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PropChain Integrates Chainlink CCIP and Proof of Reserve

Twitter icon  •  Published 1 year ago on November 12, 2024  •  Hassan Maishera

Chainlink announced via X on Monday that ProChain is integrating Chainlink’s infrastructure for tokenized assets.

PropChain Integrates Chainlink CCIP and Proof of Reserve

Chainlink announced via X on Monday that ProChain is integrating Chainlink’s infrastructure for tokenized assets. Propchain, a Dubai-based firm, will integrate CCIP on Ethereum to enable secure cross-chain transfers of its PropC token and Proof of Reserve to enhance transparency for its tokenized real estate.

Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 5% over the past 24 hours and is trading at $14.56 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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