This post was originally published on Coinspeaker
Samsung Next will be part of the Soneium Spark Incubation Program by Startale Labs and support a community of creators and builders poised to shape the future of Web3.
Samsung Next, the investment arm of South Korean giant Samsung, announced its investment in Startale Labs, which has recently entered into a partnership with Japanese tech giant Sony to build Sony’s blockchain Soneium.
In its official press release, Samsung said that the rise in the digital economy requires moving beyond centralized systems that face security vulnerabilities, transparency issues, as well as barriers to entry for new participants. On the other hand, Samsung sees huge opportunity decentralized Web3 ecosystem that offers an open, secure, and equitable digital infrastructure.
But Samsung said that although these systems address the growing need for trustless transactions, platform interoperability, and digital asset ownership, the challenge remains in making these advanced technologies accessible for widespread adoption.
The Korean tech giant acknowledged the role played by Startale Labs in the adoption of Web3 by offering necessary tolls and infrastructure in building a decentralized future. Their offerings, including the Astar Network, Soneium, and Startale Cloud Services, help simplify the development and deployment of decentralized applications (dApps)
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