Blockchain.com, the popular bitcon and crypto wallet app. today announced it is partnering with Polkadot to accelerate the adoption and decentralization of Polkadot tokens (DOTs) as it aims to solve the challenges of cross-blockchain interoperability and create a new model for on-chain governance.
When the integration is complete, over 40 million Blockchain.com wallets will be able to store, send, and receive DOTs, and also drive the network’s governance by voting on key issues like proposed amendments to the network protocol and council members.
Polkadot, announced in 2017, is the first project by the Web3 Foundation and one of the most anticipated networks to launch. Its first implementation is being developed by the founders of Parity Technologies, Dr. Gavin Wood, who also co-founded Polkadot and Ethereum, and Dr. Jutta Steiner, CEO of Parity and Ethereuem’s first Security Chief. The team aims to create a scalable, governable protocol that enables interoperability between blockchain networks.
“Polkadot is exactly the type of purpose-driven network we’ve always supported at Blockchain. The team behind the project has a wealth of experience, and shares our vision for a decentralized future where users are in control.”
– Peter Smith, Co-founder and CEO of Blockchain