Arbitrum could become the leading scalability solution for Ethereum, promoting the adoption and expansion of this blockchain ecosystem in Asia.
In September, during the Permissionless II conference, Vitalik Buterin, co-founder of Ethereum, highlighted the important role that Asia is playing in the development of the blockchain network. He pointed that developer communities in the region are becoming increasingly involved in building Ethereum and its blockchain ecosystem, making Asia the new center of its development and innovation.
Now, Ethereum scaling solution Arbitrum wants to reinforce this participation, allowing the Asian developer community to play a more active role in building the network.
Recently, Arbitrum partnered with Seoul-based blockchain and Web3 consulting firm DeSpread with the aim of expanding the Ethereum blockchain ecosystem in the region.
Fostering the growth of the Ethereum developer community in South Korea
In a release, DeSpread highlighted that its strategic alliance with Arbitrum is focused on grow the blockchain developer community in South Korea. The company will take a series of actions to pave the way for the prominence of the Arbitrum network in the South Korean market.
The blockchain consulting firm explained that through different initiatives focused on comprehensive education about Arbitrum, as well as comprehensive programs, development guides, and research content, it will promote knowledge about this blockchain ecosystem, in order to eliminate the linguistic and cultural barriers that exist for local developers. In this way, it will also accelerate the construction of new projects and applications based on Arbitrum and Ethereum.
Arbitrum is currently one of the most important L2 networks for the growth of the Ethereum ecosystem, as it efficiently addresses the challenges associated with the scalability of this blockchain, ensuring wider adoption.
Accelerating Ethereum Adoption
In addition to fostering growth and building a strong blockchain developer community in the country, Arbitrum and DeSpread will also work together on accelerate the adoption of Ethereum at the enterprise levelThe company said it will focus on “creating a collaborative environment with Arbitrum for local companies seeking to adopt blockchain technology.”
Nina Rong, Director of Ecosystem Development at Arbitrum Foundation, believes that the partnership with DeSpread is key to achieving its goal of establishing itself as the leading L2 ecosystem for Ethereum and expanding the network’s presence in the South Korean market. Rong also noted that through the company, she will be able to develop solutions that improve Ethereum’s scalability and efficiency.
Jeff Kim, director and head of business strategy at DeSpread, said the strategic alliance can help cultivate a more prosperous blockchain ecosystem in South Korea that encourages innovation and technological development.
Overall, this agreement between two leading blockchain industry projects seeks to combine experiences and expertise to deliver solutions that will fully unleash the potential of Web3 in the South Korean market.
The initiatives to be developed will boost developer activity and mass adoption of blockchain, helping to build a more vibrant ecosystem that enhances Korea’s position as a major hub for innovation. Through its 3ridge platform, DeSpread will also encourage new users to participate in the solutions offered by the Arbitrum network.
In addition to this alliance, DeSpread has also joined Stacks, the smart contract solution based on the Bitcoin blockchain, with the aim of bringing Bitcoin's innovative infrastructure to Asia and spreading the culture of this network, currently the most powerful in the world, throughout the region.
Continue reading: Asia is increasingly participating in the development of Ethereum, noted Vitalik Buterin
