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CRYPTO NEWS & DATA SPACE

NerveNetwork partners with IoTeX

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NerveNetwork partners with IoTeX to provide cross-chain support for other projects on the US-based multichain to interact with other blockchains.

As part of the partnership, the Nerve team will import and deploy more blockchain projects on the IoTeX network in the future.

At present, Nerve has completed the following regarding this cross-chain integration:

IoTeX network cross-chain module also adds to NerveChain in order to support the IoTeX cross-chain protocol. The Nerve decentralized cross-chain smart contract is deployed in the IoTeX network.

  • NerveNetwork supports IoTeX ecosystem assets to cross-chain to Nerve. All transactions of assets from IoTeX in the NerveNetwork are completely free of all fees
  • NerveBridge supports the cross-chain transfer of IoTeX network assets.
  • The Nerve explorer supports cross-chain asset inquiry of the IoTeX network.
  • The NerveBridge cross-chain DApp will support cross-chain IoTeX assets. Currently, the NerveNetwork already works with Ethereum, BSC, Heco, OKC, Polygon, Harmony, Tron, KCC, Avalanche, Arbitrum, Optimism, Fantom, and NULS.

ABOUT Iotext
IoTeX is the leading decentralized network powering the future of Web3 and machine economy (MachineFi) via dApps that reward and benefit people for real-world everyday activities. The platform is also built for developers to connect billions of machines with Web3 infrastructure, to create innovative products including DeFi, NFT, DAO, Metaverse, and MachineFi applications. IoTeX has launched a high-performance public blockchain with off-chain computing for devices and machines, cross-chain bridges, wallets, and the MachineFi marketplace.

Website | Twitter

ABOUT Nerve Network
Nerve is a decentralized digital asset network, based on the NULS service framework. The platform also uses the blockchain cross-chain interaction protocol developed and built using the NULS-ChainBox. Nerve also aims to break the isolation of the single blockchain, enable asset exchange with cross-chain, and provide the support needs for Defi applications. The Nerve Network also provides a better, safer, and low-cost Defi application service for all digital asset holders.

Website | Twitter

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