RenBridge Description
RenBridge allows you to wrap digital assets on different blockchains. RenBridge, for example, allows users to take Bitcoin and put it on Ethereum as an ERC-20 called renBTC. RenVM, a universal translator converts digital assets into the format required by the destination chain. RenVM, for example, takes BTC and holds it. Then it converts it into an ERC-20 using a 1:1 ratio. This ensures that your renBTC is always backed with the same amount of BTC. RenVM will hold on to your assets even if they are on other blockchains. RenVM is a new technology. Security audits / do not completely eliminate risks. Don't give assets that you can't afford!
Integrations
Company Details
Company:
RenBridge
Website:
bridge.renproject.io/welcome
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Product Details
Platforms
SaaS
Type of Training
Documentation
Customer Support
Online