Composable Finance is using the inter-blockchain communication (IBC) protocol from Cosmos to connect DeFi functions across different ecosystems, including Polkadot. IBC is an interoperability protocol that allows blockchains to communicate with each other securely and accurately. Composable Finance chose IBC over other bridging solutions because of its decentralized, trustless nature. The company also implemented CosmWasm, a protocol that facilitates the creation of modular smart contract code, outside of the Cosmos ecosystem, enabling existing projects on Cosmos to deploy on Polkadot.
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Composable Finance brings inter-blockchain communication from Cosmos to Polkadot with IBC protocol
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