August 25, 2021 - 3 min read
Blockchain’s future will be built and reliant on providing its users with convenient and easy to use multi-chain solutions.
One of the keys to making this successful are cross-chain bridges to deliver data between any blockchains, and because of that, SupraOracles is proud to join forces with Allbridge in expanding the decentralized finance (DeFi) ecosystem.
Allbridge has built a modular and expandable token bridge that will ultimately be decentralized with on-chain consensus, and it currently runs on Solana smart contracts. With Allbridge, users have the opportunity to move the tokens between a number of different blockchains.
By integrating SupraOracles with Allbridge, we increase our ability to provide DeFi developers and enterprises an oracle solution that bridges data between blockchains in a highly efficient mechanism with our game-changing Multi-Helix Ledger (MHL).
Andriy Velykyy, Allbridge’s Co-founder commented, “In the current market space, it is essential that projects like SupraOracles are widely available to every user, no matter the network they choose to operate in. Our goal is to make the cross-chain access convenient and easy to use.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “We look forward to partnering with Allbridge to help usher in the emerging multi-chain future. Through our collaboration, we hope to enable cutting edge cross-chain bridges and communication technologies that will facilitate an entirely new suite of DeFi and Cross-compute capabilities.”
Allbridge is a decentralized, modular, and expanding token bridge with on-chain consensus. It’s a simple, modern, and reliable way to transfer assets between blockchain networks. Allbridge mission is to make the blockchain world borderless and provide a tool to freely move assets between different networks. In the future it will evolve into a DAO-style multi-chain hub, establishing connections between the EVM and non-EVM networks.
SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.
Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.
Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately, power the future of finance.
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