This is the launch of Chainlink’s Cross-Chain Interoperability Protocol (CCIP)
Sergey Nazarov, co-founder of Chainlink, has announced the launch of the Cross-Chain Interoperability Protocol (CCIP), which aims to connect all blockchains and bank chains. CCIP is now available for early access users on Avalanche, Ethereum, Optimism, and Polygon blockchains. Several partners, including Aave and Synthetix, have already started testing CCIP.
Main Breakdowns:
- CCIP is live for early access users on Avalanche, Ethereum, Optimism, and Polygon blockchains.
- Aave and Synthetix are among the early adopters of CCIP.
- CCIP is a key component for Chainlink’s partnership with SWIFT, enabling international money transfers.
- Swift will be using CCIP to connect with different blockchains.
- CCIP will be available to all developers across five testnets.
Chainlink’s CCIP is a significant step towards achieving interoperability among different blockchains and bank chains. This protocol allows for seamless cross-chain applications and services, benefiting the decentralized finance sector. With early adopters already on board and the partnership with SWIFT, CCIP has the potential to revolutionize the way financial institutions connect with blockchain networks.
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