Oasys partners with Datachain and TOKI ─ Promoting interoperability using IBC, also considering support for stable coins | CoinDesk JAPAN

11 months ago 57

Game-specific blockchain Oasys has partnered with Datachain and TOKI FZCO to promote interoperability in blockchain games. The two companies announced on December 21 that they will consider supporting the inter-blockchain communication protocol IBC, which is being developed by both companies.

According to Oasys, “providing an experience unique to blockchain games” is essential for the further spread of blockchain games. One of them is interoperability. Through our partnership with Datachain and TOKI, we have achieved highly secure interoperability using IBC. For example, NFTs on one blockchain can be settled on a different blockchain, and game assets can be used in other blockchain games.

Datachain and TOKI have partnered with Progmat, which aims to build a national infrastructure for digital assets, to enable cross-chain transactions of stable coins issued using the stable coin issuance management platform “Progmat Coin”. We are also working on infrastructure construction.

The release states that future use cases such as using various stablecoins issued using Progmat Coin with one click are also possible.

|Text/Editing: CoinDesk JAPAN Editorial Department
|Image: From the release

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