Umbria Aurora — July digest
We started the month hooking up with our favourite Twitcher Steven Schill AKA The Schiller to talk all things Narni Cross-Chain Bridge and answer all your questions. As always, a great experience.
Check out the interview below and if you want to read up all about it go check out our earlier post.
Narni test results
On the subject of Narni, we released some amazing test results.
For moving USDT from the Ethereum network to the Polygon network it took an average of 47 seconds and cost just $2.80; Polygon to Ethereum took an average of two minutes 12 seconds and cost $5.62. This is significantly faster and cheaper than the Polygon web wallet bridge, which can cost upwards of $200 and take several hours for a transaction to complete.
Read the full press release here.
Umbria Connect Page
Now you can configure your Metamask wallet to connect to any EVM-compatible chain using Network Umbria’s Connect Page: https://umbria.network/connect/
Confirmed for the AIBC Summit
Umbria will be represented at the AIBC Summit in Malta (15th-18th November) by our co-lead developers. Oscar will be talking MONEY FOR PLAY: CREDIT WITHOUT BANKS? and Barney will be discussing REINVENTING THE BANKING WHEEL WITH DEFI with other key speakers.
Book your tickets and see the agenda: https://aibc.world/events/europe/aibc-nov-summit-2021/agenda-2021/
Umbria AMA on Discord
Barney and Oscar took to Discord to host an AMA to discuss everything Umbria and the new developments on our cross-chain bridge Narni.
We want as much liquidity on our exchange as possible and the Narni Bridge is really going to be the catalyst that enables people to move their liquidity into our DEX and really build it into something big and one of the best exchanges available.
ICYMI you can catch it below. The next AMA is will be Friday, August 6th at 12pm EST — here’s the Discord link: https://discord.com/invite/8Ms7Cr4
Media corner
DeFi slate interview
Barney and Oscar joined Rob Klages of blockchain & cryptocurrency education content platform DeFi Slate to discuss how Umbria is linking together the core components of DeFi.
Umbria Network has identified that no current bridging system facilitates the movement of large amounts of crypto assets from one blockchain to another in a cost-effective, fast and easy-to-understand way.
Narni Bridge is being developed to make the whole ecosystem more efficient and remove the barriers that users presently experience. It will allow participants to capitalise on arbitrage opportunities effortlessly and at fractional cost.
WATCH the full interview here:
BeInCrypto interview
Oscar spoke to BeinCrypto giving the full lowdown on the Umbria platform, talking interoperability and discussing how Umbria is making the DeFi landscape easier to navigate and cheaper for the end-user.
“We thought, well, why don’t we migrate a lot of this great technology onto Layer 2 so that it can become usable again? And it seemed like a natural progression that needed to happen. So we took on that challenge, and we’ve been creating DeFi products ever since.”
See the full interview here: https://beincrypto.com/unifying-crypto-with-umbria-co-founder-oscar-chambers/
Financial Fox Live
Stefania Barbaglio hosted a live webinar on DeFi: Optimising Blockchain Transactions which featured an exclusive panel of crypto & technology experts including Li Jiang, COO of Harmony, Philipp Zentner founder of Li.Finance, Asif Khan from Polygon and of course Umbria’s Barney and Oscar Chambers.
See the full webinar below 👇🏻
U.Today interview
Clem Chambers, CEO of ADVFN and Online Blockchain (the listed company which acts as Umbria’s administrator, co-ordinator and advisor) gave an exclusive interview to U.Today. He talked crypto markets, investment strategy, favourite altcoins, Bitcoin price predictions and Umbria.
U.Today: Initially, what made you interested in DeFi, and why did you choose to become Umbria’s advisor?
Find out his answer: https://u.today/clem-chambers-explains-why-bitcoin-can-drop-to-13000-this-year-but-might-reach-120000-in-3-5-years
Zak Mir Trader’s Cafe
Clem was in action again talking to Traders’ Cafe’s Zak Mir about how the aftermath of the pandemic has raised interest in the stock market and the crypto space.
This has boosted Online Blockchain’s profile. “People are seeing what we’re doing with our development of Umbria and its bridge technology and its farming and its swapping technology, and they’re going, oh that’s exciting, that could be enormous.”
See the full interview here (free registration required) and a digest here: https://uk.advfn.com/newspaper/advfnnews/60767/clem-chambers-interviewed-by-trader-s-cafe-with-zak-mir
Other news
Shares of Online Blockchain PLC (LON: OBC) are up 51% since announcing that it was in the final stages of testing Umbria Networks’ cross-chain Narni bridge.
The transformational bridge solution will allow users to move ERC-20 tokens securely from one blockchain network to another at a fraction of the costs charged by the currently available bridge solutions.
And finally…
A warm welcome to Aaron Goulden, who’s joined our developer team. If you’d like to know more about working with Umbria email us at: hello@umbria.network
Come drop by and say hello on Friday, 6th August at our Discord AMA (5pm BST) Umbria Discord channel. You can also catch us here: Telegram, Twitter, Facebook or LinkedIn.
Until next time.
The Umbria Team
