Highlights

Horizen partnered with DashPay, Celcius, and Morpheus Network
These partnerships should solve real-life problems with blockchain technology while providing meaningful use cases for Horizen

About Horizen

Horizen is a decentralized blockchain system that is supported by a decentralized node architecture. It is designed to be interoperable. A key focus of its sidechain platform is scalable data privacy. As a result, it enables organizations and developers to create private or public blockchains utilizing the company’s proprietary sidechain technology, which it refers to simply as “Zendoo.”

Horizen was founded in May of 2017 to ensure data integrity and privacy by enabling real-world use cases in the blockchain. Horizen claims to be entirely decentralized, fully customizable and equipped with privacy features. It also claims to enable cheap costs associated with developing blockchains and flexible income models, and an endless amount of tokens and digital assets, among other things.

Partnerships By Horizen

Zen has made some key partnerships in the third and fourth quarters. It took to its official to intimate its community with the partnerships made. These partners include Celcius network, DashPay, and MRPH supply chain. Horizen hopes that these partnerships will solve real-life problems with blockchain technology while providing meaningful use cases for Horizen.

The #Horizen BD team established several key partnerships this quarter, including @CelsiusNetwork, @Dashpay, and @MRPHSupplyChain. These partnerships solve real-world problems with blockchain technology while building meaningful use cases on Horizen. https://t.co/YvZVsGrrQT pic.twitter.com/Ge9iB4ZItq

— Horizen (@horizenglobal) October 22, 2021

A Little Information About Celcius Network And Dash

Users can borrow and lend cryptocurrencies on Celsius Network, a peer-to-peer lending platform that allows them to borrow and lend cryptocurrencies. The system is based on the CEL native token, which is issued by the Celsius Network.

Borrowers can quickly obtain access to fiat currency at a low interest rate by utilizing their cryptocurrencies as collateral, eliminating the need to sell their cryptocurrencies.

Dash (DASH) is a digital currency that aims to provide financial independence to everyone. Payments are instantaneous, simple, and secure, with fees that are close to zero.

Dash is the top decentralized payment solution since it was designed to handle real-world use cases. It is possible for users to purchase goods from thousands of merchants and trade them at major exchanges and brokers all over world.

What Lies Ahead For Horizen?

Horizen was listed on Coinbase and Coinbase Pro during the third quarter of 2021, and they announced a number of intriguing agreements with other top blockchain projects, including Celsius, Dash, and Morpheus. On Zendoo, they launched zkAudit, their first blockchain application. In order to prepare for the mainnet deployment, they relocated Zendoo to the public testnet, which is a production-like environment. In addition, they received their very first Zen Improvement Proposal (ZenIP). ZenIPs represents thier strategy to achieving more transparent, collaborative, and stable government.

With a 24-hour trading volume of $100,611,549,846, the current ZEN price is $92.72. A live market capitalization of $2,580,093,370,620 puts the current CoinMarketCap ranking at #96.

Horizen Establishes Key Partnerships In Q3 And Q4

What Lies Ahead For Horizen?

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