On April 29, 2021, Torum is proud to announce a strategic partnership with Poly Network, a cross-chain interoperability protocol that is building the next generation internet infrastructure by integrating main public chains, like Bitcoin, Ethereum, Neo, Ontology, Elrond, Ziliqa, Binance Smart Chain, Huobi ECO Chain and Cosmos-SDK.
Having Poly Network as a strategic partner provides Torum and the community a seamless cross-chain operation and secured on-chain transactions on most mainstream blockchains at minimal cost. In return, Torum will onboard the entire community base to Poly Network, as well as promoting their cross-chain services to our ecosystem partners.
Yi Feng Go, CEO & Founder:
“As more public chains enter the space, blockchain interoperability is getting more and more important. In the next 2–3 years, any project with interoperability on multiple chains will have a solid competitive edge. So, the cross-chain feature of Poly Network comes at the right moment.”
Tan Yuan, Tech Leader of Poly Network:
“The main purpose of blockchain interoperability is to scale up the widespread adoption of the industry. With their vibrant user base, having Torum as our strategic partner enables Poly Network to move 10 steps ahead of our adoption goal.”
About Poly Network
Poly Network is an interoperability protocol for heterogeneous blockchains. It has a wide range of support across a lot of blockchains as a result of how easy it is to join in. Based on cryptography, Poly Networks adds an extra layer of complex security mechanisms that makes cross-chain transactions extra secure.
Poly Network has implemented interoperability with 9 heterogeneous chains including Bitcoin, Ethereum, Neo, Ontology, BSC, Heco, Elrond, Zilliqa and Cosmos-SDK. Since the launch, the protocol has enabled cross-chain asset transfer of more than 4.1 billion U.S. dollars involving more than 50,000 addresses on different blockchains.
Torum is the first DeFi and NFT-integrated social media platform in the crypto space. Backed by over 15 prominent strategic investors like AU21, Consensus Lab, Waterdrip Capital, Chain Capital, Oasis Capital, Torum is now one of the fastest-growing social media platforms joined by over 32,000 cryptocurrency users from every corner of the world.
In future, Torum strives to become the key adoption bridge that connects the general public to the crypto space.