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Alaska Gold Rush Adopts Chainlink CCIP for Cross-Chain Transfers

source-logo  crypto-news-flash.com  + 1 more 30 June 2024 10:51, UTC
  • Alaska Gold Rush integrates Chainlink CCIP for secure cross-chain token transfers.
  • Chainlink CCIP provides unparalleled security and scalability for Alaska Gold Rush’s CARAT token.

Alaska Gold Rush has announced the integration of Chainlink CCIP, the industry standard for safe cross-chain interoperability, between the BNB Chain and Polygon mainnets.

Alaska Gold Rush wants to make their in-game token, CARAT, transferable across chains by using CCIP’s arbitrary messaging feature.

Chainlink BUILD project @alaska_game has integrated #Chainlink CCIP on @BNBCHAIN and @0xPolygon.

How CCIP enables secure cross-chain CARAT transfers for Alaska Gold Rush ⬇️https://t.co/ByJXZLkKFM

— Chainlink (@chainlink) June 28, 2024

Why Chainlink CCIP?

Alaska Gold Rush chose Chainlink CCIP because of its unmatched history of upholding the strictest security and dependability requirements in the blockchain sector. CCIP from Chainlink is the only interoperability solution to have attained level-5 cross-chain security.

Furthermore, supporting it is the Risk Management Network, an autonomous network that keeps an eye on and confirms cross-chain processes for any unusual activity.

The historical industry vulnerabilities and the billions of dollars in user cash lost as a result of unstable cross-chain infrastructure make this extra level of protection essential.

Alaska Gold Rush discovered after looking at a number of options that Chainlink CCIP offered a number of necessary features and benefits.

“Defense-in-depth security guarantees many levels of protection to safeguard cross-chain operations,” said Alaska Gold Rush CEO Rafał Koczan. He went on to say:

“The extendable and future-proof nature ensures that the system can adapt to future technological advancements, the scalable architecture allows the system to handle increasing loads and demands, and the seamless integration enables smooth and efficient integration with our existing systems.”

Alaska Gold Rush intends to further incorporate Chainlink CCIP going forward to enable safe cross-chain transfers inside an on-chain NFT marketplace. This calculated action will increase the security and dependability of the platform and open the door to more people using its services.

“We’re excited to integrate the industry-standard Chainlink CCIP to enable secure cross-chain transfers of our in-game CARAT token,” said Rafał Koczan.

Chainlink’s unmatched security and performance are essential to our ability to grow throughout the multichain ecosystem and quicken the uptake of Web3 gaming.”

Current Market Data

CoinMarketCap data show that Chainlink’s token (LINK) is worth about $13.77 at this writing. Though it fell by 4.11% in the previous day, LINK has increased by 1.16% over the previous week, indicating a bullish trend.

This indicates that the market believes Chainlink’s strong technology and its vital contribution to improving blockchain interoperability.

On the other hand, CNF reported Chainlink’s backing of safe cross-chain swaps through ChainSwap, therefore enhancing Chainlink’s standing as a trustworthy and safe blockchain solution provider.

crypto-news-flash.com

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