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Stc Bahrain Launches Intersect, a New Blockchain on Avalanche

• Published 1 year ago on August 2, 2024 •

Hassan Maishera

The Avalanche Foundation announced via X on Thursday that stc Bahrain has launched Intersect, a new L1 blockchain on Avalanche.

The Avalanche Foundation announced via X on Thursday that stc Bahrain has launched Intersect, a new L1 blockchain on Avalanche. The blockchain creates a pivotal entry point for new users and organizations in the Middle East to build in Web3.

Intersect aims to advance Web3 innovation, promote digital transformation, and create a thriving ecosystem for decentralized applications (dApps) globally.

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down by 1% today and currently trades at $25.05 per coin.

Next article SMARDEX Transitions Its DeFi Infrastructure into the Everything Protocol

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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