Blockchain interoperability
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Bank of England Working to Synchronize Blockchains With National Payment System
Yahoo Finance· 2025-10-16 14:12
The Bank of England is targeting blockchain interoperability. Credit: Joaquin Carfagna via Pexels. Key Takeaways The Bank of England is exploring blockchain interoperability for its national settlement system. I will launch a new lab to pursue the concept in 2026. With synchronization, central bank money could be used to trigger actions on-chain and vice versa. The Bank of England (BoE) is preparing to embed blockchain interoperability into the U.K.’s national payments infrastructure. As part of it ...
Saudi Arabia's Largest Bank SAB Taps Chainlink To Power Onchain Finance in the Kingdom
Yahoo Finance· 2025-09-17 12:17
Core Insights - Chainlink (LINK) is expanding its presence in Saudi Arabia through a partnership with Saudia Awwal Bank (SAB), which has over $100 billion in assets, to adopt blockchain infrastructure for on-chain finance [1][7] Chainlink Infrastructure - SAB will utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Chainlink Runtime Environment (CRE) to support the region's digital transformation efforts [2] - CCIP facilitates secure cross-chain asset transfers, bridging decentralized applications (dApps) and traditional finance platforms, while CRE serves as a toolkit for developers [2] Recent Developments - This partnership follows SAB's recent agreement with Wamid to explore capital market tokenization [3] - Chainlink has launched tools for traditional finance products across multiple blockchains and a multi-chain compatible version of Tether Gold [4] - The company has also collaborated with the U.S. Department of Commerce to disseminate important economic data across various chains [4] Market Performance - Chainlink's recent adoption has positively impacted LINK's market performance, with the token trading up 117.5% over the past year at $23.16 and a market cap of $15.7 billion [6][7] - The total value secured by the network is approximately $62.93 billion [6] Additional Initiatives - In August 2025, Chainlink launched an on-chain LINK reserve, accumulating 280,049 LINK valued at around $6.5 million, with an average cost basis of $22.44 per token [8] - Despite a recent decline of 1.91% in the past 24 hours, LINK reached a high of $26.74 earlier in 2025 [8]
X @Chainlink
Chainlink· 2025-09-16 21:22
Collaboration and Innovation - Saudi Awwal Bank (SAB), with over $100 billion in total assets, is collaborating with Chainlink to advance onchain finance in Saudi Arabia [1] - The collaboration aims to experiment with secure blockchain interoperability [2] - SAB is committed to driving financial innovation in Saudi Arabia through this partnership [2] Technology Adoption - SAB is leveraging Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Chainlink Runtime Environment (CRE) [1] - This adoption facilitates the deployment of next-generation onchain applications in Saudi Arabia [1]
X @Omni Network
Omni Network· 2025-09-12 11:00
From sept 8 - @OxNimi:“Ethereum. Solana. Avalanche. Base… none of them connect in a way that feels natural. then I found @OmniFDN.”Nimi⚡ (@OxNimi):Ethereum. Solana. Avalanche. Base.Each one runs like a separate universe. None of them connect in a way that feels natural.I started wondering if anyone had actually solved this mess. That’s when I found @OmniFDN.For developers, this means apps get stuck. Expanding means https://t.co/YDe8173CBE ...
X @Polyhedra
Polyhedra· 2025-09-03 15:30
Partnerships & Recognition - Aethir Ecosystem spotlighted Polyhedra Network's co-founder, Tiancheng Xie [1] - The partnership highlights the collaboration between Aethir and Polyhedra Network [1] Technology & Innovation - Tiancheng Xie holds a Ph D in Computer Science from UC Berkeley [1] - He co-authored a paper on trustless blockchain interoperability [1] - Polyhedra Network is building the future of Intelligence [1]
X @CoinDesk
CoinDesk· 2025-07-30 16:14
One step closer to the interoperability that blockchain promised: @Coinbase and @JPMorgan have announced that @Chase points will be interchangeable with $USDC in 2026.📷 : @jessepollak https://t.co/18RqlrDnQ5 ...