Zilliqa & Poly Network are developing an Interoperability bridge togetherPoly Network's interoperability layer connects several chains together in a decentralised manner. It provides a bridge that takes data or requests from one chain and passes it to another in the format the latter expects- thereby allowing free flow of assets across chains like Zilliqa, Ethereum, Neo, Ontology, Binance Smart Chain!
This tool will enable easy asset transfer & conversions (e.g: converting BTC to an ERC-20 token) following which token holders can benefit from Zilliqa's lower transaction fees.
Developers will also benefit, as they can build cross-chain logic in their Scilla smart contracts and easily integrate them on other chains!
These functionalities will be leveraged on our DEX ZilSwap to bridge various assets to Zilliqa as ZRC-2 tokens.
Learn more about the Poly Network alliance here: https://blog.zilliqa.com/zilliqa-announces-interoperability-alliance-with-poly-network-4c171ee2f58d
