Continuing our dedication to providing Web3 developers with the best infrastructure for building feature-rich dApps, the Chainlink Cross-Chain Interoperability Protocol (CCIP) is now available on BNB Chain. This integration unlocks developers from across the multi-chain ecosystem to securely expand to, and build with, BNB Chain and other CCIP-connected blockchains.
BNB Chain developers who are interested in expanding their decentralized application are invited to check out the documentation here.
Underpinned by the same time-tested infrastructure such as Chainlink Data Feeds, CCIP unlocks a new era of simple and secure cross-chain development. Specifically, Chainlink CCIP is powered by Chainlink decentralized oracle networks, which have a proven track record of securing tens of billions of dollars and enabling over $8 trillion in on-chain transaction value. CCIP also features additional safety mechanisms, such as customizable rate limits on token transfers and a separate Risk Management Network that monitors the validity of all cross-chain transactions.
“Chainlink has set the standard for security in the space, with many BNB Chain projects using its wide range of Web3 services to help power their applications,” said Arno Bauer, Senior Solution Architect at BNB Chain. “The combination of Chainlink’s time-tested infrastructure and CCIP’s security-first design means that for the first time, developers have a future-proof cross-chain solution that they can rely on, and as always, BNB Chain will provide the best environment for devs to start building these innovative cross-chain use cases.”
These security-first features empower BNB Chain developers to future-proof their applications, unify liquidity, and unlock a better user experience across chains in a secure manner. Whether it’s a natively cross-chain token or the use of cross-chain collateral to unify fragmented liquidity across multi-chain applications, Chainlink CCIP unlocks brand-new use cases and provides BNB Chain developers with the most secure, reliable, and easy-to-use interoperability protocol for building cross-chain applications and services. Projects such as THENA, InsurAce, BetSwirl, and Galaxis are using CCIP on BNB Chain to power their applications.
We look forward to seeing what BNB Chain developers build with this new cross-chain primitive, and we invite developers across the multi-chain ecosystem to start adding BNB Chain and its users to their application stack using CCIP.
“We’re excited to be supporting BNB Chain developers with a secure cross-chain messaging protocol that’s needed to build seamless cross-chain applications,” stated Johann Eid, Chief Business Officer at Chainlink Labs. “BNB Chain’s fast execution, robust infrastructure, and mature tooling ecosystem make it one of the friendliest environments for Web3 developers, and we’re excited to see how the ability to seamlessly expand across the multi-chain ecosystem sparks widespread developer innovation.”
Chainlink is the industry-standard Web3 services platform. It has enabled trillions of dollars in transaction volume across DeFi, on-chain finance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink empowers developers to build feature-rich Web3 applications with seamless access to real-world data, off-chain computation, and cross-chain interoperability across any blockchain, providing global enterprises with a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. Register for SmartCon 2023 in Barcelona, the Web3 event of the year happening this October 2-3.
BNB Chain is a community-driven ecosystem with multiple decentralized blockchains, powered by BNB. It consists of BNB Beacon Chain, its staking and governance layer, BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem with its Layer-2 solutions including opBNB, and BNB Greenfield, its decentralized data storage network.
The BNB Chain ecosystem has the world’s largest smart contract blockchain (BSC) by daily active users and has processed 3 billion transactions to date from 232 Million unique addresses. This makes it the largest layer 1 blockchain globally and brings developers massive user access with ultra-low gas fees, higher transactions per second and has experienced zero crashes since its inception. The ecosystem has more than 1,500 estimated active dApps at any given time across multiple categories such as DeFi, Metaverse, Blockchain Gaming, SocialFi, NFT, Infrastructure, and more. There are numerous programs available to support the Web3 ecosystem including the Gas Grant, Builder Grant, Kickstart, Most Valuable Builder (MVB) and AvengerDAO.