THXNET Launches Web3-as-a-Service: A Revolutionary Step Towards a Decentralized Future November 10, 2023 November 10, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 10, 2023 by Kelly Cromley

THXNET Launches Web3-as-a-Service: A Revolutionary Step Towards a Decentralized Future

In a significant stride into the digital age, THXLAB proudly unveils the public launch of THXNET. main-net, marking a pivotal moment for Web3 technology. THXNET. introduces a groundbreaking Web3 and blockchain hybrid infrastructure system designed to usher in the next billion users to Web3 through its Web3-as-a-Service (Web3-aaS) offerings. Positioned at the intersection of Web2.0 and Web3, THXNET. strives to create a seamless and user-friendly transition, positioning itself as a trailblazer in the realm of Web3.

Revolutionizing Web3-as-a-Service

At the core of THXNET. lies the revolutionary Web3-as-a-Service (Web3aaS), meticulously crafted by THXLAB and powered by the advanced Substrate framework. This offering provides a dedicated Layer 1 (L1) infrastructure fortified by the robust Layer 0 (L0) Rootchain.

Comprehensive Solutions for a Diverse Clientele

THXNET.’s Web3aaS encompasses a wide range of solutions, spanning from the Blockchain base (L0/L1) to application and service support. Notably, the platform addresses diverse transactional needs by incorporating support for fiat-based payments. Having launched its main-net in June 2023, featuring two active L1 chains, THXNET. has already established multiple use-cases, primarily in Japan, and is poised for further expansion into other Asian markets.

A Visionary Approach to Web3 Technology

Aro Kondo, Co-Founder and CEO of THXLAB & THXNET, expressed the broader vision, stating, “Web3 technology holds the promise of a more decentralized, secure, and user-centric online world. With THXNET, we’re not just delivering technology; we’re shaping the future of the internet.”

Foundational Architecture Advantages

THXNET’s foundational architecture, incorporating Layer 1 Leafchains and Layer 0 Rootchain, provides key advantages in terms of scalability, security, decentralization, and interoperability. This architecture not only facilitates efficient management of transaction volume but also ensures robust security measures, distributed control for transparency, and smooth interactions with other chains and systems.

Bridging Web2.0 and Web3 Ecosystems

One of THXNET’s unique value propositions lies in its ability to bridge the gap between Web2.0 and Web3 ecosystems. This enables the platform to offer a holistic Web3 solution spanning protocol to application layers, empowering existing Web2.0 platforms to seamlessly transition into a Web3 environment.

Market Dynamics and Growth Strategy

Aro commented on the market dynamics, stating, “THXNET is our answer to the challenge of making Web3 easily accessible. The fusion of Web2.0 and Web3 is now not just a concept but a working model.” Forecasts predict Japan’s blockchain-based DX market to exceed $6 billion by 2025, and THXNET aims to secure a substantial market share not only in Japan but also across Asia, targeting tech hubs in South Korea, Singapore, China, India, and emerging Southeast Asian markets.

Setting THXNET Apart in the Crowded Web3 Space

While the Web3 space is populated with entities like Stratos, Astar Network, Ethereum 2.0, and Polkadot, THXNET distinguishes itself through its unique architecture, support for fiat payments, and an aggressive pan-Asian growth strategy. Additionally, THXNET will soon launch a groundbreaking mobile application platform, offering developers an immersive experience within the THXNET ecosystem, including its blockchain infrastructure, documentation, APIs, and other offerings.

A Beacon for Web3’s Potential

As a beacon of Web3’s potential, THXNET, supported by THXLAB, is poised to usher in a new era, transforming the digital landscape towards greater decentralization, security, and efficiency. The forthcoming mobile application platform further underlines THXNET’s commitment to providing an accessible and comprehensive Web3 experience for developers and users alike.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.