Zilliqa, a fast blockchain solution that utilizes sharding to juice performance, topped $1 billion in market capitalization last week – only to pull back below the billion dollar mark as volatility in ZIL bounced the price around. Zilliqa has recently flirted with being a top 25 crypto, according to CoinMarketCap. Zilliqa is competing with the likes of Hedera Hashgraph to provide an enterprise ready blockchain that can handle the data loads necessary to become an alternate to current financial transaction platforms.
Zilliqa recently posted an updated as to how they intend on promoting adoption of their platform. The company listed three different ways:
- through partnerships with corporations
- A grant program to Dapps and tolls to be built on Zilliqa
- Thought leadership and developer outreach
The partnerships reportedly took a step forward with a collaboration between Zilliqa and Mindshare that incorporates two listed companies (NASDAQ/NYSE). More details to follow.
Zilliqa has created a USD $5 million program to nurture utilization of their platform plus the Zilliqa team will provide tech advice and guidance.
Zilliqa recently demoed their new smart contract programming language called Scilla. Zilliqa said they demonstrated a crowdfunding contract in action. Zilliqa states;
“With Scilla, developers will be able to write and test their contracts before deploying, thereby getting the assurance that their contracts are safe to use and preventing issues like the DAO hack. Combined with our high throughput platform based on the technology of sharding, Scilla will allow for new, more powerful blockchain applications with use cases in gaming, digital advertising, e-commerce and many more. All safely built on our platform.”