Decentralized physical infrastructure network IoTeX is collaborating with Polygon Labs to integrate its IoTex 2.0 blockchain with AggLayer.
The announcement was made by Raullen Chai, CEO and co-founder of IoTeX, and Sandeep Nailwal, co-founder of Polygon, at the R3al World event in Singapore on Tuesday.
The move is designed to tap into AggLayer’s cross-chain communication and liquidity sharing, enabling IoTeX-based projects to distribute rewards and allow users to settle on the chain of their choice, according to a statement shared with The Block.
“This integration not only enhances cross-chain capabilities and unlocks unprecedented liquidity and scaling opportunities through the AggLayer for DePIN projects,” Nailwal said. “By providing a purpose-built platform that seamlessly connects with different ecosystems, these projects are able to thrive in a multi-chain world.”
The AggLayer is an interoperability layer currently under development by Polygon Labs and other core contributors, designed to facilitate unified liquidity and security across a network of chains. It uses ZK proofs to ensure that if one chain experiences a failure, it does not impact the funds or operations of others.
ZK proofs allow one party to prove to another that a statement is true without revealing the underlying data, enhancing privacy and security in blockchain systems.
IoTeX launched a white paper for IoTeX 2.0 in July — a tech stack with composable modules and a unified trust layer designed to boost DePIN adoption, supported by a token economy linking DePIN dapps, Layer 2 chains and devices.
“Our infrastructure will enable any DePIN developer to connect seamlessly with the AggLayer, allowing users to interact with DePIN applications across multiple blockchains,” Chai said.
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AggLayer’s growing connections
Polygon Labs introduced the blockchain aggregation layer in January, aiming to connect chains to support unified liquidity.
Multiple projects, such as OKX’s X Layer, Immutable, Astar, Canto, Palm Network, Aavegotchi, IDEX, Nubank and Manta Network, are also using or plan to use the Polygon CDK to develop their Layer 2 networks and connect to the AggLayer, alongside Polygon’s own PoS chain.
In July, Movement became the first Move-based network to join AggLayer, aiming to help bridge the gap between the Move and EVM ecosystems.
Last week, crypto hardware manufacturer Fabric Cryptography also announced a collaboration with Polygon Labs to bring its custom ZK chips to the AggLayer ecosystem.
Several Polygon-related projects have also utilized IoTeX’s infrastructure, including the geospatial data network Geodnet and vehicle data monetization platform Dimo.
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