Description
Datachain is an organization focused on solving the challenge of blockchain interoperability. As more assets become digitized across different networks, Datachain builds the necessary infrastructure to connect these isolated blockchains, aiming to create a single, unified network. Their work involves creating new use cases that leverage this connectivity. Key projects include a cross-border stablecoin payment initiative in partnership with Progmat and global financial institutions, and the TOKI cross-chain platform. Datachain's products, developed to support this vision, include YUI (a Hyperledger lab for interoperability via IBC), LCP (a proxy for light client verification), and the Cross Framework for distributed transactions across multiple blockchains. They collaborate with partners in both traditional finance (TradFi) and decentralized finance (DeFi).