FinTech

Blockchain Bridges: Definition, Types, Capabilities And Risks

Blockchain bridges address this problem by enabling the motion of transactions and data sets in a trustless, bidirectional, or unidirectional manner. They obtain this by facilitating the exchange of decentralized identities, off-chain data, and clever contract calls. Blockchain bridges, also called cross-chain bridges, serve as tools that facilitate the seamless switch of belongings and information …

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