Blockchain technology is poised to disrupt the future of finance. However, today there are hundreds of different blockchains, each with its own set of standards. This way, users and applications on one chain cannot move across these blockchain networks and are essentially siloed out. Infinito is solving this problem by launching a new cross-blockchain protocol that enables transfer of information between different blockchain networks. We like to think of this as UPI for blockchains. Similar to how UPI enables different wallets (Paytm/PhonePe) to interact with each other, Infinito enables different blockchain to connect with each other. What sets us apart from existing cross-chain products is the fact that our solution is much more secure. Existing cross-chain products in the market are managed by operators who take custody of all user’s funds and the users are entirely dependent on them for security and ensuring uptime of the network. However, this exposes users' funds to theft and highly secure applications like banking documents can never move across these networks due to low security offered by these operators. Infinito solves this problem by using advanced cryptographic schemes
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Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.