Wisdomise Integrates Chainlink CCIP To Unlock Cross-Chain $WSDM Transfers

We’re excited to announce that Wisdomise has integrated Chainlink CCIP — the industry standard for secure cross-chain interoperability — across Polygon and Arbitrum mainnets. We’re leveraging CCIP’s Simplified Token Transfer capabilities to facilitate cross-chain token transfers for WSDM, enabling users on other networks to interact with the protocol.

We selected CCIP as our preferred interoperability solution because @Chainlink has the most proven track record of maintaining the highest standard of security and reliability in the Web3 industry. Furthermore, CCIP is backed by the Risk Management Network — a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity. This additional layer of security is particularly important given historical industry exploits and the billions in user funds lost due to insecure and unreliable cross-chain infrastructure.

Wisdomise revolutionizes finance with AI and blockchain, offering advanced wealth management for retail and institutional clients in CeFi and DeFi, driving on-chain finance growth. ‘Brain,’ Wisdomise’s core AI architecture, is a powerful engine for learning, predicting, and executing orders.

In order to help secure our cross-chain token transfers, we needed access to a highly secure and reliable interoperability solution. After reviewing various solutions, we integrated Chainlink CCIP because it provides a multitude of important benefits and features, such as:

• Time-tested security and reliability — CCIP’s consensus and interoperability layer is powered by Chainlink decentralized oracle networks, which have already secured tens of billions of dollars for smart contracts and enabled over $11.5 trillion in onchain transaction value. CCIP also features additional layers of protection and reliability via the Risk Management Network and Smart Execution.
• Secure Token Transfers — CCIP features a plug-and-play solution consisting of audited token pool contracts that handle the complexity of burning and minting or locking and minting tokens across chains. CCIP Token Transfers also have additional security features like Rate Limits, and enable ecosystem partners to easily build new capabilities around a supported token via a single CCIP interface.
• Programmable Token Transfers — CCIP messages are programmable, meaning token transfers and arbitrary data transfers can be one atomic transaction. This enables instructions to be passed in the data payload regarding what to do with the tokens once they arrive at the destination chain.
• Future-proof — CCIP is built to support continuous updates, such as the integration of new blockchains, the introduction of advanced functionalities, and the addition of other defense-in-depth approaches to security. Thus, integrating CCIP eliminates future switching costs should new cross-chain functionalities be required.

This integration follows us joining Chainlink BUILD, which provides enhanced access to Chainlink services and expert technical support.

“We’re excited to integrate Chainlink CCIP into our A investment and insight platform, enabling secure cross-chain token transfers for WSDM. With level 5 cross-chain security, CCIP helps ensure that WSDM tokens are secure as they move across the multi-chain DeFi ecosystem.” — Dr. Fardad Zand, CEO.

About Wisdomise

Wisdomise is a one-stop-shop platform for financial insights and investment instruments in digital assets. It provides investors with unique insights and automated funds to better manage their assets and traders with proprietary tools to build better, AI-powered investment strategies. With licenses and offices in Switzerland, UAE, and Estonia, it comprises a team of highly educated and award-winning scientists and engineers, building a powerful AI ‘Brain’ to help investors and traders make better decisions through a sophisticated engine, yet simple user interface.

With a stellar team, unique technology, and a clear vision, Wisdomise aims to become the AI pioneer in Web3 over the next two years and beyond, tapping into a $6 trillion market.

Learn more about Wisdomise by visiting wisdomise.com.

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $11.5 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.