Bison Trails will collaborate with Volt Capital to “be able to secure Celo”

Bison Trails announced last Tuesday, May 25, through its Twitter account, its collaboration with Volt Capital to “be able to ensure Celo by betting on its community”.

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Image about Bison Trails posting on Twitter

“Bison Trails (https://bisontrails.co/), the leading blockchain infrastructure platform as a service company, announced a collaboration with Volt Capital to enable secure participation in the Celo network, a mobile-first proof of stake. (PoS) blockchain network. Volt Capital is an early-stage venture company that recently revealed a $10 million fund to invest in crypto services for end users, infrastructure and open finance”, he said through an article published on the Medium platform.

The company explained that TD Labs, a subsidiary of Volt Capital, has been involved in Celo Network since testnet and its validator have approximately four million votes to participate in Celo Network. As part of the collaboration, Bison Trails indicated that it would run the Celo validation node for Volt Capital, allowing the Volt Capital community to bet on CELO, earn participatory rewards and support network growth. “The Bison Trails node infrastructure allows delegates to bet easily and is built to the highest standards of security and reliability”, he added.

Joe Lallouz, CEO of Bison Trails, said that “Bison Trails is committed to growing the crypto ecosystem and innovative networks like Celo (…) We are excited to work with Volt Capital to advance that mission by providing a safe and secure engagement experience. no hassle on the Celo network for your community”.

It should be noted that Celo is an open-source platform that makes financial tools accessible to anyone with a mobile phone.

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“The novel proof-of-stake network is ultra-lightweight and has the built-in ability to support stablecoins such as Celo Dollars (cUSD) and Celo Euros (cEUR), opening up use cases for decentralized personal payment applications. Today, there are thousands of organizations and individuals developing, growing and governing Celo. The network is powered by CELO, a government and public service asset for the Celo community, which has a fixed supply and a variable value. With CELO, users can contribute to the governance and future of the Celo network”, commented the company.

For his part, Mohamed Fouda, partner of Volt Capital, highlighted that “the Celo community has grown constantly and we have been actively working with projects that are developing simple tools to allow a better financial commitment with Celo to deliver the long-term vision of the draft. Having the right infrastructure provider is key to helping innovative networks like Celo grow, scale and securely attract participants. We look forward to continuing to work with Bison Trails and expanding our collaboration to other networks”.

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