Seeking Alpha
2021-10-15 19:59:00

HUMBL and BLOCKS collaborate on blockchain initiatives

Consumer blockchain company, HUMBL (OTCPK:HMBL -3.0%) collaborates with a decentralized blockchain project called BLOCKS. The BLOCKS and HUMBL teams have already begun experimenting with the use of bridges, and sidechains to reduce gas fees on NFTs by up to 98%. “Whether it was Cisco packaging routers and switches, or Apple packaging megabytes and cell minutes on their partner networks, every technology cycle has paired consumer packaging companies and the networks they run on. The HUMBL and BLOCKS Network teams hope to do the same thing here, in giving global consumers a smarter blockchain grid and simple packaging layer on top of it,” said Adam Wolfe, lead blockchain consultant at BLOCKS.

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