Ondo Finance has unveiled Ondo Chain, a new Layer 1 blockchain network aimed at bridging the gap between traditional and decentralized finance.
Innovative Approach of Ondo Chain
Ondo Finance aims to address key challenges in tokenizing real-world assets by ensuring security, compliance, and interoperability. The network will maintain the efficiency and transparency of public blockchains like Ethereum.
Strategies for Solving Infrastructure Challenges
Ondo Chain introduces a hybrid approach, combining the openness of public blockchains with the security and compliance of permissioned chains. The solutions include institutional-grade network security, permissioned validators for compliance, native support for tokenized RWAs, cross-chain interoperability, and institutional-grade governance.
Potential and Advantages of Ondo Chain
Ondo Chain offers global accessibility, lower transaction costs, stronger institutional participation, and seamless DeFi integration. The network provides advantages over existing public and permissioned blockchain networks, ensuring seamless compliance and integration.
Ondo Chain promises a unique combination of advantages by merging public and permissioned blockchains, aiming to expand institutional investors' capabilities in the market of tokenized real-world assets.
