Nexus partners with IO.NET to boost computing power and zk services

Nexus (CRYPTO:NXS), a blockchain project focused on creating the Verifiable Internet, has entered into a strategic partnership with io.net (CRYPTO:IO), a decentralised physical infrastructure network.

This collaboration aims to enhance Nexus's computing power and advance its zero-knowledge proof (zK) services, making them more accessible to users.

The partnership will utilise io.net’s decentralised GPU infrastructure to expand the computing resources available for proof generation within the Nexus zero-knowledge Virtual Machine (zkVM).

By integrating io.net's Infrastructure-as-a-Service (IaaS) solutions, Nexus plans to extend its network of validators, bridges, relayers, and oracles across various Web3 ecosystems.

This collaboration is expected to significantly improve the efficiency of proof generation, reducing processing times for developers and businesses alike.

Alex Fowler, Chief Strategy Officer at Nexus, described the partnership as “a pivotal step forward in advancing the capabilities of Nexus network.”

He emphasised that combining their zero-knowledge proof technology with io.net’s decentralised compute infrastructure will create a more scalable and accessible proving solution for developers and users globally.

Tausif Ahmed, Chief Business Development Officer at io.net, echoed this sentiment, stating that the partnership reinforces their commitment to powering innovative Web3 technologies.

“Together, we’re enabling a decentralised and privacy-first future, where zero-knowledge proofs can thrive at scale,” he added.

The integration of dedicated GPU computing resources will support Nexus's expansion while fostering a more interconnected and scalable Web3 ecosystem.

At the time of reporting, the Nexus (NXS) price was $0.05074 and the io.net (IO) price was $3.20.