7 Key Benefits of Enterprise Sovereign Blockchain Solutions

Avalanche and Gelato Launch Cutting-Edge Blockchain Solution

In a major development for institutional blockchain adoption, Gelato has unveiled a blockchain-as-a-service solution on Avalanche, designed to meet the surging demand for enterprise sovereign blockchain solutions. This innovative upgrade allows developers to deploy fully sovereign chains with unprecedented speed and cost-efficiency, as revealed in a March 28 announcement.

Background and Context

The launch of enterprise sovereign blockchain solutions by Gelato on the Avalanche platform marks a significant advancement in the blockchain landscape. As financial institutions increasingly explore blockchain technology, the demand for sovereign blockchain infrastructure has surged. This evolution comes at a crucial “tipping point” for institutional adoption, mirroring previous historical trends wherein technological innovations, such as the internet, transformed business operations.

Historically, blockchain applications faced hurdles due to their complexity and the need for extensive technical knowledge. The introduction of enterprise sovereign chains aims to streamline deployment, making it accessible for institutions by reducing costs and engineering resource requirements. This shift reflects a growing recognition that tailored blockchain solutions can enhance various sectors, from fintech, which necessitates stringent identity verification, to gaming economies that thrive on specialized functionalities.

As Avalanche solidifies its position as the 10th largest blockchain network with over $1.1 billion locked in DeFi applications, innovative solutions like Gelato’s facilitate the move toward more robust, user-friendly blockchain infrastructure. This paves the way for a future where every application operates on its own sovereign chain, optimizing unique needs while promoting broader adoption of enterprise sovereign blockchain solutions.

Avalanche and Gelato Unveil Enterprise Sovereign Blockchain Solutions for Institutions

In a significant advancement for enterprise sovereign blockchain solutions, Avalanche and Gelato have launched a new blockchain-as-a-service offering aimed at meeting the soaring demand for sovereign blockchain infrastructure among institutions. This comes at a crucial moment as the crypto industry stands at a “tipping point” for institutional adoption. Gelato, known for its past work with renowned companies like Kraken and Animoca Brands, announced this innovative upgrade on March 28, which allows developers to deploy fully sovereign chains more swiftly and affordably.

Key Features of the New Solution

The freshly unveiled service is designed to enhance interoperability through InterChain Messaging (ICM), positioning it as a prime choice for advanced applications in fields like financial technology (fintech) and specialized gaming economies. Luis Schliesske, founder of Gelato, highlighted the complexities involved in previous blockchain deployments, noting that they often required extensive technical knowledge and significant engineering resources. He stated, “The new solution will enable one-click deployment on Avalanche and significantly reduce the complexity involved.” This innovative approach allows developers to focus more on creating value than dealing with technical hurdles.

The Future of Blockchain Infrastructure

Martin Eckardt, senior director of developer relations at Ava Labs, remarked, “Avalanche L1s mark a paradigm shift in blockchain infrastructure, enabling a future where every application can run on its own sovereign chain, optimized for its unique needs.” With Avalanche ranking as the industry’s 10th largest blockchain network and boasting over $1.1 billion in total value locked (TVL) across its DeFi applications, the new enterprise sovereign blockchain solutions are expected to bolster institutional confidence in blockchain adoption. As financial institutions seek more robust infrastructures to navigate this space, innovative solutions like those from Gelato and Avalanche could play a pivotal role in the future of digital finance.

Avalanche and Gelato Unveil Enterprise Sovereign Blockchain Solutions

The recent launch of Gelato’s blockchain-as-a-service solution on Avalanche marks a significant milestone for the enterprise sovereign blockchain solutions landscape. By enabling institutions to deploy fully sovereign chains with unprecedented ease and cost-effectiveness, this development addresses the surging demand for tailored blockchain infrastructure in the financial sector.

Luis Schliesske, founder of Gelato, emphasized that the new service simplifies the deployment process, reducing the need for extensive technical expertise. This ease of access is essential as financial institutions seek to integrate advanced applications such as fintech and specialized gaming economies, which require robust identity verification systems (KYC).

Moreover, as the crypto industry approaches a crucial