Ethereum

Arianee

Polygon

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/arianee-develops-new-layer-2-network-on-polygon-for-luxury-brands/" data-wpel-link="internal">Arianee Develops New Layer-2 Network on Polygon for Luxury Brands</a><br></p>
<p class="p1" style="text-align: justify">Luxury brand blockchain infrastructure provider <strong>Arianee</strong> has developed a new Layer-2 network built on <a href="https://en.coin-turk.com/polygon-matic-could-bring-3x-returns-compared-to-bitcoin-btc-analyst-says/" data-wpel-link="internal">Polygon</a> to scale its digital product passport platform used by various luxury brands and companies. Since the beginning of 2023, Arianee has been optimizing the Layer-2 network using Polygon’s zero-knowledge proof supported Chain Development Kit.</p> 
<h2 class="p1" style="text-align: justify" id="key-statements-from-arianee-ceo">Key Statements from Arianee CEO</h2> 
<p class="p1" style="text-align: justify">Arianee co-founder and CEO Pierre-Nicolas Hurstel made significant remarks about their redesigned infrastructure that allows brands and developers to design highly customizable, cost-effective, and high-performance digital passports and tokens linked to real-world products and assets:</p> 
<blockquote> 
 <p class="p1" style="text-align: justify">“We are building on the Ethereum Virtual Machine, addressing corporate and scalable use cases. While trying to provide a service that operates with seamless, universal, and predictable costs, building on Layer-1 or the Polygon mainnet continues to be difficult and risky.”</p> 
</blockquote> 
<p class="p1" style="text-align: justify">Arianee’s CEO stated that the company focuses on supporting brands dealing with scalable, high-performance projects that demand an environment offering precise control over costs and energy consumption.</p> 
<h2 class="p1" style="text-align: justify" id="key-details-about-arianee">Key Details About Arianee</h2> 
<p class="p1" style="text-align: justify">Arianee’s native protocol token will be used for payments within the application-specific chain of the Polygon CDK, bridged to the Aria20 ERC-20 token on the Ethereum mainnet. The launch of the Layer-2 solution will directly enable brands to launch and manage their digital product passports and loyalty tokens.</p> 
<p class="p1" style="text-align: justify">Arianee currently serves as an infrastructure provider to more than 40 brands, including Breitling, Moncler, Yves Saint Laurent, and Lacoste. Luxury watch brands like Breitling issue digital product passports on the protocol to provide blockchain-based proof of ownership to their owners.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-318232 size-full" src="https://coin-turk.com/wp-content/uploads/2024/02/breitling.webp" alt="" width="968" height="721"></p> 
<p class="p1" style="text-align: justify">These digital passports are defined as immutable assets that provide customizable benefits for their real-world counterparts. Owners possess and control their data and can interact with manufacturers to organize and manage product repairs, warranties, insurance, and other services.</p> 
<p class="p1" style="text-align: justify"><strong>Polygon’s</strong> CDK solution is expected to offer higher scalability and performance thanks to its ZK-proof <a href="https://newslinker.co/category/technology/" data-wpel-link="exclude">technology</a>. Brands using Ethereum’s ERC-721 token standard to issue NFTs and digital passports can also integrate their existing infrastructure with Arianee’s protocol using Polygon CDK.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/arianee-develops-new-layer-2-network-on-polygon-for-luxury-brands/" data-wpel-link="internal">Arianee Develops New Layer-2 Network on Polygon for Luxury Brands</a></h5>

Arianee Develops New Layer-2 Network on Polygon for Luxury Brands

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