- What CCIP Brings to ZKsync
- Strengthening the Layer 2 Ecosystem
- Real-World Use Cases and Tokenized Assets
Chainlink announced that its Cross-Chain Interoperability Protocol (CCIP) is now live on ZKsync’s Era Mainnet.
What CCIP Brings to ZKsync
Chainlink’s CCIP is designed to solve the challenges of cross-chain communication by providing a secure, standardized protocol. Developers using ZKsync’s network can now leverage Chainlink CCIP to build sophisticated decentralized applications (dApps) that operate across multiple blockchain ecosystems.
Strengthening the Layer 2 Ecosystem
ZKsync has become a prominent player in the zero-knowledge (ZK) space, particularly for its role in scaling Ethereum. The introduction of Chainlink CCIP on ZKsync will reportedly solidify the network’s standing by enabling more financial institutions and developers to operate securely across multiple chains.
Real-World Use Cases and Tokenized Assets
Chainlink’s presence in the blockchain industry continues to expand as it integrates its services with various networks to improve transparency and reliability. Recently, Chainlink launched its flagship products, Chainlink Data Streams and Chainlink VRF, on Base, a Layer 2 network incubated by Coinbase. These tools are tailored to the DeFi market, offering seamless execution and enhanced user experiences. Further, last July, Chainlink partnered with Fidelity International and Sygnum to bring the Net Asset Value (NAV) of a $6.9 billion Institutional Liquidity Fund on-chain.
The launch of Chainlink CCIP on ZKsync Era Mainnet opens new possibilities for cross-chain transactions and strengthens the standing of both Chainlink and ZKsync in the blockchain industry.
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