$POL
Blockchain startup Magic Labs, in partnership with Polygon, announced on Thursday the launch of a new cross-chain network called Newton. The goal of the Newton platform is to make using decentralized applications (dapps) across multiple blockchains as seamless as browsing the internet. By leveraging Polygon's decentralized AggLayer and Chain Development Kit, the platform will allow developers to build dapps that can run on different chains without requiring users to hold multiple different wallets. This innovation marks a move toward what Magic Labs calls "chain unification," similar to the ACH or SWIFT standardization in traditional financial systems. If this technical standard is widely adopted, it is expected to solve the "blockchain island" problem, which has dispersed liquidity and complicated the cryptocurrency user experience.