Safe introduces 'Safenet' to support users in managing assets across multiple blockchains.

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PANews December 3rd news, according to The Block, Safe (formerly known as Gnosis Safe) has launched Safenet, which is a transaction processor network designed to enable users to manage assets across multiple blockchains. Safenet aims to achieve instant cross-chain interaction transactions with execution guarantees, meeting the needs of users who require rapid and secure transfer of assets between various networks. Safenet itself is not a blockchain, but a meta-protocol as a connecting layer, which interacts with any blockchain through a single user account. Therefore, the project aims to address key challenges in Decentralized Finance, such as the dispersion of Liquidity and the complexity of managing Cross-Chain Interaction transactions.

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