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Web3 Interoperability Highlighted in Radix – LayerZero Partnership

Layer-1 protocol Radix has partnered with interoperability protocol LayerZero to integrate LayerZero into the Radix Babylon public network, enabling cross-chain communication and asset transfers. Web3 interoperability allows different decentralized applications and blockchain networks to communicate with each other, increasing functionality, liquidity sharing, and security. The integration is set to launch in the second half of 2023 and is expected to benefit the users of both platforms. Radix Foundation Director Piers Ridyard expressed enthusiasm about the integration, stating that it will showcase the potential of cross-chain interoperability and contribute to a more decentralized Web3 ecosystem.

(By AMAKA NWAOKOCHA)

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