WEB3
by BSCN
June 12, 2024
Chainlink's CCIPl and Automation are now live on Gnosis, enhancing data access, computation, and cross-chain connectivity.
Gnosis has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Automation live on its mainnet, according to a press release shared with BSCN. This builds on their previous integration of Chainlink Price Feeds, allowing developers on Gnosis to leverage the full suite of Chainlink services.
These tools reportedly provide access to data, compute, and cross-chain connectivity, enabling the creation of more advanced and secure on-chain applications.
“With Chainlink CCIP and Automation now live on Gnosis, devs have access to secure blockchain interoperability and verifiable compute,” said Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs. “With highly reliable, secure, and decentralized Chainlink services available on Gnosis’s scalable chain, developers have the infrastructure needed to develop next-gen applications and scale them to mass adoption.”
As per reports, Chainlink CCIP is recognized as the industry-standard solution for blockchain interoperability. With CCIP, Gnosis developers can now build applications capable of sending messages, transferring tokens, and initiating actions across various blockchain networks.
This protocol is supported by Chainlink's Oracle infrastructure, which has reportedly facilitated over $12 trillion in on-chain transactions.
According to Chainlink, Automation provides a secure, reliable, and cost-effective automation service for Web3 developers. This service offers a variety of triggers, enabling new ways to connect applications on-chain.
Through Automation's verifiable compute, Gnosis developers can offload compute-heavy tasks to the Chainlink Network. This maintains blockchain verifiability standards while reducing gas costs by up to 90%, opening up possibilities for advanced use cases.
In January, Chainlink Automation went live on Base, offering verifiable, decentralized, and gas-efficient smart contract automation capabilities. This integration allows Base developers to use advanced Chainlink services, including CCIP, Data Feeds, and Automation, to create hyper-scalable applications.
Further, Chainlink announced the general availability of its CCIP on April 24. Several prominent platforms have already integrated CCIP. Aave uses CCIP for cross-chain transfers of its GHO stablecoin. Metis has adopted CCIP as its standard token bridge, and WEMADE has implemented it as the exclusive cross-chain infrastructure on its WEMIX3.0 mainnet.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
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