World Chain integrates Chainlink technology to support cross- chain WLD Token transfers

This article is machine translated
Show original

On September 26, Chainlink announced that World Chain, the Layer 2 solution of the World Network with over 35 million global users, has officially integrated Chainlink CCIP (Cross-Chain Interoperability Protocol). Thanks to this, WLD Token can be securely transferred between World Chain and Ethereum using the Cross-Chain Token (CCT) standard, opening the door to new possibilities for liquidation expansion and real-world applications.

In parallel, World Chain also launched Chainlink Data Streams, a service that provides real-time price data with high accuracy. This allows developers to build more transparent, secure, and trustworthy DeFi markets, while improving the user experience across the entire ecosystem.

Analysts say the combination of CCIP and Data Streams not only makes WLD a more liquidation asset, but also lays the foundation for innovative cross-chain applications, such as cross- chain collateralized loans, decentralized Derivative markets, or multi- chain asset management applications.

Notably, Chainlink emphasizes that CCIP does not stop at Token transfers. This protocol also supports sending messages and initiating cross- chain actions, thereby expanding connectivity and accelerating the development of the entire World Chain ecosystem.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
41
Add to Favorites
10
Comments