Ant Group’s AntChain Bridge Protocol Goes Open Source

04/26/2023 04:14 • Metaverse Matters • 121 views

According to on-site reports, the Ant Group Digital Technology Developer Conference was held in Hangzhou on April 26th. AntChain announced at the meeting that it will officially open source its high security heterogeneous cross chain protocol AntChain Bridge to global developers, in order to promote technology inclusiveness and interconnection with WanChain. This protocol is based on the IEEE cross chain standard and is also the world’s first cross chain universal international standard. After open source, developers can use the cross chain code of Ant Chain to jointly build a Web3 open ecosystem. At the conference site, ant chain, cloud elephant blockchain, tree graph chain and domestic university blockchain DYNO, four institutions jointly demonstrated the cross chain transfer transfer of digital assets between different chains, truly realizing the interconnection between heterogeneous chains.

AntChain announced the official launch and open source of the cross chain protocol AntChain Bridge

Introduction

On April 26th, the Ant Group Digital Technology Developer Conference was held in Hangzhou. During the conference, AntChain announced the official opening of its high-security, heterogeneous cross-chain protocol, AntChain Bridge, to global developers. The opening of the protocol aims to promote technology inclusiveness and interconnection with WanChain by building a Web3 open ecosystem.

What is AntChain Bridge Protocol?

AntChain Bridge is a high-security, heterogeneous cross-chain protocol based on the IEEE cross-chain standard. It is also the world’s first cross-chain universal international standard. By opening access to the protocol to developers globally, AntChain aims to support the development of the Web3 open ecosystem and the promotion of technology inclusiveness.

AntChain Bridge Goes Open Source

As announced during the conference, AntChain Bridge protocol is now available open source to developers globally. By opening the code, AntChain seeks to promote technology inclusiveness and interconnection across heterogeneous chains.

Demonstrating Interoperability with Other Blockchains

At the conference site, cloud elephant blockchain, tree graph chain, and domestic university blockchain DYNO, along with ant chain, jointly demonstrated the cross-chain transfer of digital assets between different chains. This demonstration showed that the interoperability between heterogeneous chains, connected by the AntChain Bridge Protocol, is feasible and achievable.

Benefits of Open Source Protocol

Open-source protocols, like AntChain Bridge, enable developers across the globe to work collaboratively to build a common, open ecosystem. This provides enormous benefits, such as:
– Promoting technological inclusiveness
– Encouraging innovation
– Improving cross-chain functionality
– Reducing costs
– Enhancing development speed

Conclusion

AntGroup’s AntChain Bridge Protocol is now open source worldwide, and developers can work together to build a web3 open ecosystem. By fostering technology inclusiveness and interconnection with WanChain, AntChain, through AntChain Bridge Protocol, has taken a giant leap towards achieving interoperability between heterogeneous chains.

FAQs

1. What is AntChain Bridge Protocol?
AntChain Bridge is a high-security, heterogeneous cross-chain protocol that allows digital assets to be transferred between different chains.
2. What is the advantage of an open-source protocol?
Open source protocols promote technological inclusiveness, encourage innovation, improve cross-chain functionality, reduce costs, and enhance development speed.
3. What is the significance of AntChain opening their protocol to global developers?
By opening the protocol to developers globally, AntChain aims to promote technology inclusiveness and interconnection with WanChain, making it easier to achieve interoperability between heterogeneous chains.

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