Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Ankr Revolutionizes Web3 Infrastructure with DePIN Expansion

Ankr Revolutionizes Web3 Infrastructure with DePIN Expansion

Pioneering Decentralized Physical Infrastructure Networks

Kelly Cromley by Kelly Cromley
Mar 16, 2024
in Market News, News
Reading Time: 2 mins read
0
Ankr

Ankr, a trailblazer in Decentralized Physical Infrastructure Networks (DePIN), has unveiled an ambitious expansion strategy through strategic partnerships with leading Ultra Sound Infrastructure providers, marking a significant milestone for the blockchain industry. This initiative aims to redefine the standards of decentralized Web3, reaffirming Ankr’s position as a frontrunner in utilizing idle cloud computing resources to bolster blockchain ecosystems.

Since its establishment in 2017, Ankr has been at the forefront of DePIN development, pioneering an innovative approach to democratize the internet and enhance the resilience and efficiency of Web3 infrastructure. The company’s steadfast commitment to performance enhancement and decentralization has resulted in a range of benefits, including increased node availability, access to high-performance archive nodes, and expanded geographic coverage to address node resource disparities.

Stanley Wu, Co-founder and CTO of Ankr, expressed excitement about the expansion of high-performance decentralized nodes through the Ultra Sound Infrastructure network. He emphasized Ankr’s dedication to fostering a cohesive DePIN experience for all network participants.

The addition of seven new providers, including IoTex, Gateway, Storj, Clover, Tencent Cloud, Mind Heart Soul, and Ankr Labs, signifies a significant leap forward in decentralizing Ankr’s network and broadening support for innovative use cases, such as on-chain AI. Qevan Quo, CTO of IoTex, highlighted the partnership’s potential to facilitate the development of DePIN initiatives within a modular ecosystem, thereby enabling the emergence of new projects with enhanced efficiency and ease of access.

Ankr’s DePIN plays a vital role in meeting the diverse needs of the Web3 ecosystem by facilitating seamless interactions between decentralized applications (dApps), developers, and enterprises across various blockchains. Through its extensive network of nodes, Ankr ensures reliable performance for transactions, wallet balance queries, and smart contract executions, with enhanced core RPC services supported by major cloud providers like Tencent Cloud.

This expansion guarantees amplified performance for Ankr’s RPC service customers, offering increased accessibility of nodes, utilization of high-performance archive nodes, and broader geographic coverage to fill node resource gaps. Additionally, Ankr’s infrastructure supports on-chain AI applications, enabling high-performance computing, data integrity, and decentralization, thereby facilitating a wide range of AI applications directly on the blockchain.

The ANKR token, an integral component of the Ultra Sound Infrastructure program, gains expanded utility as the exclusive payment method for accessing the highest tier of infrastructure, including archive nodes. This development solidifies the ANKR token’s pivotal role in Web3 operations, serving as a “gas” payment for multi-chain infrastructure and providing access to top-quality Web3 infrastructure.

With these strategic partnerships, Ankr embarks on a new phase of global infrastructure expansion, aiming to decentralize the web further and make high-quality distributed network resources universally accessible. The initiative not only extends Ankr’s reach but also calls upon stakeholders across the Web3 space to contribute to building a decentralized, secure, and efficient digital future. Ankr remains committed to continuous growth and sustainable development, inviting interested parties to join this transformative journey.

Previous Post

CrossSpace and TOZ Universe Forge Dynamic Web3 Partnership

Next Post

Cardano Blockchain Witnesses Surge Amid ADA Price Volatility

Related Posts

solmate

Solmate Partners With Anagram to Expand Solana Infrastructure

by Kelly Cromley
Aug 2, 2026
0

Solmate Infrastructure PLC, listed on the Nasdaq under the ticker SLMT, has selected Anagram as a strategic ecosystem partner to...

aimeta

AIMETA Launches Verifiable AI Agent Data Network in Web3

by Kelly Cromley
Aug 2, 2026
0

AIMETA has officially launched a blockchain-based network designed to verify, record, store, and commercialize data generated by artificial intelligence agents,...

coldcard wallet

Block Traces $38M COLDCARD Bitcoin Theft to Service Provider

by Kelly Cromley
Aug 2, 2026
0

Block’s engineering team has identified the entity believed to be behind a major exploit involving COLDCARD hardware wallets, tracing the...

injective

Four Pillars Launches Institutional Validator on Injective

by Kelly Cromley
Aug 2, 2026
0

Four Pillars, a blockchain research and infrastructure company, has launched an institutional validator on Injective, expanding its involvement in a...

amlbot

AMLBot Launches AI Tracer for Cross-Chain Crypto Tracking

by Kelly Cromley
Aug 1, 2026
0

Crypto forensics and compliance company AMLBot has introduced AI Tracer, a self-service blockchain analysis tool designed to help users track...

xdc blockchain

XDC Network Uses x402 and USDC to Power AI Agent Payments

by Kelly Cromley
Aug 1, 2026
0

XDC Network is expanding its artificial intelligence strategy by combining the x402 payment protocol with stablecoin settlement, aiming to give...

Next Post
Cardano

Cardano Blockchain Witnesses Surge Amid ADA Price Volatility

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

solmate
Market News

Solmate Partners With Anagram to Expand Solana Infrastructure

by Kelly Cromley
Aug 2, 2026
aimeta
Market News

AIMETA Launches Verifiable AI Agent Data Network in Web3

by Kelly Cromley
Aug 2, 2026
coldcard wallet
Market News

Block Traces $38M COLDCARD Bitcoin Theft to Service Provider

by Kelly Cromley
Aug 2, 2026
injective
Market News

Four Pillars Launches Institutional Validator on Injective

by Kelly Cromley
Aug 2, 2026
amlbot
Market News

AMLBot Launches AI Tracer for Cross-Chain Crypto Tracking

by Kelly Cromley
Aug 1, 2026

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.