Zeeve Partners with The Binary Holdings to Launch Layer-2 Chain for Web3 Telecommunications Infrastructure

Zeeve partners with The Binary Holdings to enhance Layer-2 Chain infrastructure in telecommunication. As a roll-up-as-a-service provider, Zeeve will provide a suite of deployment tools to streamline operations, improve user onboarding, and ensure compliance with industry standards. This partnership empowers The Binary Holdings to deliver cost-effective and secure Web3 services, accelerating its mission to bring Web3 to the next billion users.

Zeeve Partners with The Binary Holdings to Launch Layer-2 Chain for Web3 Telecommunications Infrastructure

New Delhi, India – May 9, 2024 – Zeeve, a leading provider of Web3 infrastructure, has announced a partnership with The Binary Holdings (TBH), a specialist in Web3 infrastructure for emerging telecommunications markets, to launch a new Layer-2 (L2) rollup chain built on Optimism's OP Stack.

This partnership aims to facilitate seamless Web3 integration for the next billion users by leveraging the scalability, cost-effectiveness, and developer-friendly features of the OP Stack. The collaboration also marks a significant step towards empowering telecommunications companies with the infrastructure to adopt and integrate Web3 functionalities, fostering innovation and enhancing user engagement.

As an infrastructure partner, Zeeve is dedicated to equipping TBH with a comprehensive suite of tools and integrations for streamlined deployment, effortless management, and frictionless user onboarding for their OP StackChain. These advantages include:

• Rapid and compliant setup of the L2 OP Chain with stringent security standards.
• A dedicated Rollup-as-a-Service (RaaS) dashboard for efficient operations and monitoring.
• Essential tools such as TraceHawk explorer, bridge user interfaces, and faucets for test networks, complemented by third-party integrations aligned with TBH's strategic goals.
• Enterprise-grade security measures compliant with ISO 27001, SOC 2, and GDPR standards.
• Dedicated monitoring systems with proactive alerting and logging.
• Ongoing maintenance and updates to ensure the integrity and performance of the L2 infrastructure.
• 24/7 enterprise-grade support with a 99.9% uptime SLA.

Sankalp Sharma, Co-founder and VP of Engineering at Zeeve, expressed enthusiasm about the partnership: "The Binary Holdings joins our growing roster of ambitious projects leveraging Zeeve RaaS. We are excited to support their pioneering web3 solutions in the telecommunications sector."

Manit Parikh, CEO at TBH, highlighted the pivotal role of this collaboration: "Our partnership with Zeeve marks a transformative moment in our mission to enhance Web3 accessibility in telecom. We aim to provide scalable and cost-efficient services critical for Web3 growth. With Zeeve's robust tools and support, we ensure seamless L2 Chain deployment, ensuring compliance, security, and $BNRY's utility."

TBH will utilize $BNRY as the native gas token for its OP StackChain, promoting vibrant token utility and fueling a thriving native economy. This initiative aims to reduce barriers for telecommunications companies adopting Web3 by providing infrastructure that supports high transaction throughput at reduced costs.

By enabling a smoother Web3 transition for telecommunications companies, TBH fosters opportunities for innovation, increased user engagement, improved security, and the implementation of decentralized services.

About Zeeve

Zeeve is a leading provider of Web3 infrastructure, empowering developers and enterprises to build and deploy scalable, cost-effective, and secure blockchain applications. By offering a comprehensive suite of tools and services, Zeeve aims to accelerate the adoption and growth of Web3 technologies across various industries.

About The Binary Holdings

The Binary Holdings is a pioneer in Web3 infrastructure for emerging telecommunications markets, providing customized and interoperable solutions to empower telecommunications companies to adopt and integrate Web3 functionalities. TBH aims to bridge the gap between the traditional telecommunications sector and the growing Web3 ecosystem, fostering innovation and unlocking new opportunities for value creation.

About Optimism

Optimism is a leading Layer-2 scaling solution for Ethereum, enabling developers to build scalable, low-cost dApps while preserving the security and decentralization of the Ethereum network. The OP Stack, Optimism's flagship product, provides a comprehensive set of tools and infrastructure for building and deploying L2 applications.