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Getting Ready to Onboard Millions of Retail Consumers on the Agglayer With Ternoa Zkevm+, a L2 Optimized for Payfi Getting Ready to Onboard Millions of Retail Consumers on the Agglayer With Ternoa Zkevm+, a L2 Optimized for Payfi

Getting Ready to Onboard Millions of Retail Consumers on the Agglayer

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

Ternoa announces the mainnet launch of zkEVM+, a TEE-enhanced EVM L2 optimized for PayFi and DeFi dapps needs.

Built with Polygon CDK (Chain Development Kit) and Avail DA in a co-implementation with Zeeve RaaS, it is planned to become fully compatible with Agglayer during the first half of 2025.

This mainnet release will prompt the launch of several Payfi projects on the platform. Starting with the announcement in February of a decentralized consumer finance protocol soon accessible to a million of retail users via 40 000 points of sales of a leading PSP in the GCC region. And the upcoming release of a DeFAI agent wallet and points farming campaign on the network.

zkEVM+ is designed to answer the specific requirements of the Payments industry, and connect seamlessly to the broader DeFi ecosystem. Blazingly fast with ZK proofs, Cost efficient with external DA, Trust-minimized with TEE integrity proofs, and connected to the Agglayer, which solves blockchain fragmentation by enabling sovereign chains to securely share liquidity, users, and state.

‘Polygon CDK provides developers a best in class zk tech stack and Ternoa building their decentralized security and privacy protocol via CDK is another great use case.’ Osman Sarman, Contributor Specialist, Polygon Labs

“As an infrastructure partner, Zeeve is committed to equipping Ternoa with a robust suite of tools and integrations for streamlined deployment, effortless management, and frictionless user onboarding for their L2 zkRollup chain. We’ll ensure, with efficient management, that the ecosystem also remains compliant and meets the objective of Ternoa as well as the broader goals of Polygon CDK. Dr Ravi Chamria, co-founder and CEO of Zeeve

“We are compounding 4 years of TEE R&D to launch this L2 aiming to resolve the biggest pain points preventing the onboarding of the payments industry on-chain” . Mickael Canu, co-founder and CEO of Ternoa

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2025-01-28 13:00:00

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