Blockchain
Multichain released anyCall, a cross-chain message router protocol
Multichain announced the launch of its V4 product, anyCall. anyCall revolutionizes cross-chain interoperability as it enables sending cross-chain messages and call contracts from chain A to chain B with just one transaction. anyCall is co-working with DeFi leading players on cross-chain Dapps and some of them have already implemented anyCall, which will be released soon.
What is anyCall？
This is the next phase of revolutionary interoperability features offered by Multichain. anyCall is a generic cross-chain messaging protocol, which can send cross-chain messages and call contracts from chain A to chain B. It enables the easy calling of contracts native to one blockchain from any other blockchain. The call is secured by Multichain nodes, which are already used to secure billions of assets.
With just one transaction, anyCall can send arbitrary data, like smart contracts, NFTs, messages, tokens, data, etc to any other blockchain.
How does anyCall work?
The anyCall contract is made up of the following contracts and functions-
1. anyCall Function – Resides on the source chain. The anyCall function calls the anyCall contract and stores the instructions to be executed on the destination chain.
2. Multichain MPC nodes – The anyCall contract resides in a common MPC address on all blockchains. The contract detects the invocation of the anyCall function, and performs security and validity checks before relaying the message to the destination chain.
3. anyExec Function – Resides on the destination chain. The anyExec function receives the instructions sent from the source chain through the anyCall contract and executes them in the destination chain.
Here‘s more information about anyCall. Find more information about anyCall.
What makes anyCall stand out?
- ● Universal cross-chain communication
With the help of the anyCall function, a contract on the destination chain can be called directly from the source chain. Therefore the generalization of the anyCall function enables it to share information like commands, state, data or even messages across chains, making it optimal for any sort of cross-chain communication.
- Secured by the MPC network
Whenever the anyCall contract is called in the source chain, it is the MPC nodes that verify the transfer of information across any chain through the anyCall contract. MPC as we know, is one of the most decentralized and secure systems to relay information across blockchains.
- Easy to deploy
anyCall can easily be implemented on any blockchain, as it is just a contract. Its implementation does not require a hard fork. The methods are well described in our documentation and we provide friendly and reachable support for coders implementing it.
- Backed up by the Multichain ecosystem
The Multichain ecosystem is one of the most robust and advanced cross-chain communication protocols in Web3. The MPC network in the multichain ecosystem is efficiently decentralized and secure, reaching more than 40 blockchains now, with many more on the way. Therefore by being a part of the multi-chain ecosystem, you know that your investment in time to integrate anyCall will be rewarded as we grow and it becomes a standard in our industry.
anyCall cross-chain use cases
In the future, anyCall will change how developers think about and build Dapps radically, unlocking potential in cross-chain DEX, cross-chain lending protocols, cross-chain DAO voting, cross-chain arbitrage bots, cross-chain oracles, data sharing, cross-chain NFT migration and even Unified Metaverse. With anyCall, anything can be interoperable across any blockchains in one single process.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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