New Web Product
AstralBeam Moves Tokenized Netflix Stock Between Chains
AstralBeam, a platform for moving tokenized assets between different blockchain networks, demonstrates the process of transferring a tokenized Netflix stock from the Casper chain to the Robinhood Chain. The token is burned on the Casper chain, verified by five independent relayers, and then the original ERC-20 tokens are unlocked on the Robinhood Chain. The process ensures that an asset never exists on two blockchains simultaneously, with the token disappearing from one network and reappearing on the other after verification.