Blockchain
Celer’s Interchain Messaging (IM) Framework is a cross-chain composability solution that enables the creation of cross-chain dApps, promoting efficient liquidity utilization, coherent application logic, and shared state across numerous chains. This Celer IM integration is a critical infrastructure element that enables the performance and functionality of the Oasis Privacy Layer powered by Sapphire.
This integration allows EVM network applications such as Ethereum, Avalanche, BNB, Polygon, and Arbitrum to take advantage of the unique confidentiality capabilities of the Sapphire network. This integration allows developers to build EVM-based dApps.
Celer’s IM has several attractive features including Plug and Play, Multichain Support and Single UX. This expansion enables new web3 use cases and is a catalyst for popular web3 sectors such as DeFi, NFTs, decentralized identity, DAO governance, and gaming.
The ability for builders and makers to compete with legacy Web2 Web3 products and services is essential to the mass adoption of Web3. Oasis technologies such as the Oasis Privacy Layer try to solve this problem. With Celer, the Sapphire-powered OPL makes it easy to design complex, sophisticated, and interoperable dApps, deploy Sapphire technology on any EVM network, and build next-generation Web3 dApps to compete with Web2.
Celer and Oasis have been working together for over a year to give both Web3 ecosystems access to instant, low-cost cross-chain value transfers and the best Web3 user experience focused on performance and privacy. Focusing on the Sapphire runtime, this latest collaboration between Celer and Oasis extends a relationship between the two communities that began in February 2022.
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