Demex Daily #18: $LINK Chainlink Partners with Arbitrum to Improve Cross-Chain Apps

What’s Interesting Today:

The Open Network (TON) Foundation has joined forces with Chainbase and Tencent Cloud to simplify blockchain development and accelerate Web3 adoption in the Asia-Pacific region. Tencent Cloud will provide reliable computing resources and network support, particularly for web apps and bots in Telegram. Chainbase will offer data indexing products, enabling easy access to and analysis of all TON data. The partnership aims to provide high-performance, low-latency blockchain solutions and will make a dedicated amount of cloud credits and discounts available for projects built on TON. Both parties are committed to delivering transformative blockchain-based solutions globally.

Trade The Open Network TON-PERP on Demex!

Chainlink has partnered with Arbitrum One, Ethereum's layer-2 scaling solution, to advance the development of cross-chain DApps. The collaboration aims to support diverse applications like cross-chain tokenization, gaming, and data storage. This integration capitalizes on Arbitrum's efficient, low-cost scaling and optimistic rollup tech, while Chainlink's Cross-Chain Interoperability Protocol (CCIP) enhances smart contracts by enabling secure interactions with real-world data, thereby promoting DApp growth and innovation.