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Cross-chain technology collaboration with Datachain

Datachain Corporation and Turingham have entered into a partnership for the purpose of technical collaboration on cross-chain blockchain technology.

We will implement initiatives to solve scalability and interoperability issues through the application of cross-chain technology.

What is cross-chain technology?

Cross-chain technology is a technology that enables transactions between incompatible different blockchains that cannot be directly traded due to inherently different consensus algorithms and rules.

Basically, this can only be done through a crypto asset exchanger (exchange), which requires extra fees and trust to a third party. Cross-chain technology solves this problem. It also solves the scalability problem of escalating fees as the chain grows in size.

The ability to run on different blockchains will allow DApps to be deployed on multiple platforms, making it possible for various developers to collaborate, which will lead to the development of the blockchain.

Avalanche, Polkadot, and Cosmos are representative platforms that are currently developing this cross-chain technology.

Although this technology will lead to significant development of the blockchain, there is a major issue of security vulnerability. Cross-chain bridges are very complex to build as a whole and to audit code after construction.

We are developing the technology based on solving these security issues.

If you are interested in our web3business including cross-chain technology, please feel free to contact us through the inquiry on our service page.


Datachain Corporation

We are developing cross-chain technology and other interoperability-enhancing technologies as our business, aiming to accelerate data sharing and process collaboration in blockchain and existing systems.
We have developed the project "YUI," which enables interoperability between multiple different ledgers and enables cross-chain application development, and "Interchain bridge" middleware that enables interoperability of blockchain with difficult-to-reform systems and existing RDBMS with a simple architecture.
Trade name: Datachain inc.
Location : 3-2-1 Roppongi, Minato-ku, Tokyo
Representative Director : Tetsushi Hisada
Establishment : March 2018
Corporate website : https://ja.datachain.jp/

Turingum

We offer Web3 business consulting, blockchain system development, and NFT/SBT services.
We are posting about Web3, about our research in Turingum, about the tools we use for development, etc. on NOTE. For more information, please visit the following link.
Turingum note profile
Turingum's business direction
About Turingum and its history
Trade name: Turingum inc.
Location: 6-7-2 Minami-Aoyama, Minato-ku, Tokyo
Representative Director: Hiroki Tahara
Establishment: June 7, 2019
Corporate website: https://turingum.com/

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