Stripchain, an interoperability protocol aiming to simplify blockchain user experience (UX), recently secured $10 million in funding.

This investment, led by Sora Ventures, will enable them to develop chain abstraction, a concept that hides the complexities of blockchain networks from users.

Similar to how users don't need to understand Netflix's backend systems, Stripchain envisions a future where users interact with decentralised applications (dApps) seamlessly without worrying about the underlying blockchain technology.

Their approach focuses on the transaction layer and utilises a proof of authority system, differentiating itself from other interoperability solutions.

With a private beta underway and a testnet launch on the horizon, Stripchain is poised to revolutionise user experience in the Web3 space.