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Home»Blockchain»Oasys partners with Datachain and TOKI to transform Web3 Gaming interoperability
Blockchain

Oasys partners with Datachain and TOKI to transform Web3 Gaming interoperability

2023-12-22No Comments3 Mins Read
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This partnership with Datachain and TOKI marks the latest in a series of high-profile collaborations for Oasys, demonstrating its commitment to expanding its ecosystem and progressing through its roadmap.

Oasys, a leading gaming-focused blockchain, has formed strategic partnerships with Datachain and TOKI to improve the interoperability of its Web3 games built. This partnership with Oasys demonstrates the industry’s commitment to pushing the boundaries of Web3 gaming, despite difficult conditions in the broader crypto market over the past 18 months.

Oasys’ commitment to unique Blockchain experiences

Daiki Moriyama, director of Oasys, highlights the crucial role of interoperability in shaping the future of blockchain gaming. Moriyama notes: “At Oasys, we passionately believe that the future of blockchain gaming depends on delivering unique experiences that are only possible through blockchain technology.”

According to a press release shared with Coinspeaker, Datachain’s globally recognized Inter-Blockchain Communication (IBC) technology, supported by multiple grants from the Interchain Foundation, is central to this partnership.

IBC is hailed as the gold standard for Web3 interoperability, enabling secure and efficient communication between different blockchains. The permissionless nature of IBC, combined with its ability to facilitate cross-chain transactions with built-in response features, aligns perfectly with Oasys’ vision for the future of blockchain gaming.

TOKI, a pioneer in the development of cross-chain bridges using IBC technology, adds a new layer of innovation to the collaboration. With a focus on maximizing the potential of IBC, TOKI aims to improve the user experience (UX) of web3 games on Oasys. By seamlessly connecting different blockchains, TOKI enables cross-chain transactions with one click, giving players unprecedented flexibility and ease of use.

See also  Bybit and Solana Foundation organize groundbreaking Web3 roundtable conference

The collaboration with Datachain and TOKI in particular delivers tangible benefits for Oasys users. The integration of IBC enables the settlement of Non-Fungible Tokens (NFTs) on one blockchain within Oasys to occur seamlessly on the other.

This reduces friction for gamers and provides a smoother and more enjoyable gaming experience. Furthermore, the partnership opens the door to the possibility of running applications on Oasys using stablecoins issued through Progmat Coin with a simple click, demonstrating their commitment to innovation.

Oasys receives support from major gaming companies

Oasys, as the gaming-spec blockchain, has received support from major gaming companies such as SEGA, Bandai Namco, Square Enix and Ubisoft, all of whom play a crucial role as validators for the network.

Furthermore, this partnership with Datachain and TOKI marks the latest in a series of high-profile collaborations for Oasys, demonstrating its commitment to expanding its ecosystem and progressing through its roadmap.

In recent developments, Oasys announced a strategic partnership with Fireblocks LLC, a New York-based software development company, and Singularity, a cross-chain payment solution. These alliances aim to reduce entry requirements for game developers and improve payment experiences within the Oasys ecosystem.

Furthermore, the recent release of the “Dragon Update” in Oasys marks a turning point in the history of blockchain, focusing on three key pillars including interoperability, ecosystem development and great content. The collaboration with Datachain and TOKI is the first step towards achieving these goals.

Overall, this series of collaborations is a step forward towards a new era of smoother in-game transactions and a more enjoyable gaming experience for players.

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Datachain gaming Interoperability Oasys Partners TOKI Transform Web3
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