AERUM Blockchain to Deliver Bethereum Social Betting Platform with Ethereum Sidechain Solutions
AERUM, which has been considered to be the next generation in the infrastructure surrounding the blockchain technology, a platform that has been designed for the use of permission-less financial applications just went ahead to announce their commercial partnership.
They made the announcement last week of the partnership they have gotten into with Bethereum, a platform that is based on social betting powered by the blockchain technology.
The Ethereum option is not sufficient for the platforms needs
The CEO for Bethereum, Giacomo Tognoni, went ahead to say that they still believe in the Ethereum technology to be used as the solid foundation behind the blockchain technology, but the Ethereum option is not able to cope with the scalability, performance together with the cost-effectiveness requirements that this particular platform would require.
It is the reason behind the experiments they have been carrying out in the past few weeks with the innovative Ethereum sidechain solutions.
Patrick O’Sullivan, who is the Chief Blockchain Engineer in AERUM, went on to describe the partnership they have gotten into in an AMA with the Bethereum community.
He went on to state that they will be the technical partners in the collaboration; thus, the AERUM platform will be responsible for providing a proper end-to-end infrastructure solution that will be used on the Bethereum platform. A solution that will allow for costless transactions to take place together with having a scalable high-speed network.
The partnership has brought more for the Bethereum platform to look forward to
With this kind of collaboration in place, it is a sure solution for the Bethereum platform as they have ended their lengthy search to acquire superior technical solutions that have been able to meet their platform needs.
As a global betting platform, they needed to ensure they get the speed, scalability and the reliability they were not able to enjoy on Ethereum. Thanks to the AERUM platform they are able to enjoy this and still have a solution that is cost-effective.
Not forgetting, as this is a commercial partnership that both companies have gotten into means that the agreement is mutually beneficial. When we look at the Bethereum network, they will be able to gain a comprehensive boost in scalability, transaction speed, and throughput. All this has been made possible for them while still retaining total compatibility with the Ethereum technology and true decentralization.
Additionally, when we look at the AERUM platform, they will also be able to gain some level of success, which is the necessary user base that could test and help in the development of their infrastructure.
The Bethereum platform has been considered to be the leader of the global betting space as it has been able to attract over 16,000 users who are spread across the globe; thus, this has presented the AERUM platform with the perfect test case that will aid them in honing their solutions.
Click below to read the official press release!https://t.co/U3bn9zSJEx
— AERUM (@Aerum_official) December 13, 2018
With such a broad user base at the disposal of the AERUM platform we are yet to see the company develop fantastic infrastructures that will take the market places.
Additionally, the team behind the AERUM team is excited to be working with the Bethereum platform, and it is clear with this partnership in place both companies will be able to grow in each of their respective technologies and be in a position to serve each of their customers better.