MAP to offer OmniChain Infrastructure

Published on: 29.06.2022
MAP to offer OmniChain Infrastructure on Iotex

MAP to offer OmniChain Infrastructure on the Iotex ecosystem for dApp development as part of their partnership.

MAP Protocol provides instant confirmation for Omnichain transactions and verification finality by light-client, offers SDK and API for low-code deployment, embeds other chains’ algorithms as pre-compiled contracts in the EVM layer of MAP Relay Chain proactively, and maintains a cost-efficient network.

“Since the decentralization aspect of blockchain technology can be a major issue when storing data from IoT devices, IoT represents the decentralized world’s quest to reach its full potential. As a truly decentralized solution in the blockchain interoperability space, MAP Protocol will work collaboratively with the IoTeX ecosystem and provide omnichain SDK.” — James, CEO & Co-Founder

Iotex Infrastructure for builders

IoTeX enables builders to incorporate machine data, value, and services into their decentralized applications (dApps), using machines as “arbiters of truth” that allow people/businesses to do things in the real world to earn digital assets/reputation. The IoTeX platform is already an active leader in several enterprise consortiums and standards bodies, including the IEEE and Confidential Computing Consortium.

“IoTeX welcomes MAP Protocol to integrate with our ecosystem and contribute with its omnichain technology stack to our developers. MAP Protocol offers SDK and API for low-code deployment that will help developers to easily build omnichain applications deployed on IoTeX. We are delighted with the partnership and expect to see various use cases.” — Raullen , IoTeX CEO & Co-Founder

PARTNERSHIP HIGHLIGHTS

The partnership encourages developers in the IoTex Blockchain ecosystem to build blockchains and applications using MAP Protocol’s Omnichain technology stack. MAP Protocol will soon default to IoTex for cross-chain and IoTex native dApps.

Through this integration, MAP will contribute its Omnichain technology to pilot developers on IoTex blockchain to build Omnichain dApps.

Nowadays, general chains, such as Ethereum, Avalanche, and Flow, have their respective territory; and dedicated chains, such as IoTeX, and NKN, are also thriving. An Omnichain network, an infrastructure to connect them all, is the future. Together with worldwide developers, MAP Protocol is the dawn of a new Omnichain age.

ABOUT MAP Protocol
MAP Protocol is the Omnichain Network for An Interoperable Web3 that enables developers to build Omnichain dApps in simple steps. The MAP Protocol lets cryptocurrency, NFT, and data flow around all chains securely and seamlessly at minimum cost. MAP Protocol is the only infrastructure made for Omnichain dApps that connects all chains. Provides security finality charges the lowest cross-chain gas fees and offers complete dApp development service toolkits.

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ABOUT IOTEX
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, build for developers to connect billions of machines with Web3 infrastructure. This is to create innovative products including DeFi, NFT, DAO, Metaverse, and MachineFi applications.

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RESOURCES
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