ZettaBlock and Stellar Partner to Boost Web3 Development

23 June 2024

in XLM

Reading Time: 3 mins read

ZettaBlock partners with Stellar to enhance Web3 development with advanced data and analytics tools.
The collaboration aims to make blockchain development more accessible and efficient for developers globally.

ZettaBlock, a Web3 data infrastructure platform of institutional grade and market leader, is pleased to announce a new partnership with the Stellar Development Foundation.

With the help of this connection, developers can easily and quickly build robust data-driven applications on Stellar rather than just any Web3 application, hence redefining the blockchain development scene.

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Data-driven innovation meets Stellar’s speed & performance… this collab is a game-changer for blockchain devs. Build better on Stellar. https://t.co/nDx3R4x5Sy

— Denelle Dixon (@DenelleDixon) June 21, 2024

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Shared Vision for a More Accessible Blockchain Space

Together, ZettaBlock and the Stellar Development Foundation want to increase developer access to and power of the blockchain ecosystem, therefore creating new opportunities for the worldwide operation of financial systems. This alliance provides the resources and assistance required to develop genuinely efficient and scalable apps.

“SDF is excited to work with ZettaBlock to give our community more intelligence tools to build best-in-class dapps,” stated Justin Rice, Vice President of Ecosystem at Stellar Development Foundation. He added:

“We are dedicated to making Stellar the best network available for developers to build on, and this partnership with ZettaBlock advances this goal.”

By combining Stellar’s powerful network for financial transactions with ZettaBlock’s sophisticated indexing, real-time data, and analytics capabilities, this integration looks to completely change how developers create and operate dapps.

With the capacity to easily link with private data sources and rich, useful on-chain data, both historical and real-time, developers now have access to a fully controlled backend.

Developers can quickly build bespoke APIs using ZettaBlock that are suited to their particular business requirements or dapp logic.

Now that they can create GraphQL endpoints from SQL queries with a single click and without having to worry about infrastructure costs, developers may introduce their cutting-edge apps to the Stellar community over 90% faster.

Stellar’s Current Market Position

At the time of writing, XLM was valued at about $0.09135, down 0.16% in the previous day, according to CoinMarketCap data. Furthermore, with a decline of 6.98% over the last seven days, this indicates a bearish position.

Even with this slump, Stellar’s continuous projects and partnerships—like CheesecakeLabs recent donation to relief operations in Brazil—showcase its enduring influence and applicability in the blockchain space, as Crypto News Flash had earlier detailed.

“We are really excited to work with Stellar,” ZettaBlock CEO and co-founder Chi Zhang stated. “Our shared commitment to releasing blockchain data’s full potential for everyone is mirrored in this partnership. The creative solutions that developers on Stellar will build with our all-inclusive data platform excites us.”

As this collaboration develops, ZettaBlock and the Stellar Development Foundation pledge to spearhead the next generation of blockchain innovations by making sure that the infrastructure and tools required are strong and easily available.

By working together, a new age of effective, data-driven blockchain apps is expected to open up, enabling developers to push the limits of what is feasible in the Web3 ecosystem.