Effect Network partners with EOS Titan
The Effect team has partnered with EOS Titan to develop a first-of-its-kind EOS-to-BSC bridging technology. Effect Network is entering the Binance Smart Chain and deploying a portion of its technology in this environment, for which cross-chain technology plays a central part.
We are excited to announce our partnership with EOS Titan. Our entry into BSC involves bridging our technology between two blockchain ecosystems, allowing Effect Network transactions to execute from one chain to another via a decentralized system. Many people are interested in building such a bridge, and this high-tech achievement will be made possible by bringing together the technical teams of EOS Titan and Effect Network.
Both companies involved in the partnership have extensive experience and advanced skills in their fields. EOS Titan are EOS block producers who have created a completely new decentralized bridge system on EOSIO, to connect EOS Mainnet with the UX Network. They are accelerating this project by sharing their research and innovative approach, as well as advising Effect Network on how to apply this technology. Their expertise and knowledge are paramount for the future cross-chain operation of Effect Network.
EOS Titan and Effect Network are collaborating to build a bridge and make the system available to everyone in the two blockchain ecosystems. In fact, a link between EOS and BSC has never before been developed. As a result of this technological collaboration, the very first bridge between the two environments will be built.
Effect Network is spearheading the construction of a two-way bridge between BSC and EOS, allowing its users to access its technology from either chain. The Effect Network bridge is built with several EOS and BSC smart contracts that can prove cross-chain transactions occurred. The bridge, smart contracts, other infrastructures, and open-source code are all being developed by Effect Network.
We consider truly decentralized cross-chain communications to be a critical milestone along the path of mass adoption of smart contract platforms. As such, we are excited to see our work being recognized and our objectives shared by strong teams such as Effect Network. We are thrilled to be collaborating with them towards the expansion of this core technology.
Guillaume — CEO at EOS Titan
This partnership has provided us with important technology and gives us a head start in the BSC ecosystem. Cross-chain interactions are becoming more and more important in the blockchain space. I believe the recent developments of EOS Titan in lightweight payment proofs will bring the entire space a step forward.
Jesse — CTO at Effect Network
About EOS Titan
EOS Titan is a group of individuals involved in software development, telecommunications, encryption, and blockchain technology. Their team consists of early cryptocurrency adopters who share the ecosystem’s ethos, and they are excited to take the industry one step closer to the goal of massively decentralized governance and financial structures. For more information, visit https://eostitan.com/.
About Effect Network
The Effect Network is the world’s first Blockchain-based framework for the Future of Work, providing enterprises with access to a global, on-demand, 24x7 scalable WorkForce. The main goal of Effect Network is to create a platform that will encourage automation in digital processes and provide opportunities for fairly paid work to humans all over the world. The platform is set to be the most democratic, accessible, and user-friendly solution than any other platform to date. Combining human intelligence, blockchain, and machine learning will help to lead the fourth industrial revolution and forever change the way we work together. For more information, visit https://effect.network.
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