Wanchain Launches First Crosschain Bridge with Link Polkadot, Brings EVM Smart Contracts to DOT

By October 12, 2021DeFi
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This integration connects Polkadot to the larger crosschain DeFi world. Direct bridges connecting Polkadot to Ethereum, Wanchain, Moonriver and Avalanche are already deployed, meaning that developers on all these blockchain networks can now build decentralised blockchain applications using $DOT. In other words, the top-10 cryptocurrency by market cap, $DOT, can now be traded crosschain and used with EVM-compatible smart contracts.

Li Ni, Wanchain VP of Business Development and Operations, states:

“We firmly believe that blockchain technology will only gain mainstream adoption once assets, data, commands and users are no longer isolated on a single chain or constrained by a single standard. Last month, Wanchain deployed crosschain bridges connecting Moonriver and Avalanche to the larger crosschain DeFi industry. Now, Wanchain is connecting Polkadot to the rest of the blockchain world.”

The next phase of blockchain innovation will be marked by the crosschain interoperability of assets, data, and smart contract calls. The addition of Polkadot reinforces Wanchain’s position as the world’s most advanced crosschain solution and marks an important step towards building an interoperable multichain future.

About Wanchain

True DeFi is interoperable — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This crosschain infrastructure empowers developers to build truly decentralised crosschain applications to power the future of DeFi.

Contacts

Director of Marketing

  • Temujin Louie
  • Wanchain
  • Temujin@Wanchain.org

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