OpenZeppelin and Axelar Introduce OpenBridge, Composable Crosschain Security for Onchain Applications
1. OpenBridge enhances security for crosschain transactions using ERC-7786 standard. 2. Launch coincides with ZuBerlin Ethereum developer conference for crosschain interoperability. 3. The framework allows combining multiple interoperability protocols for transaction approvals. 4. Open source tools aim to simplify multichain development for developers. 5. Axelar's interoperability platform addresses institutional-grade use cases in Web3.