ZetaChain (ZETA), a novel Layer-1 omnichain smart contract platform, announced a collaboration with Singapore-based public blockchain platform Klaytn to bring multichain connectivity to the Klaytn network. Integrating ZetaChain into Klaytn will allow KLAY developers to provide full interoperability to existing and new smart contracts.
ZetaChain is a protocol-agnostic blockchain that supports generic omnichain smart contracts that connect all blockchains, including Ethereum, Polygon, and BSC, and non-smart contract blockchains like Bitcoin and Dogecoin, without the use of bridges or wrapped tokens. The platform, founded by early Coinbase and Binance employees, recently launched a native asset cross-chain swap on its testnet. To date, 190,000 users have signed up to be beta testers.
Klaytn serves as a link between Web2 and Web3 enterprises. It is a public blockchain centred on the metaverse, gamefi, and the creator economy. Klaytn, backed by South Korean internet giant Kakao Corp, is now expanding globally from its international headquarters in Singapore.
Klaytn, like Ethereum, Polygon, and Binance Smart Chain, is now supported on Zetachain’s testnet and will soon be available on the ZetaChain mainnet. Currently, omnichain dApp developers can use the Zeta Connector to create and test smart contracts on ZETA. On the ZetaLabs testnet, users can now natively swap assets to and from Klaytn and other connected chains.
The Klaytn-ZetaChain collaboration will result in a more versatile ecosystem of cross-chain applications such as a cross-chain swap, DEX, multichain NFTs, and more. For transferring native assets between chains, these applications will provide significantly increased liquidity and capital efficiency.
The Klaytn-ZetaChain collaboration will result in a more versatile ecosystem of cross-chain applications such as a cross-chain swap, DEX, multichain NFTs, and more. For transferring native assets between chains, these applications will provide significantly increased liquidity and capital efficiency.
