#France #Web3 #Cannes #Tokenization #Dual

Dual Launches Game-Changing Web3 Infrastructure for Programmable Assets

In an inspiring presentation at ETHCC held in Cannes, Dual emerged as the new frontier for a platform that has significantly contributed to large-scale tokenized applications serving global enterprises. With almost a decade's worth of experience in production deployments, Dual now seeks to open its infrastructure initially crafted for enterprises to a wider realm of developers, teams, and partners. This transformative platform empowers the development and management of programmable assets across both physical and digital ecosystems.

Reeve Collins, who is not only the co-founder of Dual but also the former CEO of Tether, emphasized the platform's goals, stating, "We built Tether to tokenize the dollar. It became a $185 billion asset. Dual aims to make everything else programmable, allowing hundreds of trillions in assets to adopt rules, identity, and logic of their own." This vision marks a new era—the programmable economy.

Transition from Proven Infrastructure to Open Access

Since the introduction of programmable tokens in 2017, Dual has facilitated the deployment of over 50 million tokens while providing a substantial onboarding of users into the Web3 space. Notably, this includes more than 11.5 million unique wallets created over time. Through collaborations with major companies like Visa, PepsiCo, Unilever, and the Olympic Games, Dual has successfully powered various tokenized programs through its partnership with Smart Media Technologies.

According to Lukas Fluri, co-founder and CEO of Dual, the next evolution of the internet will be heavily influenced by programmable assets and autonomous systems. He stated, "Dual takes what has been successfully implemented at the enterprise level and makes it accessible for anyone eager to build the next generation of applications."

A Comprehensive Infrastructure for the Programmable Economy

Dual offers a seamless system for issuing, verifying, and orchestrating programmable assets throughout real-world ecosystems. Instead of compelling teams to construct intricate blockchain infrastructures from the ground up, Dual presents an organized development environment comprising pre-built modules and standardized components. This innovative approach allows developers to concentrate on crafting application logic, thereby relying on established systems for security, scalability, and execution.

As a result, the platform provides an accelerated and more dependable route from concept to production, particularly for complex tokenization projects demanding high levels of performance and reliability.

Use Cases Include:

• - Real-world asset tokenization
• - Loyalty and rewards systems
• - Digital product passports
• - Certifications and compliance
• - Emerging agent-driven applications

By simplifying the architecting and deployment of tokenized systems, Dual makes this arena accessible to many, which previously required significant technical proficiencies.

Designed for Developers and AI Agents

A hallmark of Dual’s ecosystem is its framework tailored for AI-driven development. Applications can be constructed using secure, production-grade modules, allowing AI agents to engage directly with the protocol for the creation and management of programmable assets without the necessity of writing raw smart contract code. This strategy reduces risks while fostering a more reliable environment for building tokenized systems.

As AI-assisted development gains traction, the intricacies of creating secure tokenized applications have continued to pose challenges. Dual counters this trend by establishing a controlled framework that allows both developers and AI agents to collaborate and innovate securely. This approach widens access beyond specialized teams, enabling a diverse range of builders to contribute to the creation of programmable applications.

The Role of the DUAL Token

At the heart of this technological marvel lies the DUAL token, which functions as the economic backbone of the network. It fuels protocol operations, transaction fees, staking, and governance. As the activity on the platform escalates, the value of the token becomes intricately linked to network functions, making both usage and participation inherently interconnected.

Launched on Kraken and accessible on decentralized exchanges as of March 31, the DUAL token not only bridges centralized and decentralized markets but also solidifies its standing within the burgeoning world of tokenization.

About Dual

Dual serves as a protocol aimed at the issuance, verification, and orchestration of tokenized programmable assets throughout real-world ecosystems. It provides enterprise-grade infrastructure designed to sustain scalable tokenized applications, now made available to developers, teams, and partners across the globe.

For additional details, interested individuals can visit dual.org.