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Quanta, Matic Plasma to Collaborate on R&D Initiative

Blockchain lottery operator Quanta has launched a research and development project to enhance the speed of blockchain transactions in its existing platform.

The Isle of Man-based firm said on its website that it will conduct the R&D initiative in partnership with Matic Plasma to solve various issues in scalability, network load times, and transaction speed and costs.

“Matic Plasma can significantly increase blockchain transactions per second, and we expect this breakthrough will pave the way for other blockchain-based companies to dramatically increase their TPS going forward,” said Konstantinos Farris, acting CEO and director of Quanta.

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