Inter-Blockchain Communication: The Key to Blockchain Mass Adoption
Blockchain’s stature is growing exponentially. Business spending on blockchain is predicted to be $11.7 billion by Q4 of 2022 and one of the prime factors for this is the increased importance of data integrity, security, decentralization, and reliability in operations. As more businesses and people start to grow aware of blockchain’s transformative potential, it is undoubtedly said to reach new milestones. Web 3.0 firms have been spearheading innovations in the crypto space and are germinating Blockchain into the very heart of organizations’ business processes and are adding significant....
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The last step before inter-blockchain communication goes live early Thursday.
Cosmos is now building a cross-chain DEX for IBC-enabled blockchains, dubbed Gravity The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains.Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains.The feature, which has been in development for five years, was voted in via community governance with 112 million votes supporting the activation and 75 million opposed.Over a two-week period, a....
The project teased the release of the blockchain in a video message with a quote from famous astronomer Carl Sagan and a picture of a canary among the stars. The Cosmos cross-chain network is building a new blockchain aimed at allowing developers to experiment with different protocols.In its quarterly keynote report published on Tuesday, Cosmos said its Sagan blockchain was currently in development. The project teased the release of the blockchain in a video message with a quote from famous astronomer Carl Sagan and a picture of a canary among the stars. The canary imagery may refer to the....
Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around the world.
Italy’s Inter Finds Sleeve Sponsor in the Crypto Industry
The €85 million ($100 million) multi-year product partnership agreement has been sealed with support from the Digitalbits Foundation, FC Internazionale Milano and Zytara Labs announced Thursday. The....
ATOM rallied by up to 36 percent on a week-to-date timeframe as traders assessed the prospects of a major technological update on its parent blockchain Cosmos on February 18. Dubbed as “Stargate,” the upgrade would enable Cosmos-based chains to connect using the first standardized protocol for inter-blockchain communication. With that said, chains will securely and […]