OrdiChains is pleased to announce that the cross-chain bridge part has entered the internal testing stage. The first BRC20 cross-chain bridge function will be launched next week.

About OrdiChains

OrdiChains is the first cross-chain protocol that supports BRC20 tokens, bringing BRC20 tokens into the Ethereum ecosystem. It aims to enhance the BRC20 token ecosystem by incorporating decentralized finance (DeFi) attributes such as DEX, lending, farming, on-chain contracts, and algorithmic stablecoins. OrdiChains aims to increase the capital utilization of BRC20 tokens, address transparency issues in centralized exchanges, and provide wings for the growth of the BRC20 ecosystem.

Goal of OrdiChains

To maximize BRC20 usage, bring transparency to centralized exchanges, and supercharge the BRC20 ecosystem. We’re attracting numerous players to the BTC ecosystem, boosting infrastructure for OrdiChains’ prosperity. 

 

Core Features and Services Provided by OrdiChains Cross-Chain Bridge

– Reliable Off-Chain Data Transmission

OrdiChains cross-chain bridge ensures reliable transmission of data between different blockchains, guaranteeing data integrity and accuracy.

– Data Transformation and Mapping

OrdiChains cross-chain bridge is capable of converting data from different blockchains into a format acceptable by the target chain and performs data mapping to maintain consistency.

– Data Subscribing and Utilization

Users and applications can subscribe to and utilize data from other chains on the target chain, enabling cross-chain data sharing and interoperability.

Security and Privacy Measures Implemented by OrdiChains Cross-Chain Bridge:

– Data Validation and Identity Verification

OrdiChains cross-chain bridge validates the collected data and verifies the identities of validators to ensure the reliability and authenticity of the data.

– Encryption and Privacy Protection

OrdiChains cross-chain bridge utilizes encryption algorithms and privacy protection techniques to secure the transmission and storage of data, preventing data leakage and tampering.

– Security Auditing and Monitoring

The code and protocol of OrdiChains cross-chain bridge undergo security auditing, and monitoring mechanisms are implemented to promptly detect and address potential security threats.

 

OrdiChains.com will be launched at 14:00 HKT on June 16.

Click to join our #Giveaway 

https://t.me/ORDICHAINSCOMMUNITY

https://twitter.com/OrdiChains

 

Media contact

Contact: Frank.Guo

Company Name: OrdiChains Technology co.,ltd.

Website: https://www.ordichains.com

Email: service@OrdiChains.com

This press release was originally published on this site

You May Also Like

Arena Pixel – Unique combination of GameFi, NFT, and fascinating new mechanics

Arena Pixel, a unique GameFi project combined with NFT on the blockchain,…

Berry Launches AI-Driven Crypto Platform to Help Users Track BTC and XRP Market Trends

As digital-asset markets accelerate, a new generation of users is looking for…

Jade City Releases White Paper Detailing the New Tokenomics of its Real-World Asset (RWA) Platform for Jade Gemstones

Jade City, which is pioneering the tokenization of jade gemstones, today announced…

Leading Crypto Exchange LATOKEN to Act as IEO and Listing Partner for Spread Wisdom Project

SPREAD WISDOM (SWIM) Launching IEO on Latoken Exchange on March 28, 2023. …

Somnia Launches Betanet, Ushering in a New Era of Interoperability in the Metaverse

Somnia, an L1 blockchain and a set of omnichain protocols, has taken…

Dora Factory closes new strategic raise, announces new ecosystem partnerships

Singapore, Singapore, December 14th, 2023, Chainwire Dora Factory, a leading protocol specializing…

Connext Rebrands to Everclear and Launches the First Clearing Layer Protocol to Fix Liquidity Fragmentation

Connext, the leading protocol for blockchain interoperability, has announced its rebrand to…

Steamboat Willie Game Revolutionizes the Crypto and Gaming World

The upcoming release of the Steamboat Willie Game on Tuesday marks a…

Exploring Crypto Giants and a Rising Star: Bitcoin (BTC), Solana (SOL), and the Explosive Potential of Furrever Token (FURR)

In the ever-evolving landscape of cryptocurrencies, where giants like Bitcoin (BTC) and Solana (SOL)…

Novum Launches HYFI 2024 – Beyond Boundaries: Web3, AI, and the Future of Technology

Singapore, June 19, 2024 – HYFI 2024 Singapore, an exclusive one-day future-tech…