Teleport Network

The Teleport Network provides the infrastructure and framework for frictionless cross-chain communications between disparate blockchain networks. The network enables developers to build dApps that can access global liquidity and communicate with the entire blockchain ecosystem, with minimal integration efforts or the need to develop their own proprietary cross-chain bridges. The architecture of the Teleport network consists of two layers – the infrastructure and application layers. At the foundation is the infrastructure layer, which follows a delegated proof-of-stake (DPoS) blockchain model similar to Cosmos Hub. In addition, it deploys the XIBC cross-chain protocol (chain module and smart contract) and developer SDKs for application builders to implement cross-chain dApps integration. Users can access cross-chain DEX to complete cross-chain token swap and LP in a single transaction, the cross-chain lending protocol to supply tokens to borrow other tokens from a different chain, and the cross-chain NFT market for NFT purchase.