September 7, 2021 – London, England
Wanchain and Avalanche are delighted to announce an integration of Wanchain’s innovative decentralized, non-custodial cross-chain infrastructure with Avalanche’s C-chain. Additionally, the two industry leaders are teaming up to further the development of truly decentralized cross-chain applications to power the future of DeFi.
This collaboration marries Wanchain’s unique, decentralized, non-custodial cross-chain bridges and Avalanche’s unmatched ecosystem of projects and applications. Avalanche and its ecosystem projects will use Wanchain’s cross-chain blockchain infrastructure to create new value and use cases for their users by harnessing the power of cross-chain technology.
“Wanchain has been working for years developing cross-chain bridges while emphasizing high security standards and true decentralization,” says Wilson Wu, head of Asia of Avalanche. “I’m inspired by their founder Jack, who leads a smart team to dive deep into cross-chain technology without distraction from the chaos of the crypto market. We truly want to bring them into the Avalanche ecosystem to benefit all users.”
The next phase of this collaboration is threefold.
- Avalanche will introduce the benefits of Wanchain’s decentralized cross-chain bridges to its ecosystem projects
- Wanchain will create new use cases for cross-chain compatible tokens like wanXRP and wanLTC on Avalanche, and wanAVAX on other public blockchains
- Avalanche and Wanchain will co-incubate promising new cross-chain DeFi projects
Li Ni, Wanchain VP of business development and operations, adds,
“Wanchain’s decentralized bridges open up exciting opportunities for developers throughout the Avalanche ecosystem to create powerful cross-chain applications. As DeFi increasingly becomes cross-chain, this integration expands both the Wanchain and Avalanche ecosystems to the benefit of all end users.”
Wanchain’s cross-chain infrastructure already supports Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, Litecoin, XRP Ledger, Moonriver and now Avalanche, as well as dozens of other tokens. The addition of Avalanche reinforces Wanchain’s position as the world’s most advanced cross-chain solution.
The next era of blockchain will be marked by the seamless cross-chain interoperability of assets, data, and commands. Avalanche and Wanchain are both poised to play central roles in this next phase of innovation. More details about this collaboration, including Avalanche X-Chain and P-Chain integration, will be shared in the coming weeks and months.
About Avalanche
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. Don’t believe it? Try an app on Avalanche today.
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About Wanchain
True DeFi is interoperable? – Wanchain, the Wide Area Network chain, is the world’s premier decentralized blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of DeFi.
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Contacts
Director of Marketing
Temujin Louie
Wanchain
temujin@wanchain.org
This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.
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