Uploaded on Aug 12, 2022
The future is cross-chain and you can do that now a token bridge. A cross-chain bridge let's you launch your token on multiple blockchains and allow users send your tokens between chains. Launch your token on any EVM blockchain with our cross-chain bridge.
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Blockchainx
What is Cross-Chain technology?
Cross-chain technology is becoming an increasingly hot topic of
discussion, seen as the ultimate solution to increase interoperability
between blockchains. Cross-chain is a new technology that aims to
enable the transfer of values and information between different
blockchain networks.
Transfers between so-called Cross-Chain - Until now, a simple
transfer between two different crypto currencies cannot be made.
This is because cryptocurrencies must first be exchanged before they
can be transferred through transactions.
Increased use of existing networks, such as Bitcoin and Ethereum, has
given rise to many key issues, such as economic constraints and
scalability. As mentioned above, most blockchain networks operate in
isolated ecosystems because they deal with solving unique needs.
The fact that the chains work in isolation made it impossible for people to
take full advantage of ledger technology. The inability of the various
chains to communicate with each other prevented people from taking full
advantage of blockchain technology. Cross-chain technology aims to solve
all these problems, allowing interoperability between chains, thus
facilitating their mutual communication and information exchange.
Bridge Network, a cross-chain communication protocol, has closed its
$3.8 million funding round with backing from FTX Ventures, MEXC
Global, Master Ventures, Blockfinex, Croc Capital and others.
The protocol has been in development for over a year and has plans
to revolutionize the way users transact in the multi-chain world with a
key focus on user experience, security and scalability. The cross-chain
super-dapp provides all the tools a user could need to easily perform
cross-chain transactions without the need to switch platforms. NFT
bridging , cross-chain swaps, and more can be done through the Bridge
Network platform. The project is incubated by T DeFi with a variety of
strategic partners, investors, and advisors.
WEBSITE :
https://www.blockchainx.tech/bridge-smart-contract-develop
ment
MAIL :[email protected]
COMPANY :BLOCKCHAINX
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