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Lisk Set To Accelerate Blockchain Adoption in Emerging Markets With Obligate Deployment Lisk Set To Accelerate Blockchain Adoption in Emerging Markets With Obligate Deployment

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Lisk Set To Accelerate Blockchain Adoption in Emerging Markets With Obligate Deployment – Crypto News

Published

1 year ago

on

May 9, 2024 – Zug, Switzerland

Lisk – a prominent layer-two solution and member of the Optimism Superchain – announces that Obligate – a Swiss-based on-chain capital markets platform renowned for its innovative blockchain-based financial services – will deploy an instance on its network.

As part of their collaboration, Lisk and Obligate aim to address challenges in emerging markets by enhancing access to DeFi (decentralized financial) services.

Obligate will utilize Lisk’s layer-two network, known for its high efficiency, speed and scalability, secured by Ethereum within the Optimism Superchain.

This strategic initiative aims to empower businesses in emerging markets by offering more accessible capital solutions through blockchain technology, circumventing the typical issues and high interest costs often encountered with traditional banking intermediaries.

Dominic Schwenter, CPO of Lisk, said,

“Lisk has consistently led the way in making blockchain technology accessible, focusing specifically on solving real-world problems in emerging markets.

“Integrating Obligate’s platform with Lisk not only promotes financial inclusion but also pioneers advanced solutions for RWAs (real-world assets) and OCAs (off-chain assets).

“This deployment is a crucial step towards our goal of introducing the next billion people to the Web 3.0 ecosystem.”

Benedikt Schuppli, co-founder of Obligate, said,

“Lisk layer-two’s design to support real-world applications and assets aligns perfectly with Obligate’s mission to offer secure and regulated blockchain solutions.

“Our partnership will provide robust, efficient and transparent financial options to the regions most in need, and we are eager to witness the positive impacts of our joint efforts.”

The deployment of Obligate on Lisk layer-two is particularly significant for its potential effects on RWAs.

By facilitating more straightforward and efficient capital access, Lisk layer-two and Obligate will assist businesses in leveraging their physical assets for funding, thereby fostering economic growth and stability.

This collaboration also capitalizes on Lisk layer-two’s technological strengths, including enhanced scalability and user experience, which are essential for adopting blockchain solutions in markets with varying degrees of technological infrastructure.

About Lisk

Lisk provides a cost-efficient, fast and scalable layer-two network that is secured by Ethereum.

As a long-standing Web 3.0 infrastructure project, Lisk has been democratizing blockchain accessibility for developers and end users globally since 2016.

Its core focus is to solve local problems in emerging markets by bringing solutions around RWAs, OCAs and DePIN on-chain.

As a member of the Optimism Superchain, Lisk is contributing to onboarding the next one billion people to Web 3.0.

About Obligate

Obligate AG is a member of VQF, a Swiss FINMA regulated AML SRO, and a financial intermediary.

Standing at the forefront of institutional adoption in on-chain capital markets, Obligate is providing a secure, transparent and regulatory compliant platform for the issuance, trading and lifecycle management of debt instruments natively issued on the blockchain.

The platform’s unique architecture caters to the complex needs of institutional investors while lowering the barriers of entry for issuers by providing efficient access to multilateral financing.

Featuring their proprietary eNotesTM, ledger-based securities based on the most advanced DLT-legislation, a comprehensive dispute resolution framework and global enforceability of the debt securities, Obligate demonstrates its commitment to meeting institutional standards.

Contact

Dasi Kaplan, MarketAcross

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