WeOwn blockchain launches new cross-chain asset interoperability  

The Cross-chain concept aimed at the beginning to enable assets to be transferred from one chain to another, and back securely. Further, the idea expanded pursuing to solve the problem of mutual transfer or exchange of assets and states on two or more different networks. Cross-chain technology is the core development direction in the blockchain […]

Press Release: WeOwn develops bridging technology between its specialised blockchain and other public blockchains

With its technology platform eSMART Finance, WeOwn offers financial institutions and capital-seeking companies a solution to digitise (crypto) securities and financial assets (“tokenisation”), manage them in a register, keep them safe and trade them. The blockchain was specially built for the management of digital financial assets, and now offers so-called bridges for Ethereum and Binance […]

WeOwn Blockchain Bridge in a Nutshell

General concept There are different approaches to how Blockchain bridges can be implemented. In case of the WeOwn Blockchain bridge, smart contracts ensure tokens are locked on the WeOwn blockchain. When tokens are sent from a target blockchain to WeOwn’s, those tokens are burnt. This mechanism prevents the problem of “double spending”, where the same […]

WeOwn Wallet – How to bridge your token?

Pre-Requirements To use the WeOwn Blockchain Bridge, you need a CHX wallet with at least 1,000 native CHX tokens. This minimum of tokens is required because transaction fees are incurred to execute the transaction. You should have wallets on both blockchains with enough tokens to cover the transaction fees. You are in control of all […]