Chorus One received funding from the Web 3 Foundation to develop Polkadot and Cosmos interoperability

PoS node professional service provider Chorus One announced that it has received funding from the Web 3 Foundation to develop and implement Substrate and Cosmos SDK interoperability. Interoperability will enable users on the Cosmos SDK blockchain to transfer tokens including Terra to the Substrate chain to better utilize the Polkadot ecosystem. Dieter Fishbein, head of ecological development at the Web3 Foundation, said, “The Substrate light client compatible with the Cosmos SDK is an important first step in linking the Polkadot and Cosmos ecosystems.”