Lisk a prominent layer-two solution and member of the Optimism Superchain announces that Obligate a Swiss-based on-chain capital markets platform renowned for its innovative blockchain-based financial services will deploy an instance on its network.
As part of their collaboration, Lisk and Obligate aim to address challenges in emerging markets by enhancing access to DeFi (decentralized financial) services.
Obligate will utilize Lisk’s layer-two network, known for its high efficiency, speed and scalability, secured by Ethereum within the Optimism Superchain.
This strategic initiative aims to empower businesses in emerging markets by offering more accessible capital solutions through blockchain technology, circumventing the typical issues and high interest costs often encountered with traditional banking intermediaries.
Dominic Schwenter, CPO of Lisk, said,
“Lisk has consistently led the way in making blockchain technology accessible, focusing specifically on solving real-world problems in emerging markets.
“Integrating Obligate’s platform with Lisk not only promotes financial inclusion but also pioneers advanced solutions for RWAs (real-world assets) and OCAs (off-chain assets).
“This deployment is a crucial step towards our goal of introducing the next billion people to the Web 3.0 ecosystem.”
Benedikt Schuppli, co-founder of Obligate, said,
“Lisk layer-two’s design to support real-world applications and assets aligns perfectly with Obligate’s mission to offer secure and regulated blockchain solutions.
“Our partnership will provide robust, efficient and transparent financial options to the regions most in need, and we are eager to witness the positive impacts of our joint efforts.”
The deployment of Obligate on Lisk layer-two is particularly significant for its potential effects on RWAs.
By facilitating more straightforward and efficient capital access, Lisk layer-two and Obligate will assist businesses in leveraging their physical assets for funding, thereby fostering economic growth and stability.
This collaboration also capitalizes on Lisk layer-two’s technological strengths, including enhanced scalability and user experience, which are essential for adopting blockchain solutions in markets with varying degrees of technological infrastructure.
About Lisk
Lisk provides a cost-efficient, fast and scalable layer-two network that is secured by Ethereum.
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