Bitpanda unveiled Pantos, a DeFi multichain token system.
The company aims at solving interoperability en route to full decentralization.
Interoperability has been a major issue hindering the development of Blockchain since its creation. Interoperability facilitates transactions across multiple blockchains. Recent developments are promising; Bitpanda developed a multichain token system, Pantos, which will be launched today.
Bitpanda-backed Pantos Launches Public Beta of Its Multichain Token System pic.twitter.com/Na9inu82Ua
— Mr.BoS (@who_bos) February 14, 2023
Users can use a new token standard, Pantos Digital Asset Standard (PANDAS), to send wrapped coins and create and deploy tokens across multiple chains with just a few clicks. This is an exciting development as it could boost crypto adoption and fuel the company’s growth.
Seven different chains — Ethereum, Fantom, Cleo, Cronos and BNB — will be supported by the Beta protocol. Plans to include and integrate other
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