Chromia Confirms Mainnet Release in 2024

CHR CRYPTO_NEWS

Chromia confirms mainnet launch in 2024 and highlights key features and roadmap updates outlining the project development goals.

Chromia, a relational blockchain platform designed for decentralized applications, has officially announced its mainnet launch, scheduled for 2024.

The project has released an updated roadmap, which can be found on their official channels and website’s roadmap page. Chromia was co-founded by CEO Henrik Hjelte, COO Or Perelman and CTO Alex Mizrahi, aiming to deliver a ‘relational blockchain’ architecture on a publicly available network.

The technology – pioneered by the Swedish-based company ChromaWay – combines the efficiency of a relational database with the secure and permissionless nature of blockchain.

Chromia’s vision and scope expanded its initial role as a standalone platform, incorporating interoperability features with Ethereum and other EVM chains.

The team’s dedicated efforts have resulted in the creation of modular layer one and layer two solutions. The development timeline of the chain was extended as the team dedicated their time to building robust user experiences such as Web 3.0 games ‘My Neighbour Alice‘ and ‘Mines of Dalarnia‘ with established tokenomics and substantial user bases.

Commenting on the Chromia mainnet launch, Henrik Hjelte, CEO of Chromia, said, “It took us founders 10 years to build the technology we believe can make an impact on the world at large. To make public decentralized applications go mainstream, you need a comprehensive feature set and ease of use. “Chromia’s mainnet is poised to launch with powerful features encompassing modularity, EVM interoperability, relational database architecture and on-chain file storage. “I’m proud of the Chromia batteries-included approach, and I’m sure that developers will love the new elegance and productivity we bring to crypto.”

The project’s roadmap outlined the remaining development goals, primarily focused on Chromia-based tokens, bridging assets from EVM chains and a native fee system.

Additionally, significant effort has been dedicated to preparing necessary utilities for end users and developers, including an official wallet, a block explorer and extensive technical documentation and tutorials.

The project’s ecosystem is beginning to exhibit early signs of growth, evidenced in their ‘Shared Appnet,’ an early production environment for DApps (decentralized applications).

This network is already powering several projects, including a digital collectibles marketplace from German football club VfB Stuttgart and the fashion brand BLK DNM’s Connected Fashion technology.

The updated roadmap is available on Chromia’s website.

Users can stay connected with Chromia and get the latest updates from the official Twitter.

About Chromia

Chromia is a blockchain platform that provides scalable, secure and developer-friendly solutions for decentralized applications.

Their relational blockchain technology is designed to support high performance, low cost and ease of use for developers and end users.

Source : The Daily Hodl by ChainWire / Dec 4, 2023

rayn.finance logo

Automata FRANCE SAS

240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act.