As an important feature of Bholdus, cross-chain enables the Bholdus Chain network to forward and exchange with all other blockchain networks. Cross-chain is also designed to ensure the best user experience, with security being a priority, along with fast transaction speeds and low usage fees.
On December 15th, Bholdus officially introduced the cross-chain function. Cross-chain (also known as inter-network or cross-chain) is a solution to move digital assets – including tokens and NFTs from one blockchain to another in order to optimize interoperability between the blockchains and create an interactive multi-chain -Create network and exchange information.
This cross-chain feature allows users and developers using the Bholdus Chain platform to move digital assets back and forth between different blockchains, which serves multiple purposes, such as exchanging assets in GameFi, connecting DeFi applications under the technology platform via interfaces optimized for users by Bholdus.
The Bholdus team researches and develops a decentralized cross-chain solution that uses heterogeneous cross-chain mechanisms. With this solution, Bholdus would like to solve the currently still open problem of the cross-chain, namely security and high costs.
The Bitcoin, Ethereum, BSC, Solana networks … are connected to the Bholdus chain via a heterogeneous cross-chain mechanism. With Polkadot in particular, Bholdus will build a sidechain to participate in Parachain and to help Sidechain to freely exchange and interact with all other Parachains. The Bholdus chain will “build a bridge”, cross-chain with sidechain, to connect to the Polkadot ecosystem.
In the upcoming mainnet version at the end of December, the cross-chain function will enable Bholdus to exchange and move digital assets with the Binance Smart Chain (BSC) network. After the launch of the BSC cross-chain integrated mainnet, Bholdus goes through the audit process (audit) by a third party, which helps to ensure the safety of users and avoid risks that may arise in the network. According to the roadmap, the cross-chain function will be further developed and expanded to other common blockchain networks such as Bitcoin, Ethereum, Polkadot, Solana.
Phan Duc Nhat, co-founder and CEO of the Bholdus project, announced: “The cross-chain function will help blockchain to overcome boundaries and, in the truest sense of the word, to decentralize them.” Becoming blockchain, the cross-chain function will help Bholdu to have a solid foundation for developing his own ecosystem with GameFi and DeFi projects. At the same time, it will become the center for the transfer of assets between ecosystems. This feature once again confirms that the project is on the right track.
Bholdus is an inter-blockchain trading platform that helps popularize decentralized finance – DeFi app and NFTs. Bholdus has set itself the task of closing the gap between the digital currency area and real verified assets through blockchain with optimal costs, security and outstanding transaction processing speed. This allows crypto projects such as gamefi & metaverse to tokenize their assets in NFTs and asset-based tokens as proof of credit and thus facilitate access to financial services.
In addition, Bholdus has built strategic relationships with leading companies such as the Singapore Fintech Association, Global DCA, TechQuartier, etc.
In the five-year roadmap, Bholdus aims to become a multinational technology “unicorn” that focuses and emphasizes the vision of building a multi-hub across GameFi and Metaverse to provide limitless and defining experiences. Reinterpretation of a new real world.
Find out more about Bholdus at:
Website: http://bholdus.com
– Twitter: https://twitter.com/bholdus
– Fanpage: https://fb.com/bholdus
– Telegram News Global: https://t.me/Bholdus
– Telegram Chat Global: https://t.me/Bholdus_ENcommunity
– Telegram chat Vietnam: https://t.me/bholdus_VI
– Telegram Chat Philippines: https://t.me/Bholdus_ph
– Telegram chat Korea: https://t.me/Bholdus_kr
– Telegram Chat Indonesia: https://t.me/Bholdus_id
– Telegram Chat Brazil: https://t.me/bholdus_br
– Telegram Chat Russia: https://t.me/bholdus_ru
– Telegram Chat Nigeria: https://t.me/bholdus_ng
– Telegram Chat Turkey https://t.me/Bholdus_tr
– Telegram Chat China https://t.me/Bholdus_cn
– Telegram chat India: https://t.me/bholdus_in
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