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Picasso plays a fundamental role in maximizing the potential of Kusama and Polkadot by providing cross-chain DeFi infrastructure and trustless bridging solutions through the extension of the Inter-blockchain Communication Protocol (IBC) beyond the Cosmos ecosystem. In doing so, Picasso is able to act as the infrastructure layer enabling interoperable DeFi through which developers can pioneer cross-chain smart contracts with Composable’s Cross-chain Virtual Machine (XCVM). The XCVM is able to leverage the aforementioned infrastructure and communication protocols to facilitate asset transfers and cross-chain function calls between ecosystems connected to Picasso.