Chainlink, a prominent provider of data feeds for blockchain-based smart contracts, has introduced a new application called Transporter to facilitate and oversee cross-chain transactions.
Built on Chainlink’s Cross-Chain Interoperability Protocol, Transporter ensures improved security for users looking to transfer tokens across multiple blockchains.
The Transporter app allows users to transfer tokens across a variety of blockchains, including Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX.
Chainlink co-founder Sergey Nazarov emphasized the importance of Transporter, which provides a secure means of moving value and data across chains, addressing a long-standing need in the blockchain industry.
Chainlink has also introduced a new token transfer mechanism for CCIP, enabling cross-chain transfer of native ETH via the WETH token pool, a pioneering feature of CCIP.
Transporter provides users with an intuitive user interface and 24/7 global support along with a visual tracker for real-time monitoring of cross-chain transactions.
Users can track assets and messages throughout the trading process by leveraging both the Transporter app and Chainlink CCIP Explorer for comprehensive visibility.
Importantly, the Transporter app does not charge any additional fees beyond the regular CCIP fees, including gas costs and fees paid to the CCIP service provider to complete the transaction.
Venture capital firms Fourth Revolution Capital and Moonrock Capital are among the early adopters of the Transporter application, which shows promising potential in facilitating seamless cross-chain transactions.