Technode – Binance Poly Network launch cross-chain interoperability

Poly Network, the interoperability solution launched by the company behind cryptocurrency Neo, has formed a partnership with cryptocurrency exchange Binance’s decentralized finance-oriented blockchain to enable cross-chain interoperability. Why it matters: The partnership could bring more developers and decentralized applications (DAPPS) to both Binance Smart Chain (BSC) and Poly Network, especially from the booming Defi space. Poly said in a statement sent to TechNode that it hopes the BSC partnership will bring network effects, meaning the value of the network will increase exceptionally as …