CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Energy Web Welcomes AllianceBlock Bridge

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Energy Web welcomed the decentralized token bridge developed by partners at AllianceBlock.

This solution, launched in early summer and by now supports the Energy Web Chain alongside other top blockchain ecosystems, including Ethereum, Binance Smart Chain, Avalanche, Polygon, Arbitrum and Optimism. On top of this, the AllianceBlock team recently announcedthat their Bridge now accepts bridging fee payments in Energy Web Token ($EWT).

With a secure and high-performance infrastructure supported by the Hedera Consensus Service and plans to implement a Cross-Messaging Protocol, the Bridge is designed to help the blockchains it supports improve interoperability and invite new sources of liquidity.

About EnergyWeb

Energy Web is a global, member-driven non-profit accelerating the low-carbon, customer-centric energy transition by unleashing the potential of open-source, digital technologies. Our Energy Web Decentralized Operating System (EW-DOS) enables any energy asset, owned by any customer, to participate in any energy market. The Energy Web Chain — the world’s first enterprise-grade, public blockchain tailored to the energy sector — anchors the EW-DOS tech stack. The Energy Web ecosystem comprises leading utilities, grid operators, renewable energy developers, corporate energy buyers, IoT / telecom leaders, and others.

About AllianceBlock

AllianceBlock is bridging the gap between decentralized finance and traditional finance, by remedying issues that exist in both spheres and linking them more closely together. They see the future of finance as an integrated system in which the best of both worlds can work together to increase capital flows and technological innovation.

Building this future by bridging traditional finance with compliant, data-driven access to new decentralized markets, DeFi projects, and ecosystem-scaling tools such as funding and interoperability. As such, they are building a next-generation financial infrastructure that aims to provide regulated financial entities around the world with the tools they need to seamlessly access the DeFi space.

📰 INFO

https://medium.com/energy-web-insights/energy-web-welcomes-the-allianceblock-bridge-6dc8536dd352

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