Ava Labs Introduces Avalanche Evergreen Subnets
Ava Labs has announced the launch of Avalanche Evergreen Subnets, a suite of institutional blockchain deployments, customizations, and tooling designed to address company-specific and industry-wide requirements for financial services. Evergreen Subnets maintain the benefits of public network development while enabling features historically only possible within enterprise solutions.
“Thus far, financial institutions’ enterprise blockchain applications have been hindered by a walled-garden approach that restricts liquidity and interoperability,” said Morgan Krupetsky, Director of Business Development for Institutions and Capital Markets, Ava Labs. “However, there continues to be a significant need for customization and control, particularly among institutional use cases. The Avalanche network offers a synthesis of the strengths of public and private blockchains, which is why we’re so thrilled to debut Avalanche Evergreen.”
Benefits of Avalanche Evergreen Subnets
- Easily launch Subnets for R&D or production-ready use cases.
- Explore blockchain benefits like process efficiencies, transparency, and asset tokenization.
- Operate in private, permissioned chains with known counterparties.
- Interoperate with other Subnets via Avalanche Warp Messaging (AWM) for seamless asset swapping, data transfer, and confirmations.
Avalanche Subnets Architecture
Avalanche’s Subnet architecture enables builders, teams, institutions, and government agencies to launch custom blockchains optimized for their specific use cases. Subnets are interoperable with the broader Avalanche network while isolating traffic to dedicated infrastructure, ensuring scalability without limits.
The Avalanche network already hosts EVM-based Subnet deployments on Mainnet and Testnet across various sectors, including DeFi, Gaming, NFTs, enterprises, and institutions. Examples include:
- Intain Subnet: Tokenized Asset Backed Securities (ABS) administration application and marketplace.
- Dexalot Subnet: On-chain central limit order book.
- Deloitte Subnet: Platform for efficient FEMA fund disbursements.
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