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Wanchain adds Polkadot to its growing list of supported blockchains on its cross-chain infrastructure | Invezz

source-logo  invezz.com 13 October 2021 02:42, UTC

In the latest expansion of the list of supported networks, Wanchain has integrated its non-custodial cross-chain infrastructure with the sharded heterogeneous multi-chain network Polkadot.

Wanchain is among the various blockchain projects that are seeking to remove the barrier between blockchains by enabling users to transfer and use assets across multiple blockchains.

Other blockchains that Wachanin has integrated into its infrastructure

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Besides integrating Polkadot into its infrastructure, Wanchain has also set up several direct bridges connecting Polkadot to other blockchains like Moonriver, Ethereum, and Avalanche.

Polkadot is a sharded heterogeneous multi-chain blockchain network. It allows external networks and customized parachains to interact.

By integrating Polkadot with various blockchains, Wanchain provides developers on those integrated blockchains to be able to build decentralized applications (dApps) using DOT, which is Polkadot’s native token.

In a comment, the vice president of Business Development and Operations at Wanchain Li Ni said:

“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 cross-chain bridges connecting Moonriver and Avalanche to the larger cross-chain DeFi industry. Now, Wanchain is connecting Polkadot to the rest of the blockchain world.”

A few months ago, Wanchain also partnered with Moonbeam, which is an Ethereum-compatible smart contract protocol built on Polkadot. The partnership was aimed at developing a multi-chain solution to improve the DeFi ecosystem of Kusama, which is Polkadot’s canary network.

Creating an interoperable crypto future

Wanchain main aim is to become the world’s most advanced cross-chain solution by building a highly decentralized and interoperable future.

Therefore, the integration with Polkadot, which is currently one of the most trending blockchains is a major milestone for Wanchain.

Wanchain believes that going by the rapid development that the blockchain industry is witnessing, the next phase will involve cross-chain interoperability of data, smart contracts, and assets.

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