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NBTC News
Home»Blockchain»Dojima Foundation Launches Omnichain Web To Advance Development Of Cross-Chain Applications
Blockchain

Dojima Foundation Launches Omnichain Web To Advance Development Of Cross-Chain Applications

NBTCBy NBTC21/11/2024No Comments3 Mins Read
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The launch marks a new vision for the ecosystem with new features, advanced interoperability, a marketplace and a later move to the Arbitrum Orbit stack.

Web 3 infrastructure development community Dojima Foundation unveiled the Omnichain Web, aiming at powering the next phase of mainstream blockchain adoption. Omnichain Web is an infrastructure designed to accelerate mainstream Web 3 adoption through seamless chain integration and enhanced interoperability of decentralized applications (DApps).

Announced this week, the Omnichain Web features a proof of network consensus mechanism and a Layer 1 aggregator which eliminates the need for bridges. In addition, the infrastructure will also feature a Builder Marketplace that allows developers to create and showcase cross-chain applications to the community.

Akhil Reddy, founder of Dojima Foundation, highlighted the importance of Omnichain Web in advancing the mainstream adoption of Web 3 and powering the next stage of DApps. Speaking on Omnichain Web’s launch, Reddy stated:

“With the Omnichain Web, we’re not just building technology; we’re crafting the future foundation of Web3. Just as the internet became the backbone for Web2, the Omnichain Web will be the launchpad for user-centric, next-gen Web3 applications. This is where mainstream adoption begins.”

Dojima has witnessed gradual growth since its launch, welcoming over 100 cross-chain DApps and protocols to its ecosystem. The latest integration, developed by the Foundation is key to its mission to “positively transform the way in which decentralized apps (dApps) and users interact across chains”, the press release reads.

Many across the Web 3 space have argued that creating a fluid, interoperable financial web is the catalyst to mainstream adoption. Omnichain Web aims to provide interoperable chains and DApps to users, which can enable the next generation of intuitive and user-centric applications.

Empowering Interoperable Connectivity With Omnichain Web

As stated, the launch of Omnichain Web is expected to enhance the creation of DApps and push forward mainstream adoption of Web 3. According to the main website, the platform is designed to empower the next phase of mainstream adoption with verifiable execution and distributed settlement. Additionally, Omnichain Web empowers the next wave of intent-based protocols and user-centric applications.

The platform combines several key protocols to create a unified ecosystem, including a Builder Marketplace, a comprehensive platform for creating pioneering cross-chain applications that work with intent protocols.

Moreover, Omnichain Web also includes AI agents, DeAI applications, and Omnichain Stack, a bridging solution connecting Layer-2s, rollups, and sidechains.

The infrastructure also features Proof of Network, a transaction verification system that works with L1s, L2s, and cross-chain protocols, and L1 aggregator Ragno Network, which eliminates the need for bridges and creates a decentralized marketplace for blockchain nodes. Ragno Network also makes it easier and cheaper for developers to manage cross-chain interactions than Ethereum and other competitors.

Following the launch, Dojima Foundation executives believe Omnichain Web will enable smooth operation across all Layer-1s and Layer-2s, supporting intent-based protocols and AI agents while prioritizing user experience.

In the near future, the Dojima Foundation team will launch the Omnichain Web on the Arbitrum Orbit stack as well as omnichain iterations of several other major rollup stacks.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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