Polkadot and Blockchain.com Partner To Improve Decentralization

Blockchain.com, one of the best Bitcoin wallets and data supplier from Luxembourg, just revealed that it is partnering with Polkadot, a “blockchain interoperability protocol,” reports CoinTelegraph.

The Blockchain wallet will integrate into the Polkadot network to bring in adoption and increase the decentralization of Polkadot’s assets, DOTs. Once complete, anybody on Blockchain.com will be able to send DOTs, store them, or even receive the cryptocurrency via their preferred form of day trading.

As mentioned, the goal here is to improve decentralization. The CEO and co-founder of Blockchain.com, Peter Smith, spoke on the collaboration, specifically Polkadot, saying that it is “exactly the type of purpose-driven network” it needs. Both companies have the same vision, so it makes sense that they partner up.

As you may know, Polkadot came to be back in 2017 as one of the first Web3 Foundation projects out there. Helping with development are founders from Parity Technologies, Gavid Wood, who is not only the Polkadot founder but a co-founder of Ethereum, and then Jutta Steiner, the first security chief of Ethereum.