Cumberland Labs, a Web3 incubator is seeking to solve an aging crypto issue: inefficiency in cross-chain communication.
Cumberland Labs, the incubator arm of Chicago-based crypto trading company Cumberland has launched the beta version of a new API tool that could simplify the arduous task of connecting to blockchain and decentralized finance protocols.
The firm couldn't find a tool to simplify these tasks and ultimately created its own API service, expand.network using its own developers and engineers from its incubator arm. The tool has been in testing since November and is available to the public in beta. The newly released solution seeks to offer both read and write connectivity to major public blockchains and DeFi protocols, helping developers to interact across multiple protocol APIs and software development kits .
"Cross-chain solutions primarily facilitate the transfer of messages and tokens between various chains. In contrast, expand.network provides connectivity to chains and protocols, offering a more comprehensive and versatile solution for navigating the DeFi landscape," he explained.-compatible chains including Ethereum, Binance Smart Chain, Avalanche, Polygon, Cronos, Arbitrum and Optimism as well as non EVM-compatible chains like Solana, Tron, NEAR and Algorand.
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