IBC Integration
Interblockchain Communication Protocol (IBC)
IBC stands for Interblockchain Communication Protocol, which have been widely used to allow direct communication and asset trading between independent blockchains.
The Cosmos ecosystem has a vision of creating the "internet of blockchains," or a network of independent chains that can communicate in a decentralized way. To reach this goal, the Inter‐Blockchain Communication protocol (IBC) was created.
As part of the CosmosSDK-based ecosystem, Oraichain integrates the IBC protocol to OraiDEX, our CosmWasm smart contract-based decentralized exchange with multi-chain interoperability, optimal speed and lots of liquidity options for users.
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