New Partnership Alert 🚨: 5irechain Sustainability Driven Blockchain
We are excited to announce our partnership with 5ireChain to tackle the challenge of onchain Real World Assets #RWA and address global sustainability issues in line with the UN’s 2030 agenda for sustainable development. At the heart of 5ireChain is a native blockchain that shares a common goal with Phyken Network in promoting sustainable development. 5ireChain aims to integrate blockchain technology with sustainability, enabling the onchain representation of governments, institutions, and businesses operations in #RWA.
Phyken Network is bringing #RWAs and #GRWAs into the financial system, which has often faced challenges such as high entry barriers, lack of liquidity, and complicated management. However, with blockchain technology and smart contracts, we see a significant change in how these assets are handled and traded. This shift has been especially impactful for #GRWAs, enabling smaller investments in large environmental projects requiring much capital.
The partnership’s implications reach far beyond simple integration. As the tokenization space continues to expand and traditional finance sees increased adoption, our collaboration with 5ireChain perfectly aligns with our vision for the future. With 5ire serving as a Layer 1 chain for sustainability, Phyken Network is ready to facilitate the transition towards #GRWA tokenization within the 5ire ecosystem.
Empowering Tomorrow: Unleashing a Trillion-Dollar Economy in Green Real-World Assets through the Acceleration of Renewable Energy Transition
About 5ireChain
5ireChain is a layer-1 EVM compatible smart contract platform that focuses on developing a for-benefit blockchain ecosystem based on the Sustainable Development Goals (SDGs) defined by the United Nations (UN)
About Phyken Network
RWA tokenization and fractionalization protocol focused on bringing green and renewable energy assets on-chain.
