PR – Oracles Network Announces Cross-Chain Bridge Technology


oracles networkBlockchain Innovation Allows Seamless Transfer of Value Across Multiple Ethereum-Compatible Networks BERKELEY, Calif. – Nov. 9, 2017 – California-based Oracles Network has unveiled cross-blockchain bridges, capable of transferring assets across various Ethereum-compatible networks such as Ethereum Classic, Oracles Network, Ethereum itself and others. Oracles Network’s cross-chain bridge mechanism successfully overcomes two of the biggest obstacles blockchain systems currently face: scalability and connectivity. These obstacles prevent widespread blockchain deployment for many small and midsize businesses. As existing networks struggle to accommodate a growing number of transactions, network performance suffers greatly while costs increase due to expensive transaction fees. Oracles Network’s cross-chain


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