London \u2014 April 27th, 2021. pNetwork, a cross-chain composability system that allows assets and Non-Fungible Tokens (NFTs) to move freely between blockchains, has officially partnered up with Algorand, the pure proof-of-stake blockchain focused on the convergence between decentralized and traditional finance, to launch cross-chain bridges for the Algorand ecosystem.pNetwork has received a grant from the Algorand Foundation for creating a pNetwork-powered bridge for Algorand to be connected with external assets and ecosystems.As the cryptocurrencies industry continues to evolve, the development of alternative financial platforms is on the rise. A critical component for these to succeed is assets\u2019 liquidity, which in the decentralized scene is currently spread across multiple independent blockchain protocols. Similar to all blockchain-based networks, Algorand sits within its own ecosystem, natively difficult to interoperate with other protocols and assets such as Bitcoin or Ethereum.pNetwork\u2019s PNT-powered pTokens bridges are designed to solve this very problem: they provide a general-purpose, simple and secure foundation to make token movement across blockchains possible.With more than 750 organizations leveraging its technology, Algorand is enabling the simple creation of next generation financial products, protocols and exchange of value across defi, financial institutions and governments.The Algorand x pNetwork collaboration is focused on expanding the Algorand ecosystem \u2014 via pNetwork, Algorand will support top cryptocurrencies that are pegged 1:1 to their underlying native versions and are transparently transferred from one blockchain to another.\u201cThe Algorand Foundation is excited to partner with pNetwork to bring easy cross-chain interoperability a step closer\u201d said Sean Lee, CEO of the Algorand Foundation \u201cEnabling assets and tokens from other chains to move freely on the Algorand network is an exciting step in facilitating a new model of finance that merges historic finance, decentralized finance and personally managed finance in our vision of a new Future of Finance \u2014 FutureFi.\u201dpNetwork powers the highest\u2026<\/p>","protected":false},"excerpt":{"rendered":"
London \u2014 April 27th, 2021. pNetwork, a cross-chain composability system that allows assets and Non-Fungible Tokens (NFTs) to move freely between blockchains, has officially partnered up [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4357"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=4357"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/4357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=4357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=4357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=4357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}