Cosmos - The Interchain ⚛️

The internet of blockchains.

[Cosmos - The Interchain ⚛️ @cosmos]

Cosmos and @interchain_io are contributing IBC to @lfdecentralized to transform it into a leading open standard for digital ledger interoperability.

The contribution is supported by @googlecloud and individuals from @WellsFargo, @FigureMarkets, @datachain_en, @injective, @CronosNetwork, @OpenZeppelin, @cardano_cf, @ZenithFdn, @EspressoSys, and 10 other industry-leading companies.

[Cosmos - The Interchain ⚛️ @cosmos]

IBC grew through the developers and independent businesses that used it to create novel products and experiences based on connectivity.

Together, their work has helped IBC grow into a global interoperability network that transfers tens of billions of dollars per year.

We are grateful for the community that made this possible and the continued work of developers, financial institutions, and infrastructure providers in shaping IBC’s future under LF Decentralized Trust.

Read more on the blog.

https://t.co/hruubNeWUK

[Cosmos - The Interchain ⚛️ @cosmos]

Our Chief Business Officer, Nico Poggi @qxnico, is attending Web Summit this week.

Nico will be connecting with industry leaders to discuss the future of financial services and the role of interoperability in digital finance.

[nico @qxnico]

Heading over to @WebSummit, a staple in Lisbon.

With next generation banking and finance at the top of the schedule, I’ll be there representing @cosmos and meeting with teams looking at blockchain infrastructure for payments and tokenization.

If you’re in town this week and want to talk, my DMs are open!

[Cosmos - The Interchain ⚛️ @cosmos]

IBC becomes an @lfdecentralized project.

On the LFDT blog, learn how the protocol works and how neutral governance under LF Decentralized Trust supports its development into a global open standard.

[LF Decentralized Trust @lfdecentralized]

IBC is now an LF Decentralized Trust project. @cosmos and the @interchain_io contributed the Inter-Blockchain Communication protocol, in production since 2021 across 200+ public ledgers, to neutral, open governance. Get involved: https://t.co/TS3syyAmcs

[Cosmos - The Interchain ⚛️ @cosmos]

Programmable escrow offers a significant opportunity for banks to grow commercial deposits, strengthen customer relationships, and generate interest income.

In our new report, we highlight how banks can turn escrow into a more efficient and competitive financial service.

Read to learn more.

https://t.co/bqHHxVS1NA

[Cosmos - The Interchain ⚛️ @cosmos]

Networks are the most powerful tool we've ever invented for human flourishing and creativity.

In an open letter to the financial industry, Cosmos Co-CEO Barry Plunkett @BPIV400 and Datachain CTO Jun Kimura @bluele_jp discuss why finance needs its own TCP/IP and how open interoperability standards for finance will generate global growth.

https://t.co/sKFTZfR0AD

[Cosmos - The Interchain ⚛️ @cosmos]

@HyphaCoop 🤝 Shaped by the community. Thank you for supporting this announcement.

[Cosmos - The Interchain ⚛️ @cosmos]

@range_org @WellsFargo @googlecloud @Figure 🤝 Thank you for your long history of contributions and your steps into the future with us.

[Cosmos - The Interchain ⚛️ @cosmos]

@blockaid_ @interchain_io @lfdecentralized 🤝 Let's engineer the future of finance together.

[Cosmos - The Interchain ⚛️ @cosmos]

@EspressoSys @interchain_io @lfdecentralized 🤝 Glad to work together to move towards an open standard for interoperability.

[Cosmos - The Interchain ⚛️ @cosmos]

@turnkeyhq @lfdecentralized 🤝 Glad to work together to move towards an open standard for interoperability.

[Cosmos - The Interchain ⚛️ @cosmos]

@cosmoshub More details, an FAQ, and links to all blogs in the Forum!

https://t.co/AQvixSf7A1

[Cosmos - The Interchain ⚛️ @cosmos]

@Cardano_CF 🤝 Engineering the future of finance together.

[Cosmos - The Interchain ⚛️ @cosmos]

We envision a global financial system where independent digital ledgers and financial networks can exchange assets and data as freely as people share data online.

Networks are one of the greatest tools for human flourishing.

IBC is the open standard that will make it happen.

We look forward to continuing this work with the global IBC community and to making open, secure connectivity a shared industry standard.

https://t.co/ivhQWRXALE

[Cosmos - The Interchain ⚛️ @cosmos]

Cosmos and @interchain_io are contributing IBC to @lfdecentralized to transform it into a leading open standard for digital ledger interoperability.

The contribution is supported by @googlecloud and individuals from @WellsFargo, @FigureMarkets, @datachain_en, @injective, @CronosNetwork, @OpenZeppelin, @cardano_cf, @ZenithFdn, @EspressoSys, and 10 other industry-leading companies.

[Cosmos - The Interchain ⚛️ @cosmos]

What does this move change for the companies and people who rely on IBC-powered products today?

IBC will remain free and open source, as always.

Existing chains, apps, and services will continue to communicate and transfer assets over the public IBC network, just as they do today.

The Cosmos team will remain a long-term maintainer of IBC, and 2 more maintainers are joining: Datachain and OpenZeppelin.

Together, we will support IBC’s development and technical roadmap.