Okto has announced that its Okto Wallet will now support AggLayer, a cross-chain settlement solution developed in partnership with Polygon Labs.
The partnership, unveiled at the Aggregation Summit and shared with crypto.news, aims to simplify users’ interactions with various blockchain networks, making decentralized finance more accessible without the need for technical knowledge.
The AggLayer solution enables blockchain networks to communicate and interact, addressing one of the key challenges of DeFi: chain interoperability.
By integrating with AggLayer, Okto Wallet allows users to transact across multiple blockchain networks through a single interface.
This means users don’t have to navigate each blockchain individually, simplifying the experience.
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Chain abstraction stack
Okto is also introducing a Chain Abstraction Stack, which includes the Okto App Chain, a customizable blockchain solution built with Polygon’s Chain Development Kit. This stack is designed to help developers create decentralized applications without the need for extensive blockchain expertise.
By offering tools that simplify the complexities of blockchain, Okto aims to expand the DeFi ecosystem and potentially reach a broader audience.
Okto’s integration with AggLayer marks a step toward “chain abstraction” – hiding the technical differences between blockchains to enable seamless user interactions with DeFi.
This collaboration could make decentralized finance more accessible to millions, paving the way for a more interconnected blockchain environment.
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