OrdiChains, a cross-chain protocol, has announced that its cross-chain bridge is now in the internal testing stage. The first BRC20 cross-chain bridge function will be launched next week.

OrdiChains aims to enhance the BRC20 token ecosystem by incorporating decentralized finance (DeFi) attributes such as DEX, lending, farming, on-chain contracts, and algorithmic stablecoins. By bringing transparency to centralized exchanges, OrdiChains seeks to increase the capital utilization of BRC20 tokens and support the growth of the BRC20 ecosystem.

The cross-chain bridge offered by OrdiChains provides several core features and services. It ensures reliable off-chain data transmission, allowing data to be transmitted between different blockchains with integrity and accuracy. The bridge also converts data from different blockchains into a format acceptable by the target chain and performs data mapping for consistency. Users and applications can subscribe to and utilize data from other chains, enabling cross-chain data sharing and interoperability.

In terms of security and privacy, the OrdiChains cross-chain bridge validates collected data and verifies the identities of validators to ensure reliability and authenticity. It also employs encryption algorithms and privacy protection techniques to secure data transmission and storage, preventing data leakage and tampering. Additionally, the code and protocol of the bridge undergo security auditing, and monitoring mechanisms are in place to detect and address potential security threats.

OrdiChains.com is set to launch on June 16 at 14:00 HKT. Interested individuals can join their #Giveaway campaign. For more information, individuals can visit the OrdiChains Telegram community or follow them on Twitter.