HAPI Integration Article about Allbridge and Jumbo Exchange
HAPI is thrilled to announce an integration article about Allbridge and Jumbo Exchange. These two platforms will be the first DeFi project to use HAPI and Allbridge will be the first liquidity bridge to implement HAPI!
HAPI is the only DeFi cybersecurity protocol that enables this kind of flexibility and security while also keeping to the norms and ideals of decentralized space and ungoverned financing. Today, we are going to present to you the very first two users of HAPI Protocol, both of them being from the DeFi space and built on completely separate blockchains showcasing HAPI’s blockchain-agnostic modus operandi when it comes to security!
About Allbridge
Allbridge is one of the most used bridges that is currently being extensively utilized to transfer assets to and fro from a plethora of blockchain ecosystems including Solana, BSC, Fantom, NEAR, and Ethereum. Allbridge team has managed to transfer more than 1b $ worth of assets in the recent months, becoming one of the most frequently used cross-chain bridges in history. One of the advantages of Allbridge is its support for non-EVM blockchains that allow it to further expand interoperability and connect most of the popular blockchains in one congruent interoperable network.
HAPI is integrated into Allbridge and aids in detecting any malicious activity that may happen. Each instance of bridging is now being first vetted by the HAPI Smart Contracts before reaching its destination on the other side of the new blockchain. This allows to trace and monitor the inflow of transactions or implement a novel, decentralized KYT alternative that operates directly on-chain. This is exactly where HAPI Protocol shines. There is no way to get the most immediate data from on-chain without actually being embedded in the blockchain. HAPI enables off-chain data providers to get certain datasets into HAPI Smart Contracts and prevent the most egregious cases of money laundering and hacking attempts.
Allbridge becomes the first liquidity bridge to be secured by HAPI. Certainly not the last one.
About Jumbo Exchange
Jumbo Exchange is AMM DEX built on NEAR and the first DEX to utilize HAPI Protocol from the very genesis. This allows us to build, test, and trial HAPI on the battlefield directly and from the very beginning allowing us to fix any issues that arise during the implementation state. It also helps in ultimately making HAPI easily implementable for DeFi by simply calling HAPI’s smart contract. This makes it possible to further extend the comprehensive nature of HAPI and allow it to become the standard of cybersecurity in DeFi.
Jumbo Exchange is also the first NEAR-based project to implement HAPI Protocol, marking the departure point for HAPI to be further utilized within the NEAR ecosystem.
Conclusion
HAPI is slowly but surely establishing hegemony within the cybersecurity space by starting slow with DeFi. DeFi is still in its infancy and there is still a lot of prejudice around the security solutions similar to HAPI. However, the inevitability of regulations and their rampancy may sweep the cryptocurrency market sooner than later. HAPI provides a solution that represents a decentralization-abiding workflow that retains the foundation on which the blockchain space is being built.
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