Blockchain tech firms AllianceBlock and Flare integrate technologies to expand t

[Tnoy30]

The two seek to improve their blockchains with each other's tech from cross-chain bridges to decentralized exchanges to oracle networks. AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.

Flare claims its layer-one, or blockchain protocol improvement, technology can bring smart contracts to cryptocurrencies such as Ripple (XRP), Dogecoin (DOGE), Bitcoin (BTC), Algorand (ALGO) and Stellar Lumens (XLM). In addition, Flare is also a decentralized oracle network that seeks to enable blockchains to access real-world data in smart contract execution.
Source: Blockchain tech firms AllianceBlock and Flare integrate technologies to expand t