This Tuesday, the Fidelity Center for Applied Technology (FCAT) deployed an institutional-grade Decentralized Verifier Network (DVN) on the LayerZero protocol. This new validation infrastructure is already operational across major networks such as Ethereum, Solana, and Avalanche, with Ondo Finance being the first project to integrate this service to secure the movement of its tokenized assets between different blockchains.
This initiative to enhance security allows developers to customize their security stack by choosing independent verifiers that meet corporate reliability standards. Unlike traditional bridges that rely on centralized validators, this modular model mitigates critical risks and offers operational controls compatible with regulated finance, making it easier for institutions to move data and value without sacrificing decentralization.
Monitoring the adoption of this standard by other DeFi protocols and banking entities seeking omnichain interoperability is the next step for the ecosystem. The key will lie in how this Fidelity verification layer manages to balance transaction speed with auditing requirements, consolidating LayerZero as the preferred infrastructure for integrating traditional financial markets with blockchain technology.
Source:https://goo.su/HkxF13
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