Nefta partners with HAQQ to ensure much-needed DeFi stability

July 31, 2023 11:33 PM AEST | By Invezz
 Nefta partners with HAQQ to ensure much-needed DeFi stability
Image source: Invezz

A strategic deal sees blockchain tech provider Nefta collaborating with HAQQ, a Cosmos SDK-based proof-of-stake network. HAQQ connects renowned players within the Ethical Finance space to ensure global community-driven decentralized tools.

Tools to onboard millions of clients

Nefta’s deal with HAQQ will ensure the much-needed stability with the decentralized finance (DeFi) sector. Nefta will provide its Whitelabel blockchain tools to HAQQ, allowing the latter to accelerate user onboarding. HAQQ allows individuals to deploy smart contracts created on different EVC chains without hurdles.

Meanwhile, Nefta stands as a one-in-all platform, simplifying the onboarding procedure with all the needed tools, including ease-to-implement SDKs and APIs and Whitelable services to allow firms re-rand.

The partnership between the entities targets HAQQ’s exclusive collaboration with Holiday Swap. Nefta’s tools will attract Holiday Swap’s million users in over 185 nations to the blockchain without the challenges of the web3 transition.

Nefta offers multiple blockchain tools that ensure frictionless and effortless transfers of web2 membership and loyalty programs to web3 and blockchain. Further, the collaboration will offer HAQQ and Holiday Swap clients heightened utility.

Nefta and HAQQ have similar motives for democratizing technological development. HAQQ will benefit from Nefta’s end-to-end technology to help Holiday Swap migrate its undertakings to the blockchain. The company’s CEO, Geeshan Willink, stated,

“This partnership with HAQQ is one of Nefta’s most exciting partnerships so far. The HAQQ Networks ethics first priority brings much-needed stability to decentralized finance. Their mission to create a fairer, more sustainable financial system is something that really is necessary if we are to see cryptocurrency and blockchain technology gain mass appeal.”

Democratizing ethical finance

HAQQ CTO Andrey Kuznetzov commented on Nefta’s collaboration, saying that the latter will help them democratize ethical finance. He believes the deal cements the future of ethical blockchain.

“Teaming up with Nefta accelerates our mission of democratizing ethical finance. Their blockchain toolbox helps us streamline user onboarding, crucial for large-scale transitions like Holiday Swaps. This partnership symbolizes a fusion of tech innovation and ethical commitments, setting a solid foundation for the future of ethical blockchain finance. With Nefta, we’re not just imagining the future of ethical finance; we’re building it.”

Nefta has collaborated with different entities, including GAMI, MYSTiC GAMES, VIKER, and MoonGaming, since its 2022 launch to amplify blockchain accessibility.

The post Nefta partners with HAQQ to ensure much-needed DeFi stability appeared first on Invezz.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.