• ROVI Network has officially launched on Boba Network’s Boba BNB L2 Chain, the next-generation layer 2 scaling solution for Binance Smart Chain.
• This integration will enable ROVI Network to improve scalability and security of its ecosystem while providing users with fast and cost-effective transactions.
• Boba Network will also help leverage Hybrid Compute technology to make off-chain API calls and provide enriched experiences for decentralized applications.
ROVI Network Integration
ROVI Network, a Web3 powerhouse building infrastructure and platforms to bring Crypto to the daily lives of billions of users, has officially launched on Boba Network’s Boba BNB L2 Chain, the next-generation layer 2 scaling solution for Binance Smart Chain. This integration will enable ROVI Network to improve scalability and security of its ecosystem while providing users with fast and cost-effective transactions.
Improve Scalability & Security
The integration with Boba BNB enables ROVI to leverage the power of Hybrid Compute technology which brings the power of Web2 on-chain, with smarter smart contracts that allow developers to leverage off-chain compute and real-world data to deliver enriched experiences for decentralized applications. This helps ROVI improve scalability and security while providing users with fast transactions.
Boba BNB Ecosystem
Nitin Gupta, CEO of ROVi network said “We are thrilled to have launched ROVI Network on Boba BNB which is a significant milestone in our mission to provide a cost effective scalable and secure platform for our users” He further added “We needed a partner that could handle scale and still be secure and cost effective” A core contributor from Boba Networks said “We are delighted to welcome Rovis Networks into the Boohoo BNB Ecosystem”
Hybrid Compute Technology
The Hybrid Compute technology allows developers t make off – chain API calls which makes it more convenient for users as they can access more enriching experiences through their decentralized applications without compromising in terms of scalability or security.
Transaction Volume Growth
In March alone there were 587127 transactions on the Boohoo bnb layer 2 bringing total wallet addresses up by over one million per month which shows an increased transaction volume growth since its launch in July 2020 demonstrating its success in improving user experience