Evolve Markets

Celer Network to provide layer-2 scaling for Trust Wallet users

Celer Network to provide layer-2 scaling for Trust Wallet users

Trust Wallet, the official crypto wallet and dApp browser of Binance, today announced a strategic partnership with Celer Network has been formed. The aim is to create seamless integrations and fluid interactions for user experiences on decentralized applications (dApps). This partnership will empower developers to easily onboard new users to various blockchains for dApps and easily build smooth user experiences on dApps only matched by centralized applications.

The first phase of this partnership will focus on payments and simple interactive dApps, allowing Trust Wallet users to instantly send Ethereum (ETH) and ERC-20 tokens including many stablecoins with zero latency through Celer Network’s layer-2 scaling network. Trust Wallet users will benefit from Celer Network’s early demonstration, tentatively scheduled to launch during Q3 of 2019.

Bringing Layer-2 to Trust Wallet

“We are excited to work with Celer’s talented team to bring layer-2 scaling solutions to all of Trust Wallet users, which will enable simple, secure, fast and verifiable transactions with user-friendly interfaces. We are integrating Celer Network’s solution to Trust Wallet to help unlock the larger potential of blockchain technology for real-world use cases from financial solutions to gaming apps with its matched level of experiences on centralized applications.”

This long-term partnership will enable Trust Wallet and Binance users to access close-to-zero cost and unmatched user experiences on dApps such as interactive gaming, pay-per-use services, microinsurance, non-custodial financial assets exchanges, and decentralized exchanges

“We are honored to have a valuable partner that is supported by millions of users in the market and focuses on its community needs; the Trust Wallet team shares our vision aimed at the greater cause and hopes for the industry. We are excited to work with them to carry out the benefits of blockchain technology’s massive potential with great user experiences. Trust Wallet has garnered confidence by showcasing the high-grade security of its advanced multi-coin wallet and dApps browser. Together, we will ambitiously evangelize blockchain applications to the masses through our technical abilities and advancements, and strongly supported entrepreneurship.”

Celer Co-Founder and CEO, Mo Dong

Last month, Binance hosted the initial exchange offering of Celer Network.

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