KuChain, IRISnet to Push Forward DeFi

KuChain, a self-described “next generation public chain based on Cosmos-SDK designed to serve decentralized financial applications like DeFi and DEX,” has partnered with IRISnet, a “Interchain Service Hub designed to support the next generation of distributed applications,” to establish Joint Labs – Ti-Labs, according to a press release from both groups.

The release describes Ti-Labs as “inspired by titanium, the indispensable material in building rocket ships and other spacecraft. Ti-Labs will not just hold regular meetings for information sharing and integration between the tech teams in regard to the development progress across various verticals in the Cosmos ecosystem, but will also bring forward-looking insights that will shed light on future development directions. Meanwhile, looking beyond the two communities, to facilitate a wider range of information synchronization, communication, and collaboration among like-minded developers across the whole Cosmos ecosystem, Ti-Labs aim to incubate and support projects as long as they carry the Cosmos gene.”

Speaking on the matter is Jeffrey Hu, the research director of IRISnet, who said:

“I am very excited to cooperate with the KuChain team to establish Ti-Labs. Ti-labs will provide investment and incubation assistance from multiple dimensions to Cosmos ecosystem projects and further facilitate the development of its ecosystem.”