NTT DATA Collaborates with Horizen to Enhance Security of EON Blockchain

11:02 pm
September 28, 2023

Summary:

NTT DATA, a leading IT service provider and global innovation partner, is deploying a Horizen EON blockchain Certificate Signer Node on the NTT DATA infrastructure. This collaboration aims to strengthen the security and robustness of the Horizen EON network. With the addition of NTT DATA, the Horizen EON blockchain now has a total of 47 certificate signer nodes.

NTT DATA Deploys a Horizen EON Node

In a recent blog post, the Horizen team announced that NTT DATA will be deploying a Horizen EON blockchain Certificate Signer Node on their infrastructure. NTT DATA, known for its IT expertise and global presence, will contribute to the credibility and security of the Horizen EON network. This collaboration highlights NTT DATA’s commitment to supporting the growth of public blockchain ecosystems.

The Horizen EON is a sidechain and smart contract platform that is EVM-compatible. It is built with Zendoo, a powerful cross-chain transfer protocol with zero-knowledge capabilities. This blockchain enables developers to build decentralized applications (dApps) and access the Horizen ecosystem.

Francisco Spadafora, Head of Blockchain Competence Center EMEAL at NTT DATA, expressed his enthusiasm for this collaboration by stating, “This is the first of several other initiatives we would like to launch with the crypto industry, and we are happy to have taken this important step with Horizen, in which we strongly believe and with which we plan to undertake other joint actions to offer blockchain-based solutions to our clients.”

Horizen EON Blockchain Strengthens with 47 Certificate Signer Nodes

With the addition of NTT DATA, the Horizen EON blockchain now boasts a total of 47 certificate signer nodes. These nodes play a critical role in ensuring the credibility and decentralization of the EON chain’s transactions. Additionally, the signer nodes facilitate the signing of backward transfer requests, enabling the flow of ZEN tokens from the EON chain to the Horizen mainchain.

NTT DATA is an IT services provider and global innovation partner headquartered in Tokyo, with operations in over 50 countries. Their collaboration with Horizen highlights their dedication to supporting the growth of public blockchains and providing scalable solutions.

Frequently Asked Questions (FAQ)

What is NTT DATA?

NTT DATA is a prominent IT service provider and global innovation partner. They offer a range of services and solutions that enable organizations to enhance their digital capabilities and drive innovation.

What is Horizen EON?

Horizen EON is a sidechain and smart contract platform that is EVM-compatible. It is built with Zendoo, a powerful cross-chain transfer protocol. EON allows developers to build decentralized applications (dApps) and access the Horizen ecosystem.

What is the role of the certificate signer nodes in the Horizen EON blockchain?

The certificate signer nodes in the Horizen EON blockchain are responsible for providing credibility to transactions on the EON chain and ensuring decentralization. They also facilitate the signing of backward transfer requests, enabling the flow of ZEN tokens from the EON chain to the Horizen mainchain.

What does the collaboration between NTT DATA and Horizen mean for the blockchain industry?

This collaboration signifies NTT DATA’s commitment to supporting the growth of public blockchain ecosystems. It also highlights the industry’s recognition of the importance of collaboration and partnerships in driving innovation and providing blockchain-based solutions to clients.


Share:

More in this category ...

1:22 am December 2, 2023

Terraform Labs and SEC lawyers spar over whistleblower in court: Report

Featured image for “Terraform Labs and SEC lawyers spar over whistleblower in court: Report”
9:18 pm December 1, 2023

SEI, TIA, and Bittensor lead altcoins surge; Everlodge brings Airbnb opportunities to web3

8:08 pm December 1, 2023

Types of enterprise resource planning (ERP) systems

6:27 pm December 1, 2023

Searching for Extraterrestrial Life: The Quest for Alien Signals and Habitable Planets

2:06 pm December 1, 2023

Illuvium Teams Up with Team Liquid to Introduce Blockchain Game to the Masses

1:25 pm December 1, 2023

Shiba Inu Sees Massive $300 Billion Transfer

Featured image for “Shiba Inu Sees Massive $300 Billion Transfer”
10:57 am December 1, 2023

Demystifying Algorand Smart Contracts: A Comprehensive Guide for Beginners

8:27 am December 1, 2023

Rallying troops against cybercrime with QRadar SIEM

6:53 am December 1, 2023

On-chain debt securities platform Obligate launches on Base

3:22 am December 1, 2023

The Rise of NEO: Unveiling China’s Revolutionary Blockchain Platform

1:19 am December 1, 2023

Asia Express – Recent Developments in East Asian Crypto Markets

Featured image for “Asia Express – Recent Developments in East Asian Crypto Markets”
11:41 pm November 30, 2023

Injective surges after latest burn auction and OKX listing

8:48 pm November 30, 2023

6 climate change adaptation strategies every organization needs today

7:51 pm November 30, 2023

The Evolution of Dash: From XCoin to Digital Cash Pioneer

4:28 pm November 30, 2023

Alchemy Pay Brings New Crypto Payment Options to Europe and the UK

1:22 pm November 30, 2023

Anonymous Buyer Acquires Bitcoin (BTC) Worth $424M Amid ETF Speculations

Featured image for “Anonymous Buyer Acquires Bitcoin (BTC) Worth $424M Amid ETF Speculations”
12:20 pm November 30, 2023

Securing Your Monero: Best Practices for Wallets and Transactions

9:15 am November 30, 2023

New altcoin steals the show as Bonk surges on KuCoin listing and Dogecoin’s on-chain rises

Featured image for “New altcoin steals the show as Bonk surges on KuCoin listing and Dogecoin’s on-chain rises”
9:09 am November 30, 2023

How blockchain enables trust in water trading

4:49 am November 30, 2023

Zcash’s Shielded Pools: Enhancing Privacy with Shielded Transactions

2:01 am November 30, 2023

IOTA announces $100 million Ecosystem DLT Foundation in the UAE

1:19 am November 30, 2023

AI Eye – Cointelegraph Magazine

Featured image for “AI Eye – Cointelegraph Magazine”
9:26 pm November 29, 2023

Real-time artificial intelligence and event processing  

9:19 pm November 29, 2023

NEM vs Ethereum: Comparing Two Leading Smart Contract Platforms

6:44 pm November 29, 2023

SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives

1:47 pm November 29, 2023

TRON vs. Ethereum: Analyzing the Differences and Similarities

1:22 pm November 29, 2023

SEC Delays Fail To Stop BTC As Price Clears $38,000

Featured image for “SEC Delays Fail To Stop BTC As Price Clears $38,000”
11:32 am November 29, 2023

dYdX trading and launch rewards live after governance vote

6:17 am November 29, 2023

VeChain’s Impact on Sustainable and Ethical Business Practices

4:16 am November 29, 2023

Chainlink opens v0.2 staking with 45 million LINK