Token

IOTA

2024

ChainPort

<ul>
 <li>ChainPort has announced the integration of IOTA EVM as the 24th chain supported on its ecosystem and opening up new opportunities for its users.</li>
 <li>The integration allows developers to bridge tokens to and from the IOTA ecosystem through ChainPort and gives them access to a scalable network with feeless transactions.</li>
</ul>
ChainPort, a cross-chain bridge that offers full interoperability and enhanced security, has announced the integration of IOTA EVM in its ecosystem.
ChainPort completed the integration this week, making IOTA EVM the 24th chain to be supported. The integration comes just two weeks after the platform <a href="https://www.chainport.io/blog/chainport-onboards-linea-as-23rd-blockchain-and-bridging-option" rel="noopener noreferrer nofollow">integrated</a> Linea, a quantum-resistant Layer 2 zkEVM chain.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 New chain integration&nbsp;<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4e2.png" alt="📢" class="wp-smiley" style="height: 1em; max-height: 1em;">
 We are happy to announce that ChainPort has integrated IOTAevm! &nbsp; Projects can now bridge tokens to the <a href="https://twitter.com/iota?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@IOTA</a> ecosystem leveraging IOTAevm's advanced smart contract platform, high scalability, and innovative feeless transactions.
 Read more <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2935.png" alt="⤵" class="wp-smiley" style="height: 1em; max-height: 1em;">… <a href="https://t.co/ESrBL7y4Uj" rel="noopener noreferrer nofollow">pic.twitter.com/ESrBL7y4Uj</a>
 — ChainPort (@chain_port) <a href="https://twitter.com/chain_port/status/1811450665421439394?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 11, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
In an accompanying blog post, ChainPort <a href="https://www.chainport.io/blog/chainport-expands-support-to-iota-as-an-integrated-chain" rel="noopener noreferrer nofollow">stated</a> that the integration “opens doors for developers and web3 projects, enabling them to smoothly bridge tokens to and from the IOTA ecosystem via ChainPort.”
Interoperability is becoming a key requirement for any chain as users seek diversity and alternatives. Cross-chain bridging has emerged as the best solution currently. This is where <a href="https://www.chainport.io/" rel="noopener noreferrer nofollow">ChainPort</a> excels, offering users all common bridging methods, from wrapped asset bridging to native token bridging. The platform is also connected to several other bridges, ensuring that users get the most efficient routes by price, security and speed.
IOTA EVM, which is the network’s smart contract framework, is the latest to join this ecosystem. It has become a critical cog of Dominik Schiener’s vision for IOTA (as he discussed in this <a href="https://www.crypto-news-flash.com/interview-iota-foundation-plans-to-bring-billions-of-assets-on-chain-through-rwa-tokenization-says-dominik-schiener/" rel="noopener noreferrer nofollow">interview</a> with Crypto News Flash), facilitating up to 700 transactions per second. This allows it to anchor a wide range of Web3 applications, from gaming and SocialFi to NFTs and DeFi.
ChainPort noted:
<blockquote>
 By integrating IOTA EVM into ChainPort’s ecosystem, users gain access to a robust and scalable smart contract platform with feeless transactions. This integration expands the possibilities for dApps and enhances the overall web3 ecosystem’s interoperability and utility.
</blockquote>
ChainPort’s integration comes just days after Goldsky made a similar announcement. Goldsky is a data solutions provider and operates one of the industry’s leading indexers. With the integration, Goldsky allows IOTA EVM users to build cutting-edge dApps with data-driven experiences.
These integrations are creating a foundation for impactful products. The latest is an Eviden Digital Product Passport (DPP), built by Eviden, a global tech giant with over 47,000 employees that records over $5 billion in annual revenue. The new passport covers any item from sourcing to its consumption, enabling accountability, verification and authenticity.
Meanwhile, IOTA trades at $0.1594, gaining just under 1% in the past day as trading volume defied the weekend slump to rise by 15%.
<div class="cryptoboxes" id="mcw-435424" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="iota" data-symbol="IOTA" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

IOTA EVM Joins ChainPort’s Ecosystem, Enabling Feeless Token Bridging

Crypto News Flash

14 Tem 2024 tarihli diğer yazılar

Bitcoin Surges to $60K Following Trump’s Assassination Attempt

Crypto Whales Bet Big On Shiba Inu, Do They Know Something You Don’t?

BlockDAG’s July 29th Team Reveal Trigger Buying Frenzy As Presale Nears $60M While KASPA Price Su...

Ethereum Bulls Gear Up For Recovery – Can Spot ETFs Push Price To New Highs?

King Doge (KINGDOGE) Memecoin Will Be the Next Viral Memecoin As It Prepares to Surge 16,000%

LandWolf Price Plunges 86% Amid Rug Pull Worries As Experts Say This New Base ICO Is One Of The B...

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!