{"id":505300,"date":"2024-04-12T08:15:05","date_gmt":"2024-04-12T08:15:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=505300"},"modified":"2024-04-12T08:16:05","modified_gmt":"2024-04-12T08:16:05","slug":"chainlink-unveils-new-bridge-application-for-large-token-transfers-across-blockchains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/chainlink-unveils-new-bridge-application-for-large-token-transfers-across-blockchains","title":{"rendered":"Chainlink Unveils New Bridge Application For Large Token Transfers Across Blockchains"},"content":{"rendered":"

Blockchain oracle provider Chainlink unveiled a new bridge application called “Transporter” that allows users to transfer virtual assets and information across multiple blockchain networks.<\/span><\/p>\n

The bridge will be made available to both individual users and institutions, and is compatible with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Polygon, Optimism and WEMIX, it said in a blog post<\/a>.<\/span><\/p>\n

Chainlink<\/span><\/a> said that the application will enable “a cost efficient way to make high-value token transfers across blockchains.”\"What<\/span><\/p>\n

Chainlink Moving Into The Burgeoning Blockchain Bridging Sector<\/span><\/h2>\n

Chainlink’s application serves as the company’s entrance into the growing blockchain bridging sector. With the blockchain and Web3 space expanding, the need for a simple solution that can act as an information channel between networks and decentralized applications has grown. <\/span><\/p>\n

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We are excited to introduce @transporter_io<\/a>, the next evolution in cross-chain bridging, powered by #Chainlink<\/a> CCIP.<\/p>\n

Transporter is your gateway to the multi-chain universe. <\/p>\n

Cross chains with confidence: https:\/\/t.co\/OJ9XWcAy4F<\/a> pic.twitter.com\/ANNWiFfXdC<\/a><\/p>\n

— Chainlink (@chainlink) April 11, 2024<\/a><\/p><\/blockquote>\n