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- Smartlink announces its decision to become a corporate baker on the Tezos network.
- It will now help validate transactions on the blockchain.
- Tezos’ various capabilities made this an easy decision for Smartlink.
As of today, Smartlink has become an official corporate baker on Tezos’ ecosystem. Built on Tezos, the decentralized escrow smart contract platform is ready to expand its role on the network.
In detail, this means that Smartlink will help validate transactions on the Tezos blockchain. This decision to become a corporate baker is in line with the project’s goal to further solidify its commitment to the Tezos ecosystem.
At the moment, over 400 bakers coming from all over the world participate every day to secure Tezos’ network. Now, Smartlink has joined the ranks as well. Along with it are other prominent bakers that include global cloud provider Exaion, insurance company Wakam, gaming giant Ubisoft, and many more.
In particular, Smartlink brings end-to-end online escrow solutions to ensure highly reliable transactions. At the same time, it also ensures low processing costs whilst eliminating the need for costly third parties.
Moreover, Smartlink helps to safeguard funds that are part of a transaction. In turn, this lowers the chances of risk and potential fraud across multiple blockchain networks. Thus, by providing an end-to-end payment solution with a built-in escrow module, Smartlink promises seamless transactions at all times.
More so, Smartlink offers services that cover over 15 of the top ERC-20 tokens that enable the creation of next-gen escrow payments solutions. Hence, the tokens are wrapped into Tezos token standard FA 1.2 tokens. This allows the ability to trade with low gas fees and reliable settlement.
The Founder and CEO of Smartlink, Ben Constanty shares his thoughts on the matter.
“I am now more convinced than ever that we have made the best technological decision choosing Tezos. The promise of this network is consistent with the same ambitious goals we have for our platform. We are pleased to strengthen our commitment to this ecosystem by becoming a co-baker today.”
Above all, Tezos is known for its capability to remain state-of-the-art. Its modular architecture and upgrade mechanism minimizes disruptions. Meanwhile, it also offers regular upgradability and enhanced functionality over time.
So far, Tezos has undergone six network upgrades to reduce gas fees, improve token standards, increase transaction speed, and more. Not to mention, the sustainability factor that comes with Tezos’ Proof-of-Stake consensus is a huge game-changer.
Therefore, Smartlink felt they had an easy decision to make. After an initial audit of the various solutions available today, Tezos’ technology, by far, came out on top. The technology’s ability to be self-sustaining, cost-effective, fast, and environmentally responsible makes it an ideal solution for both personal and corporate users in the future.