Singapore’s DigiFT Adopts Chainlink’s CCIP

Quick Summary:

Singapore’s DigiFT Adopts Chainlink’s CCIP In a significant development for the decentralized finance (DeFi) landscape, DigiFT, a Singapore-based exchange specializing in on-chain real-world assets (RWAs), has announced the adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

By utilizing decentralized oracle networks, Proof of Reserve verifies that the assets held by an exchange match the tokens issued to users.

As DigiFT continues to innovate and expand its platform capabilities, the integration of Chainlink’s technologies will play a crucial role in driving the adoption of secure and interoperable financial solutions.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaSingapore

Topics: DigiFT Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 06:57:09 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 593 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23236493

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