• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Bitcoin
    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    Bitcoin ETFs could have the same result as CME group futures launch in 2017

    featured image

    How Bitcoin can be hacked?

    keep bitcoin safe

    Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

    featured image

    Bitcoin IRA – Everything You Need to Know

    A trillion dollar tsunami is about to hit Bitcoin

    A trillion dollar tsunami is about to hit Bitcoin

    featured image

    Why Bitcoin will always be the number one cryptocurrency? Explained

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

    Trending Tags

    • Crypto Gems
    • NFT
    • DEFI
    • Crypto Lists
    • Altcoin
    • Crypto Market
    • Guide
    • IBC Capital
    No Result
    View All Result
    • Bitcoin
      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      featured image

      How Bitcoin can be hacked?

      keep bitcoin safe

      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

      featured image

      Bitcoin IRA – Everything You Need to Know

      A trillion dollar tsunami is about to hit Bitcoin

      A trillion dollar tsunami is about to hit Bitcoin

      featured image

      Why Bitcoin will always be the number one cryptocurrency? Explained

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      Trending Tags

      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Press Release

      Magic Square Integrates With deBridge

      Hitesh Malviya by Hitesh Malviya
      May 24, 2022
      in Press Release
      0 0
      0
      Magic Square Integrates With deBridge
      24
      SHARES
      294
      VIEWS
      Share on FacebookShare on Twitter

      In the initial stage of the blockchain industry, the priority for many stakeholders was simply getting their feet in the door. This means attracting more people to the blockchain industry, securing mainstream acceptance, and so on. Now, over a decade since the inception of Bitcoin, these priorities have changed. What is on the minds of many blockchain projects and crypto users is getting access to more innovative and convenient blockchain-related products and services.

      A significant development on this path has come via Magic Square with the integration of the deBridge protocol.

      Details About the Integration

      The integration for Magic Square with deBridge focuses on cross-chain interoperability and for Magic Square and its users to seamlessly go cross-chain. Today, there is no single blockchain that everyone uses and that every asset is based on. Instead, there are multiple blockchains including Layer 1s and Layer 2s that are widely used by the public.

      Despite this diversity in blockchain platforms, people still need to transfer assets and data across blockchains. This is where a generic messaging and cross-chain interoperability protocol like deBrigde comes in. As its name implies, deBridge acts as a cross-chain bridge and communication layer that facilitates the effective movement of data and assets across different chains.

      “The basis of cross-chain interoperability is freedom and accessibility for projects and users to move between ecosystems, and everyone needs a secure and reliable infrastructure that enables this. This is why deBridge exists to make sure everyone can scale up to and effectively move between ecosystems to tap into new userbases and opportunities, and to drive overall composability for the space” says Alex Smirnov, CEO & Co-Founder of deBridge.

      Through deBridge, which acts as both an infrastructure platform and framework, all aspects from smart contracts and messages to NFTs and gaming assets can be moved across different blockchains. For users and projects, this means increased opportunities while being connected to different blockchains that they rely on or want to scale up to, and moving their assets and data when needed in a secure and decentralized manner.

      Beyond this, the integration can also open up to more robust DeFi options. Usually, a customer would only be able to access different DeFi features on the blockchain they are using. With this integration, cross-chain lending, staking, lotteries, and so many other opportunities can be accessed. This means users can, for example, move assets and data including staking their tokens across multiple blockchains in a single transaction.

      Needless to say, the integration with deBridge is enabling more access and benefits for everyone involved in the Magic Square ecosystem.

      A More Connected (Blockchain) World

      With more maturity in the blockchain world comes greater demand for flexibility and access to innovative features. “With its new integration, the Magic Square is making sure that not only can its users maximize their benefits with the digital assets they use, but also that they are not restricted to any one blockchain.” said Andrey Nayman, CEO & Founder of Magic Square.

      All in all, Magic Square is making sure that the blockchain world is as connected and robust as possible.

      Hitesh Malviya

      Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
      Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: featured
      Share10Tweet6Share2

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      Engines of Fury Premieres with Teaser Trailer Ahead of anticipated MOBA-RPG Game Launch on blockchain

      Engines of Fury Premieres with Teaser Trailer Ahead of anticipated MOBA-RPG Game Launch on blockchain

      by Hitesh Malviya
      October 5, 2022
      0

      Engines of Fury came to the crypto industry to disrupt the narrative of low-quality games by building the first immersive...

      Prime Stake and Oreol Staking – big conference in Denver

      Prime Stake and Oreol Staking – big conference in Denver

      by Hitesh Malviya
      June 15, 2022
      0

      The long-awaited Cross Staking conference dedicated to cross-staking was held from June 11 to June 12, 2022, in Denver, USA....

      DCAProfit Releases A New DCA Calculator Supporting Dozens Cryptocurrencies And DJIA Performance Comparison

      DCAProfit Releases A New DCA Calculator Supporting Dozens Cryptocurrencies And DJIA Performance Comparison

      by Hitesh Malviya
      May 19, 2022
      0

      DCAProfit has released its new dollar-cost averaging calculator supporting dozens of cryptocurrencies. Moreover, investors can compare these results to the...

      LBank Launches in India

      LBank Launches in India

      by Hitesh Malviya
      April 1, 2022
      0

      While the world seems to be swaying to the ‘inter-nodal symphony’ of cryptocurrencies, India, in particular, looks to be already...

      HOSKINSEA: largest NFT marketplace on Cardano launches $HSK token private sale

      HOSKINSEA: largest NFT marketplace on Cardano launches $HSK token private sale

      by Hitesh Malviya
      March 31, 2022
      0

      Hoskinsea NFT marketplace built on the Cardano network for your favorite Arts - JPGs, PNGs, SVGs, and more! We're proud...

      Load More

      About Us

      We curate the best cryptocurrency projects with the intention of adding value for investors through the process of selecting, organizing, and looking after different projects available in the cryptocurrency market.

      • Trending
      • Comments
      • Latest
      featured image

      List of leading partners of Ripple, and How they use XRP?

      February 2, 2021
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Top crypto coins for 2018

      Top 25 crypto coins to Buy in 2018 [UPDATED]

      October 4, 2018
      IoT Chain

      IoT Chain : The IOTA Killer

      September 20, 2018
      Highlights from 2021: The Year of Crypto

      Highlights from 2021: The Year of Crypto

      December 31, 2021
      Be warned! Hackers are abusing API keys and stealing your funds

      Be warned! Hackers are abusing API keys and stealing your funds

      June 15, 2021
      cryptocurrency

      Top 10 Cryptocurrency Projects from India

      May 18, 2021
      Polygon: The Swiss Army Knife of Web3

      Polygon: The Swiss Army Knife of Web3

      May 27, 2023
      Worldcoin: The Biggest Crypto Scam or Innovation?

      Worldcoin: The Biggest Crypto Scam or Innovation?

      May 18, 2023
      EIP-4844 Explained | The Biggest Ethereum Upgrade

      EIP-4844 Explained | The Biggest Ethereum Upgrade

      February 7, 2023
      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      What Blockchain Can Learn From Barnes & Noble and the Jacksonville Jaguars

      January 17, 2023
      RINO Enterprise Wallet launches free Community Edition

      RINO Enterprise Wallet launches free Community Edition

      January 14, 2023
      Top 5 DeFi Projects on Tezos

      Top 5 DeFi Projects on Tezos

      December 26, 2022
      Modular Blockchains: The Next Big Thing in Web3

      Modular Blockchains: The Next Big Thing in Web3

      December 12, 2022
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        29635 shares
        Share 11843 Tweet 7402
      • A Mysterious Bitcoin Whale who sold 3000 Bitcoins at 58K$, Bought back 3521 Bitcoins in the last three days

        9933 shares
        Share 3972 Tweet 2483
      • Top 10 Low market cap altcoins to invest in 2021

        7269 shares
        Share 2906 Tweet 1816
      • Top 10 NFT Crypto Projects You Should Know

        7256 shares
        Share 2623 Tweet 1640
      • List of leading partners of Ripple, and How they use XRP?

        6150 shares
        Share 2460 Tweet 1537
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • Bitcoin
      • Crypto Gems
      • NFT
      • DEFI
      • Crypto Lists
      • Altcoin
      • Crypto Market
      • Guide
      • IBC Capital

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.