Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Search
Close this search box.
Akasha

Akasha Launches Layer 0 Blockchain for Web3 & Finance

 Akasha proudly announces the launch of its groundbreaking Layer 0 blockchain, AK1111, designed to redefine blockchain interoperability and revolutionize the digital financial ecosystem. Developed over six years by an expert team of 60 senior blockchain engineers, Akasha is poised to eliminate complexities in crypto transactions and drive mainstream adoption.

Financial Technology Insights: Temenos Unleashes On-Premises GenAI for Banking with NVIDIA

Akasha serves as a seamless interoperability layer, effortlessly bridging Web1, Web2, Web3, and traditional financial systems. The technology mirrors the universal life force concept, connecting diverse digital ecosystems and enabling secure, verifiable transactions without intermediaries.

“Crypto doesn’t have to be complicated,” states Akasha’s development team. “Our mission is to simplify blockchain usage, ensuring even the most inexperienced users can effortlessly send and receive digital assets. Whether it’s Bitcoin, Ethereum, or traditional fiat, Akasha connects them all.”

Akasha’s innovative utility token, AK1111, is at the heart of this ecosystem. Available on Baseswap, Ultronswap, and via swaps on MetaMask, AK1111 facilitates seamless transactions across different blockchains, already achieving an impressive all-time high price of $3.57 and a liquidity peak of $7.5 million. With over 60,000 organic token holders, community-driven growth underscores Akasha’s early success.

Financial Technology Insights: Paxos to Acquire Finnish E-Money Institution Membrane Finance

In addition to its groundbreaking blockchain technology, Akasha introduces its unique Super Nodes program, providing significant passive income opportunities. Node holders can earn between 5% to 12% monthly passive income for a decade by participating in Akasha’s robust transaction network, funded directly from the ecosystem’s transaction fees.

Financial Technology Insights: SBI Digital Markets, UBS, Chainlink Complete Pilot for Smart Contract Fund Admin

Akasha’s ambitious roadmap features continual ecosystem enhancements, rolling out innovative features bi-weekly to ensure the platform remains at the forefront of blockchain interoperability.

To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com

Source – Businesswire

Share With
Contact Us
StatCounter - Free Web Tracker and Counter