Delchain Joins Aleph.im Network To Strengthen DeFi Landscape

Digital asset financial services provider Delchain has launched its core channel node on aleph.im to provide storage resources to assist dApps and protocols navigate towards a fully decentralized architecture and replace the centralized components.

Delchain is a licensed Financial Corporate Service Provider, regulated by the Securities Commission of The Bahamas with offices in The Bahamas and Singapore. Delchain provides a full suite of financial services to support blockchain institutions and high net worth clients, including: Fiat banking, Capital markets, Advisory, Staking, and Digital asset custody.

The aleph.im network infrastructure is custom-built for the DeFi ecosystem, as it provides secure storage and computing to decentralized applications of all chains to help them become fully decentralized. And with recent talks around the use case of blockchain nodes for banks, financial institutions are on the lookout for infrastructure providers they can work with and support to grow their transactional abilities.

“Aleph.im is very excited to host the Delchain node, and to have their support in validating and securing the network,” said Moshe Malawach, aleph.im Lead Developer and Chief Executive Officer. “Having well-established firms like Delchain operating nodes within our network not only furthers our mission of helping dApps achieve a fully decentralized architecture, but also establishes aleph.im as a major force in the blockchain space, and a viable solution for projects navigating the DeFi and Web 3.0 movements.”

Following aleph.im’s December unveiling of the Node Staking and Incentivization program on the aleph.im network, core channel node operators share a reward pool of 15K ALEPH tokens per day for running these nodes. Operating a core channel node on the aleph.im network ensures rewards for the node operator even if no storage resources are used.

“This is very exciting for the Delchain team,” said Delchain CEO, Bruno Macchialli. “Supporting aleph.im’s node infrastructure not only allows us to actively support the decentralized ecosystem, but to also facilitate full decentralization across the space. Working with aleph.im is a mutually beneficial decision, and one we anticipate will drive the DeFi space to new heights.”

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