The highly anticipated Mainnet debut of KEETA, a blockchain project backed by former Google CEO Eric Schmidt, is set to take place on September 22nd. This launch will introduce a network that combines rare scale with a strong regulatory focus, aiming to facilitate seamless cross-border cash flows. With hundreds of millions of items and built-in compliance tools, KEETA is poised to make a significant impact in the world of blockchain and digital assets.
The KEETA project has been gaining attention due to its ambitious goals and impressive technical architecture. According to its website, the network is designed to deliver 10 million transactions per second with a handling time of 400 milliseconds. This level of performance is made possible by a uniform layer that enables direct cross-chain transactions and the tokenization of real assets.
The KEETA Network: A Connective Tissue for Global Finance
The basic goal of KEETA is to act as a connective tissue for the global financial system, positioning itself as a common basis for different payment networks and digital assets. This ambition is underpinned by a technical architecture that claims to deliver high-performance transactions and integrated regulatory features. The network is supported by a suite of tools, including Netiv Nativ Know-Your Customer protocols, digital identity checks, a foreign exchange mechanism for chains, and a flexible rules engine.
These features are designed to enable financial institutions and users to carry out immediate, compliant transfers across currencies and payment systems without adding external complexity. The focus on compliant infrastructure has already borne fruit through strategic partnerships, such as the collaboration with the credit data platform to create a pass chain, a financial layer of identity for the chain. This initiative aims to provide digital asset owners with access to traditional loan services, including mortgages and loans for small companies, based on tokenized and trustworthy financial identities.
Governance and Network Possession
Governance and network possession are managed by KEETA’s native token, KTA. Since its initial rollout in March, the token has been listed on over 13 stock exchanges, providing immediate liquidity and supporting the activation of the Mainnet. KTA is intended to give governance rights and provide owners with a share in the future development and operational decisions of the network. With its strong backing and impressive technical capabilities, KEETA is set to make a significant impact in the world of blockchain and digital assets.
As the Mainnet launch approaches, KEETA is poised to unlock the core functionality of the platform, including native USDC transfers from every chain, seamless asset swaps, and simplified off-ramps. With 235 million different wallets and 42 million carriers already having carried out transactions, the network is not starting from scratch. Instead, it is building on a foundation of existing activity and momentum. As the project continues to evolve and grow, it will be interesting to see how KEETA’s ambitions play out in the world of global finance.
For more information on KEETA and its upcoming Mainnet launch, please visit https://crypto.news/eric-schmidt-backed-keeta-plans-mainnet-launch-with-235m-wallets/
