Octopus Network announces the upcoming launch of Omnity, a groundbreaking product designed to enhance cross-chain transactions. Slated for release in April 2024, Omnity represents a new standard in blockchain interoperability, combining the ultimate user experience of centralized products with the benefits of decentralization.
Omnity stands at the forefront of the modular blockchain paradigm, a shift that brings enhanced scalability and flexibility to blockchain technology. Leveraging the Internet Computer Protocol (ICP) developed by Dfinity, Omnity is an omnichain protocol that facilitates the secure and seamless transfer of data and assets across various blockchains.
"Omnity is the ultimate endgame for cross-chain,"
stated Louis Liu, founder of Octopus Network.
He emphasized Omnity's potential to redefine cross-chain interactions within the “Internet of Blockchains”, a concept central to the future of blockchain technology.
“The launch of Omnity is not just a technological milestone - it marks a significant step towards a more fluid and integrated blockchain ecosystem. We are very excited about the collaborations with Octopus Network.”
said Herbert Yang, Asia General Manager of Dfinity.
This move by Octopus Network underscores its commitment to enhancing blockchain connectivity and collaboration, advancing the capabilities and reach of Web 3.0 technologies.
As a pioneer in the blockchain space, Octopus Network is set to transform the landscape of blockchain interoperability. Its emphasis on user experience and decentralization positions it as a key player in the evolution toward a more interconnected digital future.
About Octopus Network:
Octopus Network is an innovative multi-chain Web3 infrastructure that empowers the development and operation of application-specific blockchains, known as "appchains". It utilizes trust-minimal blockchain interoperability as its core technology, promoting the mass adoption of Web3 applications by offering affordable, scalable, and customized appchain solutions.
Contact email: [email protected]
This press release was submitted by Octopus Network under HackerNoon’s Business Blogging Program. Learn more about the program