• Enya Labs, a core contributor to Boba Network, has recently signed a partnership agreement with Dubai Multi Commodities Centre (DMCC).
• This partnership is expected to bolster the DMCC Crypto Centre’s ecosystem and promote the expansion of web3 and blockchain enterprises in Dubai.
• The platform provided by Enya Labs and Boba Network enables developers to create dApps that can use „off-chain“ data from any web2-based systems.
Enya Labs Partners With DMCC
Enya Labs, a Core Contributor to Boba Network, has recently announced its partnership with Dubai Multi Commodities Centre (DMCC). This collaboration is expected to strengthen the DMCC Crypto Centre’s ecosystem and promote the growth of web3 and blockchain enterprises in Dubai.
Boba Network Platform
The platform provided by Enya Labs and Boba Network allows developers to create decentralized applications (dApps) with lower transaction costs, higher throughput and access to “off-chain” data from any web 2 based system. It also provides Hybrid Compute technology which enables users to create smarter applications.
Ahmed Bin Sulayem Statement
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC commented: “The ability of the DMCC Crypto Center to attract such high-profile players in the web3 space is a true testament to the thriving ecosystem that we have created. By bringing Boba Network into the fold in partnership with core contributor Enya Labs, we are further expanding on our support for members and enhancing their ways of scaling operations both in Dubai and beyond.“
About Enya Labs
Enya Laboratories is a software development company focusing on distributed systems engineering and application development founded by a group of Stanford academics & graduates. The company provides services that help their partners leverage existing operations by taking advantage of hybrid blockchain solutions offered by Boba Network.
Conclusion
With this new partnership between Enya Labs & DMCC, it will be possible for blockchain & web 3 companies to create more sophisticated applications through Hybrid Compute technology while also reducing transaction & computation costs as well as increasing throughput capacity.