Safe has launched a transaction processor network "Safenet", supporting cross-chain asset management
Safe (formerly known as Gnosis Safe) has launched a transaction processing network called Safenet, aimed at enabling users to manage assets across multiple blockchains. The goal of Safenet is to achieve instant cross-chain transactions with execution guarantees, meeting the needs of users who need to transfer assets quickly and securely between networks. Safenet itself is not a blockchain, but a meta-protocol that serves as a connection layer, interacting with any blockchain through a single user account. Therefore, this project aims to solve key challenges in DeFi such as liquidity dispersion and the complexity of managing cross-chain transactions. (The Block)
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