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AELF Partners With ChainsAtlas to Pioneer Interoperability in Blockchain

The strategic partnership ushers in a new era for Web3, revolutionising cross-chain dApp and Web2 app integration.

aelf is advancing cross-chain interoperability through a strategic partnership with ChainsAtlas. By utilising ChainsAtlas’ innovative virtualisation technology, aelf will enable decentralised applications (dApps) from diverse blockchains to seamlessly migrate and integrate into the aelf blockchain, regardless of the dApps’ smart contract specifications. This collaboration marks a significant step towards a globally interconnected and efficient blockchain ecosystem, breaking down the silos between blockchains.

Khaniff Lau, Business Development Director at aelf, shares, “The strategic partnership with ChainsAtlas is a significant step towards realising our vision of a seamlessly interconnected blockchain world. With this integration, aelf is set to become a hub for cross-chain activities, enhancing our ability to support a wide array of dApps, digital assets, and Web2 apps. This collaboration is not just about technology integration; it’s about shaping the future of how services and products on blockchains interact and operate in synergy.”

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Jan Hanken, Co-founder of ChainsAtlas, says, “ChainsAtlas was always built to achieve two major goals: to make blockchain development accessible to a broad spectrum of developers and entrepreneurs and, along that path, to pave the way for a truly omnichain future.”

“By joining forces with aelf, we are bringing that visionary future much closer to reality. As we anticipate the influx of creativity from innovators taking their first steps into the world of Web3 on aelf, driven by ChainsAtlas technology, we are excited to see these groundbreaking ideas come to life,” adds Hanken.

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The foundation for true cross-chain interoperability is being built as aelf integrates ChainsAtlas’ Virtualization Unit (VU), enabling the aelf blockchain to accommodate both EVM and non-EVM digital assets. This cross-chain functionality is accomplished through ChainsAtlas’ virtualisation technology, allowing aelf to interpret and execute smart contracts written in other languages supported by ChainsAtlas, while also establishing state transfer mechanisms that facilitate seamless data and asset flow between aelf and other blockchains.

Through this partnership, aelf blockchain’s capabilities will be enhanced as it is able to support a more comprehensive range of dApps and games, and developers from diverse coding backgrounds will now be empowered to build on aelf blockchain. This partnership will also foster increased engagement within the Web3 community as users can gain access to a more diverse range of digital assets on aelf.

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Looking ahead, the partnership between aelf and ChainsAtlas will play a pivotal role in advancing the evolution of aelf’s sidechains by enabling simultaneous execution of program components across multiple VUs on different blockchains.

[To share your insights with us, please write to sghosh@martechseries.com]

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