July 24, 2024
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Hashport Launches Out To power cross-network digital asset transfers

Hashport

Hashport is a public utility that handles the movement of digital assets. Especially, between distributed ledger technology networks without the need for a native network token.
More so, Hashport announces it will be launching on Nov. 9, as per amedia statement. Furthermore, Hashport will able to connect the Hedera public ledger to the Ethereum and Polygon networks.

More so, it will also leverage on the Hedera Consensus Service (HCS). Then, and validator partners around the world to keep safe the network.

Also, Payment platform Worldpay from FIS, the HBAR Foundation, Ethereum scaling solution Polygon. Also, Hong Kong-based blockchain gaming unicorn Animoca Brands, Hong Kong-based digital asset custodian Hex Trust. Then, StableNode, LimeChain, Calaxy and BCW Group joins as members of the Hashport “validator swam.”

Additionally, The validator swarm is a decentralized group of industry-leading organizations. Notably, they are from different regions of the world pushing the operations, governance and security of Hashport.

So, this is according to information from Hex Trust on about Hashport launch.

“Cross-chain interoperability is key to building sustainable DeFi…”
“ecosystems, unlocking new liquidity, scaling the Metaverse, and more,”


Lastly, Shayne Higdon, executive director and CEO of the HBAR Foundation adds.

“Hashport will provide one of the first mechanisms in bridging the gap between DLT…”
“networks and communities, and the HBAR Foundation is…”
“committed to supporting a wide range of onramps into the Hedera ecosystem.”

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