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Obligate Partners with Lisk for Blockchain Accessibility

obligate partners lisk for blockchain accessibility

Obligate prepares for its forthcoming deployment on the Lisk network, a Layer 2 solution within the Optimism Superchain, aiming to enhance blockchain accessibility and adoption. This collaboration seeks to tackle challenges in emerging markets by expanding access to decentralized financial services.

Utilizing Lisk’s Network

Obligate will leverage Lisk L2’s network recognized for its efficiency, speed, and scalability ensured by Ethereum within the Optimism Superchain. The objective is to empower businesses in emerging markets with more accessible capital solutions through blockchain technology, bypassing typical issues and high interest costs associated with traditional banking intermediaries.

Leaders in Blockchain Accessibility

Lisk has consistently championed blockchain accessibility, particularly focusing on addressing real-world issues in emerging markets. Dominic Schwenter, CPO of Lisk, emphasized the significance of integrating Obligate’s platform with Lisk, promoting financial inclusion and pioneering advanced solutions for real-world and off-chain assets.

Alignment of Mission

Benedikt Schuppli, co-founder and CBDO of Obligate, highlighted the alignment between Lisk L2’s design and Obligate’s mission to provide secure and regulated blockchain solutions. The partnership aims to deliver robust, efficient, and transparent financial options to regions most in need, fostering positive impacts through joint efforts.

Impact on Real-World Assets

The deployment of Obligate on Lisk L2 holds particular significance for its potential effects on real-world assets. By facilitating simpler and more efficient capital access, this collaboration is poised to assist businesses in leveraging their physical assets for funding, thereby fostering economic growth and stability.

Technological Advancements

This collaboration capitalizes on Lisk L2’s technological strengths, including enhanced scalability and user experience, crucial for adopting blockchain solutions in markets with varying degrees of technological infrastructure.

Web3 Accessibility

Lisk, as a Web3 infrastructure project, has been democratizing blockchain accessibility globally since 2016, focusing on solving local problems in emerging markets by introducing solutions around real-world assets, off-chain assets, and DePIN onchain. As a member of the Optimism Superchain, Lisk contributes to onboarding the next billion people to Web3.

Regulatory Compliance

Obligate AG, a member of VQF, a Swiss FINMA regulated AML SRO, and a financial intermediary, stands at the forefront of institutional adoption in on-chain capital markets. It provides a secure, transparent, and regulatory-compliant platform for the issuance, trading, and lifecycle management of debt instruments natively issued on the blockchain.

Institutional Standards

Obligate’s platform, with its unique architecture featuring proprietary eNotesTM, meets the complex needs of institutional investors while lowering barriers of entry for issuers by providing efficient access to multilateral financing. It demonstrates a commitment to meeting institutional standards through advanced DLT-legislation, comprehensive dispute resolution framework, and global enforceability of debt securities.

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