Hedera has announced the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) on its mainnet, providing new opportunities for decentralized applications.
Launch of CCIP on Hedera
Hedera is actively developing its blockchain ecosystem with the launch of Chainlink's CCIP on its mainnet. This innovation will allow developers to create decentralized applications that connect Hedera with over 46 other blockchains, with additional networks being added in the future.
Opportunities for Developers
CCIP enables secure transfer of tokens, messages, and actions between chains, opening new horizons for DeFi and real-world asset tokenization. This integration simplifies the migration of users and liquidity from other chains to the Hedera network, supporting the growth of DeFi and tokenized asset ecosystems.
Comments from Hedera and Chainlink Representatives
Greg Scullard from Hedera highlighted the importance of secure blockchain interoperability for developers, expressing excitement over the launch of CCIP. He referred to it as a 'game-changing standard' that will help build powerful applications. Thodoris Karakostas from Chainlink Labs expressed their excitement to see the Chainlink standard for cross-chain interoperability live on Hedera and expects it to drive adoption in the DeFi and real-world asset ecosystems.
The integration of CCIP on Hedera marks a significant advancement in cross-chain interoperability, supporting the expansion and enhancement of decentralized applications and protocols built on the network.
