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SIA and Quant Network Successfully Test Cross-Blockchain Interoperability
SIA, a European payment services business, and U.K.-based technology company Quant Network has successfully tested cross-blockchain interoperability between different protocols.
On June 5, SIA and Quant Network first announced their partnership to work on cross-platform applications and services for banks and financial institutions.
https://twitter.com/SIA_pressoffice/status/12757460894932…
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New Blockchain Protocol To Reduce Collateral Requirements In Cross-Chain Applications
New Blockchain Protocol To Reduce Collateral Requirements In Cross-Chain Applications
A new blockchain protocol funded by Web 3.0 Foundation aims to reduce collateral requirements in DeFi and cross-chain applications.
It has been reported that interlay received a grant from the foundation to build a bridge between Polkadot and Bitcoin (BTC), as the latest paper to come out from this project, “Promise: Leveraging Future Gains for Collateral Reduction”, proposes a new protocol.
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