Injective, the blockchain platform for Web3 finance applications, has announced its largest mainnet upgrade to date, heralding new possibilities for the finance industry. The upgrade introduces a Real World Asset (RWA) Module, allowing institutions and individuals to launch and access a diverse range of structured products and permissioned assets with extensive customization options.
One notable feature of the RWA Module is the ability to tokenize fiat pairs, treasury bills, and exclusive credit products, which can be accessed through compliant gateways. Injective has incorporated a permissioning layer directly into its native chain, ensuring capital efficiency for all users and providing compliant access points for financial institutions.
Moreover, the upgrade brings an expanded version of the Inter-Blockchain Communication (IBC) Protocol to market. This integration allows users to directly interact with Injective’s Web3 financial modules, including its on-chain order book. As a result, users can perform complex cross-chain transactions, such as advanced order routing and swaps, seamlessly and without detailed knowledge of the underlying processes.
Injective is also introducing the Exotic Oracle Feed Design, a feature that integrates off-chain price feeds into the blockchain. This enables the launch of a variety of exotic assets, markets, and products, such as foreign exchange and tokenized bonds, within decentralized applications.
Furthermore, Injective has modified its on-chain inflation parameters to make the INJ token increasingly deflationary over time. As staked assets grow, the token’s economics will improve dynamically, potentially reducing inflation to near zero in the long term.
Eric Chen, CEO of Injective Labs, emphasized the company’s commitment to providing developers with advanced building blocks for next-generation finance applications. He highlighted that Injective is the only major L1 blockchain optimized for finance, offering unparalleled connectivity to other blockchains and applications. This upgrade further solidifies Injective’s position as a pioneering platform, granting both everyday users and institutions unprecedented access to the world of Web3 finance.
Injective, incubated by Binance and backed by esteemed investors like Jump Crypto, Pantera, and Mark Cuban, aims to revolutionize the financial landscape by offering powerful plug-and-play modules for creating cutting-edge decentralized applications.
The source of the article is from the blog lokale-komercyjne.pl