The novel Layer-1 omnichain smart contract platform ZetaChain (ZETA) announced the partnership with Singapore-based public blockchain platform Klaytn to bring multichain connectivity to the Klaytn network. ZetaChain’s integration into Klaytn will enable KLAY developers to bring full interoperability to existing and new smart contracts.
ZetaChain is a protocol-agnostic blockchain that supports generic omnichain smart contracts that connect all blockchains such as Ethereum, Polygon, BSC, and even non-smart contract blockchains such as Bitcoin and Dogecoin without using bridges or wrapped tokens. Backed by early Coinbase, Binance employees, and a handful of others, the platform recently launched a native asset cross-chain swap on its testnet. 190,000 users have joined as beta testers to date.
Klaytn is the bridge that connects Web2 enterprises to Web3. It is a public blockchain focused on the metaverse, gamefi, and the creator economy. Backed by South Korean internet giant Kakao Corp, Klaytn is now undergoing global expansion from its international base in Singapore.
In addition to Ethereum, Polygon, and Binance Smart Chain, Klaytn is now supported on Zetachain’s testnet and will go live on the ZetaChain mainnet soon. Currently, omnichain dApps builders can create and test smart contracts on ZETA using the Zeta Connector. Users can natively swap assets to and from Klaytn and other connected chains on the ZetaLabs testnet now.
The Klaytn-ZetaChain partnership will produce an ecosystem of more versatile cross-chain applications such as a cross-chain swap, DEX, multichain NFTs, and more. These applications will bring much greater liquidity and capital efficiency for transferring native assets between chains.
Media Contact:
Teigi Lee
press@zetachain.com
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.
This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal, and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was compensated to submit this press release. Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.
This press release was originally published on this site