Peng Zhong is CEO of Ignite, Leading a world-class team that builds solutions for individual, organization, and global communities to engage with blockchain technology. He was the first employee at Tendermint, a core contributor of the Cosmos ecosystem, joining a chief design officer in 2015 before becoming CEO.
His strong experience in product design and go-to-market strategies from conception through engineering positions him with a robust understanding of future prioritization, delivery, and scaling to meet the evolving needs of the world.
In March, Ignite sent off its Inter-Blockchain Communication system to further develop correspondence between various networks. By late 2021, the stage had drawn roughly 20 blockchain networks and was dealing with a little more than 1 million blockchain exchanges each month. In November, He communicated idealism in the task and broadcast that the number of blockchain networks utilizing IBC would doubtlessly break the 200 imprints before the finish of 2022.
One more forthcoming component for the Cosmos network is Interchain Accounts, which will permit clients to control accounts on associated blockchain frameworks without moving tokens out of the essential chain. Since the Cosmos network has various chains, the arrangement will wipe out the need to get tokens across blockchains when there is a need to utilize an alternate organization. It also plans to send off a progression of boosted testnets during the principal half of the year that will permit clients to test for weaknesses before their official launch.