New partnership with Phantasma Chain
Today we are excited to announce our collaboration with new partner: Phantasma Chain.
What is Phantasma Chain?
Phantasma Chain introduces a decentralized content distribution system running on the blockchain, with strong emphasis on privacy and security. The goal of Phantasma Chain is to provide a new and adaptable framework to fill the needs for data management from dApps.
What is Alchemint?
Alchemint is a company that provides the first stablecoin running on the NEO blockchain: SDUSD. Alchemint innovates a new hybrid model for stablecoins which is the global solution for development of stablecoins in the medium and long run. Anybody can issue SDUSD by collateralizing NEO on the Alchemint platform.
A bridge between dApps and stablecoin
Alchemint will provide the Phantasma community and anyone that uses the Phantasma App in the future with a stable way for them to secure their funds. This partnership is also very important for the eventual adoption of eCommerce using the blockchain, as one of the pain-points that retailers have with using a blockchain ecosystem is the instability of the coins that they are dealing in.This partnership facilitates industries to innovate and adopt financial solutions using blockchain technology.
With this new partnership our aim is to create a bridge between dApps and stablecoin. This allows that anyone, whether they are a user or acceptance, can quickly and easily get their hands on a stablecoin if they need to do so.