Avalanche (AVAX) recently welcomed Sumitomo Corporation, a Japanese conglomerate, as a validator on its blockchain network. Sumitomo Corporation, a Fortune Global 500 company, has officially launched its Blockchain Node Operation Initiative, starting with validator nodes on Avalanche, in addition to Ethereum (ETH) and Canton Network. Avalanche is a high-performance, layer-1 blockchain platform designed for fast and low-cost decentralized applications (dApps). Compatible with Ethereum’s smart contracts, Avalanche supports decentralized finance (DeFi), non-fungible tokens (NFTs), and enterprise use cases across ... (full story)