chart from TradingView.com

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