• Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
Facebook X (Twitter) Instagram
Trending
  • KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack
  • Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple
  • Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations
  • Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute
  • Yemenis are embracing DeFi in response to US sanctions on the Houthi group
  • Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst
  • Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support
  • Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’
Facebook X (Twitter) Instagram
CoinovelCoinovel
  • Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
CoinovelCoinovel
Home » Arianee, the luxury brand blockchain platform, sets its sights on expansion as it introduces L2 on Polygon.
Arianee, the luxury brand blockchain platform, sets its sights on expansion as it introduces L2 on Polygon.
Arianee, the luxury brand blockchain platform, sets its sights on expansion as it introduces L2 on Polygon.

Arianee, the luxury brand blockchain platform, sets its sights on expansion as it introduces L2 on Polygon.

0
By admin on 2024-02-22 Blockchain

Luxury brand blockchain infrastructure provider Arianee has developed a cutting-edge layer 2 platform on Polygon to enhance its digital product passport system used by various luxury brands and companies.
Since early 2023, Arianee has been working on optimizing the layer 2 technology, utilizing Polygon’s Chain Development Kit (CDK), which is powered by zero-knowledge proofs (ZK-proofs). Pierre-Nicolas Hurstel, the co-founder and CEO of Arianee, discussed the reengineered infrastructure in an interview with Cointelegraph. He explained that this new development allows brands and developers to create highly customizable, cost-effective, and high-performing digital passports and tokens that are connected to real-world products and assets.
Hurstel emphasized that they exclusively build on the Ethereum Virtual Machine (EVM) to cater to enterprise and scalable use cases. He noted that it is challenging and risky to build on layer 1 or even on the Polygon mainnet when aiming to provide a seamless and universally accessible service with predictable costs.
The CEO of Arianee stated that the company’s focus is on supporting brands that are involved in scalable, high-performance, and evolving projects. These brands require an environment that allows precise control over efficiency in terms of both costs and energy consumption.
Arianee’s native protocol token will be utilized for payments within the Polygon CDK application-specific chain (appchain), which is connected to the Aria20 ERC-20 token on the Ethereum mainnet. By launching the layer 2 appchain, brands will be able to introduce and manage their digital product passports and loyalty tokens.
Currently, Arianee serves as the infrastructure provider for over 40 luxury brands, including Breitling, Moncler, Yves Saint Laurent, and Lacoste. For instance, luxury watch brands like Breitling use the protocol to issue digital product passports that provide blockchain-based proof of ownership to their owners.
These digital passports are nonfungible tokens (NFTs) that offer customizable utility for their physical counterparts. Owners have complete ownership and control over their data and can interact with manufacturers to arrange product repairs, warranties, insurance, and other services.
Polygon’s CDK is expected to provide enhanced scalability and performance through its ZK-proof technology. Brands that use Ethereum’s ERC-721 token standard to issue NFTs and digital passports can integrate their existing infrastructure with Arianee’s protocol using the Polygon CDK.
Another advantage of the new layer 2 functionality is the provision of dedicated block space for individual applications on the protocol. This helps reduce the impact on user experience caused by high network activity. Additionally, Polygon’s scaling infrastructure reduces the operational costs associated with gas fees and smart contract execution for applications and services.
In February, Polygon released a new Type 1 prover, which enables ecosystem chains like optimistic rollups to unlock the layer 2 functionality of ZK-proofs. This open-source technology allows for the generation of ZK-proofs for mainnet Ethereum blocks at a minimal cost.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Yemenis are embracing DeFi in response to US sanctions on the Houthi group

Polygon’s Nailwal: The Jio Partnership Will Propel Real-World Web3 Adoption for 450 Million Users

Babylon’s Total Value Locked Decreases by 32% as Wallets Unstake $1.2B in Bitcoin

  • Popular
  • Latest
  • Hot comments
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

Latest Gallery

Latest Recommendations
2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

2025-04-18 Regulations Security

Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute

2025-04-18 Blockchain

Yemenis are embracing DeFi in response to US sanctions on the Houthi group

2025-04-18 Regulations Security

Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst

2025-04-18 Cryptocurrency

Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support

2025-04-18 News

Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’

2025-04-17 Blockchain

Polygon’s Nailwal: The Jio Partnership Will Propel Real-World Web3 Adoption for 450 Million Users

2025-04-17 Blockchain

Babylon’s Total Value Locked Decreases by 32% as Wallets Unstake $1.2B in Bitcoin

2025-04-17 Regulations Security

OpenAI pursued a deal with Anysphere prior to shifting its focus to WindSurf

2025-04-17 Analysis

Bitcoin Gold’s Imitation Strategy Could Surpass $150K as BTC Remains ‘Remarkable’

2025-04-17 Cryptocurrency

AI Tokens and Memecoins Dominate Cryptocurrency Narratives in Q1 2025: CoinGecko

2025-04-17 Cryptocurrency

Four Reasons Why the Price of Bitcoin Could Surge to $90,000 in April

2025-04-17 News

Trump Criticizes Powell for Delaying Interest Rate Cuts, Calling It ‘Too Late’

2025-04-17 News

Wyoming Commission Considers Whether Stablecoin Falls Under SEC Regulations

About
About

Coinovel is an enthralling novel of cryptocurrencies. Engage with narratives, delve into stories, and journey through the captivating world of digital currencies.

X (Twitter) Telegram
Popular posts
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

Copyright © 2025 coinovel. All rights reserved.
  • Home
  • Cryptocurrency
  • Blockchain
  • Regulations Security
  • Analysis
  • Insights
  • News
  • Getting Started

Type above and press Enter to search. Press Esc to cancel.