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BoHr (BR) Is Now Available for Trading on LBank Exchange

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Internet City, Dubai–(Newsfile Corp. – November 25, 2021) – LBank Exchange, a global digital asset trading platform, has listed BoHr (BR) token on November 22, 2021. For all users of LBank Exchange, the BR/USDT trading pair is now officially available for trading.

Figure 1: BoHr (BR) is now available for trading on LBank Exchange

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/105029_8945b65c642499a5_002full.jpg

A project called BoHr (BR) is here to build the world’s first high-performance development public blockchain network. BR token has been listed on LBank Exchange at 16:00 (UTC+8) on November 22, 2021.

Introducing BoHr

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BoHr is a decentralized blockchain system which helps trade and develop through powerful blockchain applications. It’s the underlying application platform which promotes the development of blockchain technology. BoHr directly solves the bottleneck of large-scale implementation of blockchain industry, breaks technical barriers with fast smart contracts, and dredges market interaction with multi-dimensional ecological structure. It also modifies the DeFi ecology of the whole field as the starting point, alleviates the bottleneck stage faced by the public chain market, and empowers the decentralized management ecology.

Aiming at the common problems of transaction congestion, high transaction cost and long transaction confirmation time in the existing blockchain, BoHr aims to build the world’s first high-performance development public blockchain network with the goal of “extremely light, extremely fast, extremely interesting and extremely wide”, and supports massive concurrent transactions and faster transaction confirmation.

BoHr has an innovative double-layer consensus mechanism and cosh consensus algorithm. By using the algorithm, a number of super nodes are selected periodically to give them the notarization right of data units, and they will send out effective notarization units to obtain block rewards. BoHr focuses on building a simple and easy-to-use decentralized digital token underlying blockchain, using declarative expressions to enhance expression ability. Users can create and issue digital pass freely without writing complex smart contract code.

BoHr also has an extensible wallet, which provides security and rich application interfaces for digital token, blockchain games and social networks.

About BR Token

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In BoHr network, BR token can be used as a GAS for transferring fees and generating smart contracts. Any developer who creates an application based on BoHr network must use BR as fuel. BR token has a mining mechanism called cosh (consensus of hash stake), users and investors can use mining machines to mine, obtain the platform’s exclusive digital encryption token. It’s initial mining amount is zero, as for block rewards, 85% is allocated to voting awards, which are calculated according to cosh algorithm, 10% is allocated to the agent node to maintain the normal operation of the block, the rest 5% is allocated to new users as incentive and promotion incentives for new users.

The total issue of BR is 835 million, the token distribution started at 16:00 AM GMT on Jan 1, 2021, and will end at 16:00 AM GMT on May 1, 2029. The BR token has been listed on LBank Exchange at 16:00 (UTC+8) on November 22, 2021, investors who are interested in BoHr investment can easily buy and sell BR token on LBank Exchange right now. 

Learn More about BR Token:

Official Website: https://bohrweb.org
Twitter: https://twitter.com/BOHRweb
Telegram: https://t.me/bohr6

Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4409897743385-BR-BOHR-will-be-listed-on-LBank

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About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.

Visit us on social media:

l Facebook
l Twitter
l LinkedIn

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

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Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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