Blockchain
ZeroSwap Labs Launches ZeeDEX, a Multichain Compatible Liquidity Aggregator, Enabling Users to Swap in Zero Fees and Gasless Manner
Singapore, Singapore–(Newsfile Corp. – November 24, 2021) – ZeroSwap Labs launches ZeeDEX, a decentralized exchange with a multichain compatible liquidity aggregator. ZeeDEX will be live on BSC first and will integrate more chains subsequently.
Figure 1: ZeroSwap Labs launches ZeeDEX, a multichain compatible liquidity aggregator, enabling users to swap in zero fees and gasless manner.
Today, globally Decentralized Exchange (DEX) alone accounts for 100M+ transactions per day and the top 10 DEXes witness ~7B+ trading volume per day. These staggering numbers are just the beginning of an era and also possibilities that await ahead.
The DEXes offers enhanced security through self-executing smart contracts, which further eliminates the need for a 3rd party agency, resulting in a fair & transparent direct Peer-to-Peer (P2P) trading ecosystem and experience.
ZeroSwap, since its inception, has been committed to building a robust, multichain ecosystem, which allows users to participate in token sale via ZeeDO, move their funds cross chain via ZeroSwap Bridge, and now they would be able to swap on multichains in a gasless manner using ZeeDEX.
Introducing ZeeDEX
Zero-Swap aims to be the best interface for accessing on-chain liquidity in the cheapest way possible. In the context of DEX specifically, ZeroSwap aims to provide a secure, fast, and seamless multichain zero gas fee trading experience to its users. With this in mind, ZeroSwap is launching its native DEX aggregator platform, ZeeDEX. To start with, the ZeeDEX will be live on BSC, and subsequently, will integrate more chains. Currently, it’s live on Testnet.
In the words of Chandrashekar Ramu, Co-Founder & CEO of ZeroSwap:
“In the coming times, we will see developments around liquidity mining, thereby converting it to an in-house DEX platform, multichain farming, governance protocol, and mobile integrations, to name a significant few.”
For more latest updates and announcements, follow ZeroSwap on:
Website: https://zeroswap.io/
Twitter: https://twitter.com/ZeroSwapLabs
Telegram: https://t.me/ZeroSwap_ANN
Media Contact –
ZeroSwap
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104967
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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