AIOZ W3S Success Stories: BeL2
We would like to welcome you to Episode 5 of the "AIOZ W3S Success Stories", a groundbreaking series created to spotlight projects that are currently utilizing AIOZ Network's innovative DePIN storage on the W3S service.
AIOZ Web3 Storage (W3S) is a highly versatile Object Storage Infrastructure powered by 180,000+ AIOZ DePIN nodes, delivering the benefits of reliable, distributed, and scalable cloud object storage at an affordable cost.
In this episode, we introduce a special use case of AIOZ W3S featuring @Be_Layer2, a fully decentralized clearing network for native BTC DeFi, enabling advanced financial applications directly on the Bitcoin mainnet.
Let's dive in:
BeL2 enables the creation of Native Bitcoin DeFi applications such as swaps, lending, and stablecoin issuance executed on Layer 2s backed by Native Bitcoin through the innovative use of ZK proof (ZKP) protocols.
Their vision is to release a value of over $1 trillion in native Bitcoin, which currently remains dormant, to generate opportunities, value, stability, and growth through a new, decentralized financial system.
The BeL2 ecosystem has been rapidly developed, including the loan app upgrade, allowing BTC holders to use their BTC as collateral for loans in USDT while keeping BTC on the main network, and Elastos’ BIT Index launch, releasing research into the expectations around BTC globally.
Recently, the BeL2.org website, powered by W3S, has been updated to reflect the Native Bitcoin DeFi vision.
The integration with AIOZ W3S enables BeL2 users to draw on DePIN storage, backed by high levels of user-controlled access, security, and integrity.
A crucial factor behind this decision is the genuinely decentralized nature of AIOZ Network; user integrity and control are maintained, even at scale – without the intervention of intermediaries or third parties in the process.
Why is this important?
Native Bitcoin has the potential to facilitate direct agreements between parties for services, access, products, or experiences.
As the volume and variety of these relationships evolve, so will the requirement for storage capacity that complements (rather than compromises) the benefits of decentralization.
AIOZ Network not only shares this vision - the provision of W3S, powered by 180,000+ DePIN nodes, enables BeL2 to deliver it cost-effectively and at scale.
So that's a wrap for the 5th episode in the AIOZ W3S Success Stories featuring BeL2!
We welcome more innovative projects to join us in the success stories of AIOZ W3S, a one-size-fits-all solution for all your object storage needs.
Get started here => https://w3s.aioz.network/
About the AIOZ Network
AIOZ Network is a DePIN for Web3 AI, Storage, and Streaming.
AIOZ empowers a fast, secure, and decentralized future.
Powered by a global community of AIOZ DePIN, AIOZ rewards you for sharing your computational resources for storing, transcoding, and streaming digital media content and powering decentralized AI computation.
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