• Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
Facebook X (Twitter) Instagram
Trending
  • KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack
  • Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple
  • Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations
  • Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute
  • Yemenis are embracing DeFi in response to US sanctions on the Houthi group
  • Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst
  • Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support
  • Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’
Facebook X (Twitter) Instagram
CoinovelCoinovel
  • Home
  • Cryptocurrency
  • Blockchain
  • Analysis
  • News
    • Regulations Security
    • Getting Started
  • Insights
    • Opinion
    • Expert Interview
  • All Posts
CoinovelCoinovel
Home » Omnichain Protocol Aims to Enhance Interoperability in the Blockchain Industry.
Omnichain Protocol Aims to Enhance Interoperability in the Blockchain Industry.
Omnichain Protocol Aims to Enhance Interoperability in the Blockchain Industry.

Omnichain Protocol Aims to Enhance Interoperability in the Blockchain Industry.

0
By admin on 2024-03-28 Blockchain

Dojima Network is revolutionizing the blockchain industry by enabling seamless interactions between different blockchain networks and simplifying the development process for decentralized applications (DApps). As the blockchain ecosystem has grown into a trillion-dollar industry, the need for interoperability between blockchains has become crucial.

Currently, blockchains are not inherently interoperable, which has led to a fragmented ecosystem with various layer-1 and layer-2 networks. To address this issue, Dojima Network takes an omnichain approach that unifies blockchains regardless of their compatibility with Ethereum’s smart contract executer, the Ethereum Virtual Machine (EVM). The platform provides developers with a marketplace and powerful tools to build cross-chain protocols and faster DApps.

Dojima Network empowers developers by reducing technical barriers and allowing them to build complete applications from templates in just a few minutes. After 15 months of testnet launch and 100,000 hours of development, the network has recently launched its stagenet, which is the alpha version of its mainnet. During this phase, partner blockchains will test stagenet functionalities before deploying them on the mainnet. The stagenet has already processed over one hundred transactions within the first 24 hours.

The platform employs a user-centric approach, attracting a diverse range of developers with its robust marketplace and tools. It consists of two interconnected chains: the Dojima Chain, which hosts development-related activities, and the Hermes Chain, which connects the Dojima Chain to external blockchains, enabling interaction and liquidity sharing.

Dojima Network aims to be more than just a bridge between blockchains. It strives to redefine standards for asset and data management, improving blockchain efficiency and simplicity. The team has expanded its roster and protocol during the crypto winter of 2021, announcing partnerships with major venture capital firms. The testnet and stagenet have gained significant traction, with the stagenet recording high transaction volumes on its first active day. The network is currently focusing on audits and preparations for the mainnet launch, with plans to release a token in the near future.

Akhil Reddy, the founder of Dojima Network, stated that the platform is driving change in the industry. He emphasized the importance of blockchain technology in various industries and the need for interoperability to fulfill the promise of Web3. Dojima Network’s omnichain solutions contribute to the creation of unified blockchains and a digitally interconnected world.

To learn more about Dojima Network, visit their website.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Yemenis are embracing DeFi in response to US sanctions on the Houthi group

Polygon’s Nailwal: The Jio Partnership Will Propel Real-World Web3 Adoption for 450 Million Users

Babylon’s Total Value Locked Decreases by 32% as Wallets Unstake $1.2B in Bitcoin

  • Popular
  • Latest
  • Hot comments
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

Latest Gallery

Latest Recommendations
2025-04-18 Regulations Security

KiloEx Exchange Exploiter Restores All Stolen Funds Following $7.5 Million Hack

2025-04-18 Cryptocurrency

Hashkey Targets XRP ETF in Asia with New Fund Supported by Ripple

2025-04-18 Cryptocurrency

Sygnum Predicts Potential Altcoin Rally in Q2 2025 Due to Enhanced Regulations

2025-04-18 Regulations Security

Media Tycoon Files Counterclaim Against Justin Sun in $78 Million Sculpture Dispute

2025-04-18 Blockchain

Yemenis are embracing DeFi in response to US sanctions on the Houthi group

2025-04-18 Regulations Security

Saylor and ETF Investors’ ‘Stronger Hands’ Contribute to Bitcoin Stabilization — Analyst

2025-04-18 Cryptocurrency

Bitcoin Dip Buyers Show Interest at BTC Range Lows, Yet Remain Risk-Averse Until $90K Establishes Support

2025-04-18 News

Kyrgyzstan’s President Enacts CBDC Legislation Granting Legal Status to ‘Digital Som’

2025-04-17 Blockchain

Polygon’s Nailwal: The Jio Partnership Will Propel Real-World Web3 Adoption for 450 Million Users

2025-04-17 Blockchain

Babylon’s Total Value Locked Decreases by 32% as Wallets Unstake $1.2B in Bitcoin

2025-04-17 Regulations Security

OpenAI pursued a deal with Anysphere prior to shifting its focus to WindSurf

2025-04-17 Analysis

Bitcoin Gold’s Imitation Strategy Could Surpass $150K as BTC Remains ‘Remarkable’

2025-04-17 Cryptocurrency

AI Tokens and Memecoins Dominate Cryptocurrency Narratives in Q1 2025: CoinGecko

2025-04-17 Cryptocurrency

Four Reasons Why the Price of Bitcoin Could Surge to $90,000 in April

2025-04-17 News

Trump Criticizes Powell for Delaying Interest Rate Cuts, Calling It ‘Too Late’

2025-04-17 News

Wyoming Commission Considers Whether Stablecoin Falls Under SEC Regulations

About
About

Coinovel is an enthralling novel of cryptocurrencies. Engage with narratives, delve into stories, and journey through the captivating world of digital currencies.

X (Twitter) Telegram
Popular posts
2022-02-23 Getting Started

Cryptopedia: Unveiling the Metaverse’s Potential to Revolutionize the Internet

2022-03-07 Getting Started

Unveiling Cryptopedia: Grasp the fundamentals of DAOs and their operational mechanisms

2022-03-25 Getting Started

Cryptopedia: Explore Web3 and its goal to revolutionize internet services

Copyright © 2025 coinovel. All rights reserved.
  • Home
  • Cryptocurrency
  • Blockchain
  • Regulations Security
  • Analysis
  • Insights
  • News
  • Getting Started

Type above and press Enter to search. Press Esc to cancel.