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Home » Technology » Oasys Teams Up with Datachain and TOKI to Transform Web3 Gaming Interoperability
Technology

Oasys Teams Up with Datachain and TOKI to Transform Web3 Gaming Interoperability

Crypto Observer StaffBy Crypto Observer StaffDecember 21, 2023No Comments3 Mins Read
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This partnership with Datachain and TOKI marks the latest in a series of high-profile collaborations for Oasys, demonstrating its commitment to expanding its ecosystem and progressing through its roadmap.

Oasys, a leading gaming-focused blockchain, has forged strategic partnerships with Datachain and TOKI to enhance the interoperability of Web3 games built. This collaboration with Oasys demonstrates the industry’s commitment to pushing the boundaries of Web3 gaming despite difficult conditions in the broader crypto market over the last 18 months.

Oasys’ Commitment to Unique Blockchain Experiences

Daiki Moriyama, Director of Oasys, emphasizes the pivotal role of interoperability in shaping the future of blockchain gaming. Moriyama notes, “At Oasys, we passionately believe that the future of blockchain gaming hinges on providing unique experiences that are only possible through blockchain technology.”

According to a press release shared with Coinspeaker, Datachain’s globally recognized Inter-Blockchain Communication (IBC) technology, supported by multiple grants from the Interchain Foundation, takes center stage in this partnership.

IBC is hailed as the gold standard for Web3 interoperability, allowing for secure and efficient communication between different blockchains. The permissionless nature of IBC, combined with its ability to facilitate cross-chain transactions with built-in response features, aligns perfectly with Oasys’ vision for the future of blockchain gaming.

TOKI, a trailblazer in developing cross-chain bridges using IBC technology, adds another layer of innovation to the collaboration. With a focus on maximizing the potential of IBC, TOKI aims to improve the user experience (UX) of web3 games on Oasys. By seamlessly connecting different blockchains, TOKI enables single-click, cross-chain transactions, providing players with unprecedented flexibility and ease of use.

Notably, the collaboration with Datachain and TOKI brings tangible benefits to Oasys users. The integration of IBC enables the settlement of Non-Fungible Tokens (NFTs) on one blockchain within Oasys to occur seamlessly on another.

This reduces friction for gamers and creates a more fluid and enjoyable gaming experience. Furthermore, the partnership opens the door to the possibility of applications on Oasys utilizing stablecoins issued via Progmat Coin with a simple click, showcasing their commitment to innovation.

Oasys Receives Support from Major Gaming Firms

Oasys, as the gaming-specified blockchain, has garnered support from major gaming companies such as SEGA, Bandai Namco, Square Enix, and Ubisoft, all of which play a crucial role as validators for the network.

Moreover, this partnership with Datachain and TOKI marks the latest in a series of high-profile collaborations for Oasys, demonstrating its commitment to expanding its ecosystem and progressing through its roadmap.

In recent developments, Oasys announced a strategic partnership with Fireblocks LLC, a New York-based software development company, and Singularity, a cross-chain payment solution. These alliances aim to reduce entry-level requirements for gaming developers and enhance payment experiences within the Oasys ecosystem, respectively.

Furthermore, the recent release of the “Dragon Update” in Oasys marks a watershed point in blockchain history, concentrating on three key pillars which include interoperability, ecosystem development, and killer content. The collaboration with Datachain and TOKI is the first step toward achieving these goals.

Overall, this set of collaborations is a step forward into a new era of smoother in-game transactions and a more delightful gaming experience for players.

Read the full article here

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