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Okto Unveils Testnet to Boost Blockchain Operations

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by Giorgi Kostiuk

7 hours ago


Okto platform has launched a testnet to meet growing demands in blockchain interoperability.

About Okto Platform

Okto is a comprehensive chain abstraction platform aimed at simplifying decentralized application development and facilitating cross-chain transactions. The new testnet allows applications to integrate with various blockchain networks such as all EVM chains, HyperLiquid, Aptos, Solana, and Cosmos.

Chain Abstraction Technology

Okto's abstraction technology is already showing impressive results across gaming, social, and DeFi applications. The platform optimizes interfaces and streamlines the process of working with Web3 technologies.

Neeraj Khandelwal, Co-Founder of Okto and CoinDCX, noted that their chain abstraction technology has significantly simplified user interaction, aligning it more closely with the Web2 model.Neeraj Khandelwal

Key Partnerships and Innovations

Okto actively collaborates with leading companies in the blockchain field. The team has worked with organizations like Nethermind and Silence Laboratories, resulting in a 90% reduction in development time.

Rohit Jain, Head of DeFi Initiatives at Okto and CoinDCX, emphasized the importance of partnerships with players like EigenLayer and Polygon CDK for their current success.Rohit Jain

The launch of the Okto testnet opens up new possibilities for cross-chain integration and marks a new phase in simplifying interactions between various blockchain networks.

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