Summary:
- Bazaars, a blockchain platform, has launched a new product called ORC 55 to solve the problem of cross-chain interoperability in the cryptocurrency market.
- Cross-chain interoperability is a major challenge in the crypto industry, as different blockchain networks often cannot communicate with each other, limiting the ability to transfer assets between them.
- ORC 55 aims to address this problem by providing a secure and efficient way for users to move their assets between different blockchain networks, potentially unlocking new use cases and opportunities in the crypto ecosystem.