Wanchain Integrates With Moonbeam

Published on: 31.08.2021

Wanchain Integrates with Moonbeam to Boost the DeFi Ecosystem in Kusama via Moonriver.

This will enable developers on Kusama Will Be Able to Access Wanchain’s Decentralised Blockchain Interoperability Solution to Build Crosschain Applications

Wanchain, the world’s premier decentralised blockchain interoperability solution, and Moonbeam, the Ethereum-compatible smart contract platform in Polkadot, are pleased to announce an integration of Wanchain’s industry-leading decentralised, non-custodial crosschain infrastructure with Moonriver.

Moonriver, Moonbeam’s community-led sister network on Kusama, completed its final launch phase last Thursday and is now fully functional. Wanchain is one of the first projects to deploy to Moonriver. In the future, Wanchain will also deploy to Moonbeam and access Moonbeam and Polkadot’s fast-paced growing ecosystems. This integration will strengthen the DeFi ecosystem in Kusama by enabling developers to build decentralised crosschain applications. Wanchain and Moonbeam both believe that the next phase of blockchain innovation will be marked by the crosschain interoperability of assets, data, and smart contract calls. Both projects are fully committed to building an interoperable multichain future.

Wanchain, a decentralised blockchain interoperability solution that connects the world’s isolated blockchain networks, is the only project that enables truly decentralised crosschain transactions between isolated heterogeneous blockchain networks.

Wanchain’s crosschain infrastructure already supports Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain, Litecoin, XRP Ledger, and now Kusama via Moonriver, as well as dozens of other tokens. The addition of Moonriver reinforces Wanchain’s position as the world’s most advanced crosschain solution. Soon, Wanchain will also integrate with Moonbeam to access the Polkadot community and ecosystem.

About Moonbeam

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. As a parachain on the Polkadot network, Moonbeam will benefit from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot. Currently in active development by PureStake, Moonbeam is expected to reach MainNet by Q4 2021.

About Wanchain

True DeFi is interoperable — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This crosschain infrastructure empowers developers to build truly decentralised crosschain applications to power the future of DeFi.

➡️Source:
https://medium.com/wanchain-foundation/wanchain-moonbeam-bring-crosschain-defi-to-kusama-via-moonriver-44e816f010f0

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