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Chainlink CCIP (Cross-Chain Interoperability Protocol)
Chainlink CCIP is a blockchain interoperability protocol facilitating token transfers, arbitrary messaging, and programmable token transfers across chains. The system uses decentralized oracle networks for transaction validation, implements rate limiting for risk management, and features timelocked upgrades through role-based access control. CCIP enables atomic and hybrid settlement workflows across public and private blockchains.
Category: Cross-chain Infrastructure
Chainlink Foundation
Funding Rounds
Funding Round: ICO
Funding Date: 20 Sep, 2017
Raised Amount: $32M