ChainSwap and MetaTrust Labs have announced a strategic partnership that is supported by a million-dollar agreement.
MetaTrust Labs and ChainSwap have announced a strategic partnership of up to $1 million to improve cross-chain financial privacy. The partnership establishes a framework for collaboration through the use of a memorandum of understanding (MOU).
The two firms have established a strong foundation of trust through extensive prior audits and technical exchanges since the formation of the partnership. Its objective is to establish a more efficient and secure cross-chain transaction ecosystem by developing state-of-the-art financial privacy tools.
“This collaboration is a critical component of our dedication to the provision of secure and seamless transactions across blockchains.” Fitzy, CEO of ChainSwap, stated, “We will jointly improve the financial privacy landscape by providing consumers with a secure and efficient cross-chain transaction ecosystem.”
In cross-chain transactions, both organizations prioritize privacy and security. MetaTrust Labs is committed to the development of a secure infrastructure for Web3, in order to improve the security and reliability of blockchain applications by utilizing advanced AI technologies and community collaboration.
ChainSwap, a cross-chain asset bridge and application hub, is dedicated to closing the gap between blockchains and enabling a more interoperable future. This is achieved by building an innovative layer 5 security cross-chain swap protocol on Chainlink’s Cross Chain Interoperability Protocol (CCIP) architecture and combining it with Circle’s Cross Chain Transfer Protocol (CCTP).
MetaTrust Labs will offer continuous security support and consultation to guarantee the security and integrity of ChainSwap’s smart contract code through the provision of professional AI audit services.
Both parties will contribute to the development of a more secure, trustworthy, and efficient infrastructure for Web3, by sharing their resources, technology, and experience.
Also Read: Andrena Gets $18M for Solana Decentralized Autonomous Wireless Network
Wallets