Zeeve Partners with The Binary Holdings to Revolutionize Web3 Integration in Telecommunications Sector
In a groundbreaking collaboration, Zeeve has teamed up with The Binary Holdings (TBH) to serve as the Rollup-as-a-Service provider for TBH’s new L2 rollup chain, utilizing Optimism’s OP Stack. This partnership aims to streamline Web3 integration within the telecommunications sector, catering to the next billion users.
With a massive user base exceeding 40 million, The Binary Holdings is a leading Web3 infrastructure provider across various sectors, including Telecommunication, BFSI, Gaming, and eWallet services, particularly in emerging markets.
The decision to select Optimism’s OP Stack was driven by its developer-friendly environment and Ethereum compatibility, simplifying the integration of decentralized applications (dApps). This strategic choice is expected to leverage the scalability and reduced operational costs provided by Optimism, thereby enhancing the efficiency of services crucial for the growth of Web3 technologies in the telecommunications industry.
Zeeve’s role in this partnership will focus on providing a comprehensive suite of tools and integrations to facilitate the seamless deployment, management, and operation of TBH’s OP StackChain. This includes a specialized RaaS dashboard for efficient monitoring and operation, along with tailored tools such as the customized explorer TraceHawk, user interfaces for bridges, and faucets for test networks.
The collaboration also emphasizes key features aimed at optimizing the performance and security of TBH’s L2 chain, including rapid and compliant setup procedures, enterprise-level security measures adhering to ISO 27001, SOC 2, and GDPR standards, dedicated monitoring systems with proactive alerting, and 24/7 support guaranteed by a 99.9% uptime SLA.
Sankalp Sharma, Co-founder and VP of Engineering at Zeeve, expressed excitement about supporting The Binary Holdings in pioneering new Web3 solutions in the Telecom sector. Manit Parikh, CEO at The Binary Holdings, highlighted the importance of integrating Optimistic Rollup technology to deliver scalable and cost-efficient services.
The partnership is also set to enhance the utility of $BNRY, TBH’s native gas token, fostering a vibrant native economy and reducing barriers for telecommunications companies adopting Web3 functionalities. By providing infrastructure that supports high transaction throughput at reduced costs, TBH aims to enable a smoother Web3 transition for telecommunications companies, fostering opportunities for innovation, increased user engagement, improved security, and decentralized services.
This collaboration marks a significant step towards revolutionizing Web3 integration in the telecommunications sector, setting the stage for enhanced services and increased user engagement in the industry.
