Umbrella partners with Ordify

Umbrella Network Team
Umbrella Network
Published in
2 min readApr 22, 2024

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Umbrella Network partners with Ordify

The Bitcoin ecosystem has been embarking on a transformative journey. The advent of inscriptions, ordinals, and BRC-20 tokens is laying a foundation for the creation of a thriving ecosystem built on top of BTC. This evolution signifies a new chapter for Bitcoin, opening doors to unprecedented composability and utility within its infrastructure. At Umbrella Network, we recognize the importance of this transformation. That’s why we’re thrilled today to announce a partnership with Ordify.

Spotlight on Ordify

Ordify emerges as a pivotal player in the Bitcoin ecosystem, offering a comprehensive suite designed to connect Bitcoin and Ethereum. At its core, Ordify facilitates seamless interaction across these ecosystems through a trio of innovative products:

  • The ORFY Launchpad: A platform that streamlines the launch of new projects, ensuring smooth fundraising and token distribution across diverse blockchain ecosystems.
  • The ORFY Bridge: This tool addresses the interoperability challenges between BRC20 tokens and the Ethereum ecosystem, fostering fluidity and connectivity between different networks.
  • The ORFY Wallet: A feature-rich wallet that empowers users with control over their Ordinals and Bitcoin ecosystem tokens, prioritizing both security and accessibility.

Ordify’s mission is to simplify the complexities of blockchain interactions, making it easier for users to access, invest in, and manage digital assets across different platforms. This initiative not only enhances the investment experience but also contributes to the growing DeFi landscape on Bitcoin.

Umbrella Network and Ordify

We are excited to partner with Ordify, and help support new product tools within the Bitcoin ecosystem. Through this partnership, Umbrella will provide projects launching on Ordify Launchpad credits to use towards our oracle solutions. This collaboration will allow us to introduce a variety of data to the Bitcoin ecosystem, empowering builders to develop innovative products and thrive in the competitive blockchain space.

Conclusion

The partnership promotes a shared vision for a future where DeFi on Bitcoin reaches new heights of innovation and accessibility. By merging Umbrella’s oracle solutions with Ordify’s offerings, we’re laying the groundwork for an ecosystem in which dApps can not only thrive but also aspire to reach the level of maturity seen on Ethereum.

About Umbrella Network

Umbrella Network, is a decentralized oracle service that provides blockchain projects with secure, scalable, and customizable data solutions.

Umbrella offers smart contracts a broad suite of solutions, whether it is high frequency pricing updates, aggregating large volumes of data at scale, or providing tailored price feeds for specific needs. Secured by a network of decentralized community validators, Umbrella can provide any data that you need when you need it.

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Umbrella Network Team
Umbrella Network

Decentralized oracle and data layer offering scalable, customizable and high frequency data on chain.