Chainlink Launches Cross-Chain Interoperability Protocol

Chainlink, the pioneer in the decentralized computing industry, announced publicly the General Availability (GA) of its Cross-Chain Interoperability Protocol (CCIP). This update encourages wide implementation, allowing developers to securely perform cross-chain transactions and interact with smart contracts without any restrictions.

CCIP now acts as the main driver behind the multi-chain solution which covers Ethereum, BNB Chain, Arbitrum, and Polygon and is expected to have a larger coverage in the future.CCIP allows the exchange of tokens among different blockchains and smart contracts as it captures assets and programs using features like Programmable Token Transfers. 

The decentralized finance network has been updated with a new secure bridging application named Transporter, along with popular assets such as USDC and native ETH. The leading platforms Aave and WEMADE, included CCIP in their infrastructure by taking advantage of its high security for their cross-line operations. CCIP gets into the ecosystems in Web3, Chainlink is working on improving the protocol and the ecosystem features of the network. 

Also read:

Chainlink CCIP Revenue Skyrockets 180% Amid Massive Adoption




Be the first to comment

Leave a Reply

Your email address will not be published.


*