Sign launches a sovereign Layer2Stack based on the BNB Chain to support the development of national stablecoins and infrastructure.

This article is machine translated
Show original

On November 21, Sign, a sovereign digital infrastructure service provider, announced the launch of "Sign Sovereign Layer 2 Stack". Built on BNB Chain and opBNB Stack, this solution aims to assist governments in rapidly deploying secure and compliant national stablecoins and sovereign blockchain infrastructure within weeks.

The Sign Sovereign Layer 2 Stack combines the high performance of opBNB with the liquidity of the BNB Chain, possessing the following four core characteristics:

Digitalization of National Assets: Supports the tokenization and on-chain management of real-world assets (RWA) such as government bonds, land registrations, and natural resources;

Optimized stablecoin solutions: Provides gas-free stablecoin transfers, flexible fee waiver policies, and a scalable distribution system;

Native access control: Implement transaction interception and compliance control based on the government's dynamic sanctions list directly at the sequencer level;

DID Ecosystem Integration: Built-in native proof and decentralized identity (DID) solutions support identity-based application development.

Sign stated that the architecture allows governments to retain sovereign control over transaction processing while leveraging the ecosystem liquidity of BNB Chain, aiming to establish BNB Chain as the preferred settlement layer for global sovereign infrastructure and stablecoins.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments