Ankr Expands DePIN Network and Welcomes New Partners

Ankr, a trailblazer in Decentralized Physical Infrastructure Networks (DePIN), is making waves in the blockchain industry with its latest announcement. The company is embarking on a significant expansion of its network through strategic collaborations with leading Ultra Sound Infrastructure providers.

Since its establishment in 2017, Ankr has been at the forefront of DePIN development, pioneering an innovative approach to democratize the internet and forge a more resilient Web3 infrastructure. Today, Ankr’s commitment to enhancing performance and decentralization brings forth a myriad of benefits, including increased node availability, access to high-performance archive nodes, and extended geographic coverage to bridge gaps in node resources.
“As pioneers in the DePIN landscape, we’re thrilled to broaden the availability of high-performance decentralized nodes through our Ultra Sound Infrastructure network.”

Stanley Wu, Co-founder & CTO of Ankr
“Moving forward, we will continue to cultivate a cohesive DePIN experience for all network participants,” added Stanley.

The addition of seven new partners, including IoTex, Gateway, Storj, Clover, Tencent Cloud, Mind Heart Soul, and Ankr Labs, marks a significant stride in decentralizing Ankr’s network. This expansion not only fortifies the infrastructure but also enhances support for on-chain AI and various other innovative use cases, underscoring Ankr’s commitment to meeting the evolving needs of the blockchain community.

Ankr Elevates Web3 with DePIN Expansion

Ankr’s DePIN plays a pivotal role in serving the burgeoning needs of the Web3 ecosystem, facilitating seamless interactions between decentralized applications (dApps), developers, and enterprises across diverse blockchains.

Through its robust network of nodes, Ankr ensures reliable performance for transactions, wallet balance queries, and smart contract executions via RPC requests, with enhanced core RPC services thanks to collaborations with major cloud providers like Tencent Cloud.
This expansion guarantees amplified performance for Ankr’s RPC service customers, offering increased accessibility of nodes, utilization of high-performance archive nodes, broader geographic coverage, and unmatched speed, reliability, and efficiency across the network.
Moreover, Ankr’s infrastructure supports on-chain AI applications by providing high-performance computing, data availability, and integrity, thereby enabling AI applications in predictive analytics, automated decision-making, and natural language processing directly on the blockchain.

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Beyond AI, Ankr’s global node infrastructure supports a wide range of use cases, including Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), gaming, metaverse experiences, and Decentralized Autonomous Organizations (DAOs).

Empowering Web3 with the ANKR Token

The ANKR token, an integral component of the Ultra Sound Infrastructure program, sees expanded utility as the exclusive payment method for accessing the highest tier of infrastructure, including archive nodes. This enhancement solidifies the ANKR token’s critical role in Web3 operations, serving as a “gas” payment for multi-chain infrastructure and providing access to top-quality Web3 infrastructure.

With these strategic partnerships, Ankr embarks on the next phase of its global infrastructure expansion, aiming to further decentralize the web and make high-quality, distributed network resources universally accessible. This initiative not only extends Ankr’s reach but also calls upon stakeholders across the Web3 space to contribute to building a decentralized, secure, and efficient digital future.
“At IoTeX, our mission is to build a modular ecosystem where projects can easily develop DePIN initiatives. This partnership with Ankr will provide a new set of tools for DePIN builders, enabling the seamless development of projects.”

Qevan Quo, CTO of IoTex
Ankr remains committed to continuous growth and laying the groundwork for the sustainable development of a decentralized internet. With the introduction of new DePIN partners, Ankr looks forward to expanding its high-quality distributed network and invites those interested in joining this revolutionary journey.

About Ankr

Ankr is an all-in-one Web3 developer hub that provides a full suite of tools to build Web3 apps and power them with high-performance connections to 46+ blockchains, leveraging idle cloud computing resources globally. As the approved infrastructure partner for building dedicated L2 rollups and sidechains on ecosystems like Optimism, zkSync, BNB Smart Chain, Polygon, and Avalanche, Ankr simplifies blockchain development for all use cases. A

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nkr creates new blockchains for projects while satisfying every requirement for infrastructure and engineering, such as validators, RPC nodes, block explorers, testnets, staking platforms, and more, for completely custom blockchain solutions.

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