Ocelli Chain Network

About Ocelli Chain Network token

The growth of the distributed ledger space has led to the emergence ofmultiple blockchains which do not communicate with each other and areoperating in isolation. These blockchains are gaining popularity because offeatures they offer to the applications like network effects, speed, transactioncost, security, consensus algorithms etc. However, these blockchains areoperating in silos and are running their ecosystems in isolation from theecosystems operating on other blockchains. Even worse, the currentsolutions which are only limited to providing cross-chain bridges are highlycentralised and susceptible to counterparty & security risks.There is a pressing need for interoperability between the current blockchainsin use. The current growth of the blockchain ecosystem is not being limitedby the capabilities of blockchains but by a lack of reliable solutions toconnect them. A protocol to allow blockchains to interact with each otherwill enable decentralised applications to tap into the capabilities of multipleblockchains. Moreover, opening communication across blockchains willusher a new wave of technological advancements in the interoperable defiapplications where money markets can operate across chains.Ocelli Chain Network solves the interoperability problem between multiple smart chainsusing a secure oracle network for inter-chain communication.Ocelli Chain Network facilitates the transfer of information betweenblockchains allowing applications to both tap into the information from otherblockchains and update the information on the other blockchains. This 2-wayinterchain communication opens up the applications to build innumerable usecases and capabilities in decentralised applications.