European blockchain project LTO Network partners BitMax.io to boost the adoption of blockchain technology, significantly improving automating processes amongst organizations through decentralized workflows or Live Contracts.
The journey began in 2014 for LTO Network and four years later it is launching with numerous clients and working projects. It will soon be listed on the BitMax.io exchange and bring a new wave of enterprise adoption with a unique token model.
Both LTO Network and BitMax.io advocate transparency and innovation in digital asset trading and will partner up to boost the adoption of blockchain technology. LTO Network has come up with a product that can be integrated into many businesses, enabling entities to collaborate on an equal footing by using Live Contracts.
LTO Network and Live Contracts
LTO Network is a European blockchain project, which has taken a hybrid approach. Its architecture consists of multiple, private chains, and a public chain, which acts as a security settlement layer. Using more than one layer allows for more customization and scalability.
Governments and multinationals invest billions in automation solutions to make their day-to-day processes efficient, but when it comes to automating processes amongst organizations, a gap exists that LTO Network believes it can fill. Their decentralized workflows, called Live Contracts aren’t dictated by the network but defined case-to-case.
The process of how businesses interact and exchange information is automated, splitting traditional contacts or processes into parts and containing instructions on actions or sequences that need to be executed that both humans and machines can understand. Live Contracts allow organizations to seamlessly integrate blockchain technology and enhance their capabilities, rather than replacing current systems.
Organizations are able to meet data privacy requirements with the private layer that enables data sharing, collaboration and automation of processes. Nodes handle many Live Contracts, and only the nodes of participants in that particular process have access to that private chain. Each party involved in the Live Contract validates the actions of others and secures data submissions. The public chain is used for decentralized workflows and notarizing every type of information.
Live Contracts can be applied in many areas, such as insurance, healthcare, supply chains, and legal contracts. For more than a year, the focus has been on real-world decentralized workflow applications for governments, enterprises and standalone projects. In addition, they can remove operational frictions among entities and have the potential to cut costs significantly.
When it comes to supply chains, plans exist to connect multiple agencies to manage the removal and transportation of waste to and from EU countries, using LTO’s solution to get rid of heavy bureaucracy. Corporate real estate agencies, such as M7, Deloitte, and Merin are currently working with the LTO network to create rental agreement lifecycles as Live Contracts. On insurance, LTO Network is working with DEKRA to develop GDPR compliant automated third-party data-handling.
BitMax.io – a 3rd Generation Digital Asset Trading Platform
BitMax.io has been making an impression in the digital asset trading and exchange world since its launch. Venture capital institutions, such as BitMain, have invested in the company. The team has valuable expertise in areas such as capital markets, technology, and crypto economy.
The emphasis on quality, reliability, and transparency has led to its strong growth trajectory. This global digital asset trading platform offers a wide range of products and services to clients. High performance, low transaction fees, 24/7 global trading, and real-time trade settlements make the platform appealing to its users.
Potential of the Partnership
Co-operation with BitMax.io is another big step for both projects. The CEO of BitMax.io says that BitMax.io and LTO Network will together to tackle both the European and Asian market, with the U.S. following after that. There has always been a gap between European and Asian projects, especially when it came to liquidity. BitMax.io, as a 3rd-generation exchange, has made it possible to close the gap.
In the first quarter of 2019, LTO Network will start migrating its existing clients to decentralized workflows.
76230|CoinAll Launches a 10000 USDT New-User Campaign to Expand Community
CoinAll has today announced the launch of a new user campaign which will last a month and features a 10,000 USDT bonus pool. Users who complete the two-task mission will have a chance to share in the bonus. The campaign comprises two tasks. In task one, new users have to register on CoinAll and pass KYC1 verification.
In the second task, new users need to deposit CoinAll-listed cryptocurrencies into their accounts. Upon completion of the two tasks, they will get the bonus. The campaign is open to all digital asset traders from around the world.
Katherine Deng, General Manager of CoinAll stated,
“Community is the foundation of CoinAll. We hope to make it larger and stronger. Together with our users, we endeavor to make the industry better in the near future.”
CoinAll is a community-driven exchange, which means the users of the CoinAll community have the power to influence the development of the exchange. CoinAll also launches various promotions for the community as well.
For example, the blockchain quiz show “Who Wants to Be a COINALL-inaire” hosted in March, featured the industry’s first “decentralized question bank” and attracted hundreds of thousands of participants. By answering 10 questions correctly, users could take home hundreds of USDT in prizes. While enjoying the fun and bonuses, users also broadened their knowledge about blockchain technology.
By offering a variety of campaigns, CoinAll has rapidly established a community of tens of thousands of members.
Besides community development, CoinAll also spares no effort in offering high-quality blockchain projects to traders.
For example, COSM, which will be supported by Samsung’s latest flagship smartphone and is the first dApp partner of Samsung, was one of the very first offerings by the exchange. CoinAll has also listed other well-received projects such as BTT, ZIL, ONT, and Grin.
As an fast-emerging exchange, CoinAll was recognized as the first strategic partner of OKEx, the top-class exchange in the world. CoinAll is showing great ambition, pledging to become top-20 exchange in the world within 1 year with the help of OKEx.
“We feel grateful to our users,” said Katherine Deng. “And we want to give back to our community and make it larger and stronger. This time, our new campaign also reflects our great determination that CoinAll will continuously offer projects of high quality and good trading experience to global users.”
For more information about the promotion, please visit the link.
Related Links available on this link.
76220|HYBSE Lesotho [PTY] Ltd. launches new Stock Exchange!
Lesotho, South Africa, March 20 2019 – HYBSE Lesotho [PTY] Ltd. HYBSE has launched its exchange today, which allows traders to exchange and trade all financial instruments on a distributed ledger technology [DLT].
DLT assists in reducing inefficiencies and improve the speed of doing business by providing a single, shared version of events and implementation of standard business functions. The distributed ledger technology [DLT] and HYBSE technologies consolidate brokers, clearing houses, custodian escrows and settlements into one complete package.
HYBSE assumes the role of central equity exchange and functions as a central counter-party, through which financial transactions between different parties are handled and cleared on a global scale.
Day to day traders can now trade bluechip shares from all over the world on one platform. There are currently 17 companies being processed to trade on HYBSE, some of these include:
- Ð.Daimler Mercedes Benz
- Ð.SAP SE
- Ð.ABB STK N
- Ð.Amazon COM STK
- Ð.Apple Inc.
- Ð.Alphabet (Google)
- Ð.Investec Ltd.
- Ð.Old Mutual Ltd.
- Ð.Standard Bank Group
A selection of these companies will be open to trade going forward from today.
HYBSE is an online digital equity exchange, clearing, settlement, custodian and money market platform, using Digital ledger echnologies [DLT]. The HYBSE has a licence from The Kingdom of Lesotho and offers small and medium enterprises [SME’s], as well as the general market to seek and access global capital.
The HYBSE is a borderless, user-friendly platform were equity securities such as shares, and other currencies are traded 24 hours a day throughout the year
For more information, visit our official website!
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