Bitlayer to Integrate Chainlink’s CCIP

Quick Summary:

Bitlayer to Integrate Chainlink’s CCIP In a groundbreaking move to enhance cross-chain functionality and expand the decentralized finance (DeFi) ecosystem on Bitcoin, Bitlayer, a leading Bitcoin layer-2 network, announced in its official Medium blog that it will integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its canonical cross-chain infrastructure.

Enhancing Interoperability: Enable Bitlayer to communicate and interact with other blockchain networks, expanding the scope and functionality of DeFi applications on Bitcoin.

Enhanced interoperability and cross-chain functionality attract more developers and projects to the Bitcoin network, strengthening its position as a leading platform for decentralized applications.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Bitlayer Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 07:23:36 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1037 words

Reading Time: 6 minutes read

Sentences: 47 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23322042

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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