The DFINITY Foundation has announced the launch of Orbit, a platform for managing assets and smart contracts across multiple blockchains.
Introduction to Orbit
Today, the DFINITY Foundation announced the launch of Orbit, a platform for managing assets and smart contracts on blockchain networks like ICP, Ethereum, Bitcoin, and Solana. This solution provides developers with a unified, smart contract-based system for more secure and multi-user asset and contract management.
Key Components of Orbit
Orbit consists of two core components: - Orbit Station – the main smart contract of the platform, offering policy management, transaction execution, audit logging, and asset management. - Orbit Wallet – is an interface for asset management, featuring batch transactions, counterpart management, and detailed audit logging.
Future Development of Orbit
Orbit supports ICP and ICRC-1 tokens, as well as governance for ICP-based smart contracts. There are plans to add support for ETH, ERC-20, and Bitcoin tokens. Users can already enhance Orbit’s capabilities by integrating custom ICP smart contracts and using Orbit as an authorization layer to secure multi-chain operations.
Orbit by DFINITY Foundation offers a new framework for secure and convenient asset management across various blockchains, enabling teams to scale their solutions more confidently.
