Q Development AG Announces Deployment of Hyperlane for Cross-Chain Governance in Web3
Q Development AG, a company based in Liechtenstein, is making waves in the Web3 space with the deployment of Hyperlane on their Q Protocol. This move towards cross-chain governance is set to revolutionize the way projects operate across multiple blockchain networks.
Hyperlane, founded in 2022, is a pioneering interoperability framework that allows for seamless connectivity between different ecosystems and blockchain networks. With over 50 ecosystems already integrated, Hyperlane’s messaging bridge has now been deployed on Q, starting with the popular Polygon PoS protocol.
The collaboration between Q and Hyperlane marks a significant milestone in creating a fundamental governance layer for Web3. By enabling cross-chain governance on Q, projects can now tap into Q’s governance security features no matter which blockchain they are building on.
Nicolas Biagosch, co-initiator of the Q Protocol, expressed excitement about the potential impact of this collaboration, stating, “Enabling cross-chain governance on Q is a game-changer. Our vision is to create value for all of Web3, and the way to do this is to make Q’s governance security available to all Web3 projects—no matter which chain they build on.”
Jon Kol, Founder of Hyperlane, also highlighted the importance of cross-chain governance, noting that by deploying the Hyperlane interoperability framework, Q can extend its powerful governance capabilities to any blockchain connected to the Hyperlane network.
Overall, this partnership between Q Development AG, Hyperlane, and Polygon Labs showcases the growing importance of cross-chain governance in the evolving Web3 landscape. With the deployment of Hyperlane on Q, the future of Web3 looks brighter than ever.