Saturday, October 16, 2021
Home Crypto News Market Wanchain Launches First Crosschain Bridge with Link Polkadot, Brings EVM Smart Contracts...

Wanchain Launches First Crosschain Bridge with Link Polkadot, Brings EVM Smart Contracts to DOT

- Advertisement -

London, United Kingdom, 12th October, 2021,

Developers on Ethereum, Wanchain, Avalanche, Moonriver and more can integrate DOT into their applications using Wanchain’s decentralised blockchain interoperability solution.

Wanchain, the world’s premier decentralised blockchain interoperability solution, is pleased to announce the integration of Wanchain’s decentralised, non-custodial crosschain infrastructure with Polkadot. Polkadot is a sharded heterogeneous multichain architecture created by Ethereum co-founder Gavin Wood and is one of the most popular blockchain projects in the world. Polkadot’s native token is $DOT.

This integration connects Polkadot to the larger crosschain DeFi world. Direct bridges connecting Polkadot to Ethereum, Wanchain, Moonriver and Avalanche are already deployed, meaning that developers on all these blockchain networks can now build decentralised blockchain applications using $DOT. In other words, the top-10 cryptocurrency by market cap, $DOT, can now be traded crosschain and used with EVM-compatible smart contracts.

Li Ni, Wanchain VP of Business Development and Operations, states:

“We firmly believe that blockchain technology will only gain mainstream adoption once assets, data, commands and users are no longer isolated on a single chain or constrained by a single standard. Last month, Wanchain deployed crosschain bridges connecting Moonriver and Avalanche to the larger crosschain DeFi industry. Now, Wanchain is connecting Polkadot to the rest of the blockchain world.”

The next phase of blockchain innovation will be marked by the crosschain interoperability of assets, data, and smart contract calls. The addition of Polkadot reinforces Wanchain’s position as the world’s most advanced crosschain solution and marks an important step towards building an interoperable multichain future.

About Wanchain

True DeFi is interoperable — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This crosschain infrastructure empowers developers to build truly decentralised crosschain applications to power the future of DeFi.

 

Contacts

Director of Marketing

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Realvision Founder Raoul Pal, “You Can Be Angry At Central Banks, Governments Or You Can Be Optimistic And Migrate To The New World Of...

RealVision founder Raoul Pal made important statements on digital currencies on Twitter. window.coinzilla_display = window.coinzilla_display || ; ...

El Salvador President, Nayib Bukele Says Citizens Are Using More USD To Buy Bitcoins

El Salvador President Nayyib Bukele shared two facts about the cryptocurrency wallet Chivo. window.coinzilla_display = window.coinzilla_display ||...

SEC Tacitly Approves First Bitcoin Futures ETF

The US Securities and Exchange Commission (SEC) has approved the ProShares application to launch the Bitcoin Futures ETF. Trading starts on Monday, October 18th. Also...

Bitcoin Above $60K After Twitter CEO, Jack Dorsey Said Square Is Considering Building A Bitcoin Mining System

Jack Dorsey says that Square is “considering” building its own Bitcoin mining system using custom silicon and open-source software. Read: Vladimir Putin: “Cryptocurrencies Have A Right...

CFTC Fined Bitfinex And Tether To Pay $42.5 Million Over USDT Backing

The United States Commodity Futures Trading Commission (CFTC) has settled claims against Tether and Bitfinex, ordering the company to pay fines totaling $ 42.5...

Bank Of Japan: “The Digital Yen Should Be Compatible With All Payment Services”

Executive Director of the Bank of Japan, Shinichi Uchida, believes that the digital Yen should be as simple and convenient to use as possible,...

Morgan Stanley CEO: “I Don’t Think Crypto Is A Fad, I Don’t Think It’s Going To Go Away”

Morgan Stanley CEO James Gorman said that the bank's clients show little interest in cryptocurrencies, but expressed confidence that digital assets will remain for...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.