Hivello and U2U Network collaborate to expand DePIN capabilities and passive earnings
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Blockmate Ventures has announced that its investee, Hivello Holdings has partnered with U2U Network to explore the distribution of U2U nodes within the Hivello ecosystem.
U2U’s architecture supports more than 17,000 transactions per second (TPS) per sharding, with testing demonstrating 500,000 TPS across the network and a finality time of just 650 milliseconds. The network already powers a range of applications in the Internet of Things and Artificial Intelligence spaces, industries that are increasing their demand for computing power.
By integrating with U2U, the partnership aims to use the Hivello network’s DePIN (Decentralised Physical Infrastructure Network) capabilities to bolster the U2U network’s supply while increasing the passive earning capacity of Hivello users who can offer their idle computing power to the ecosystem through the Hivello app.
Justin Rosenberg, the CEO of Blockmate Ventures, said, “The Hivello team continues to expand their partner network through opportunities like this partnership with U2U Network that highlights the global demand for DePIN as more users capitalise on the simplicity of the Hivello app that connects users with buyers of their computing power.
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