Blockchain
LBank Exchange Will List Chain Token (CHN) on December 24, 2021
Internet City, Dubai–(Newsfile Corp. – December 22, 2021) – LBank Exchange, a global digital asset trading platform, will list Chain Token (CHN) on December 24, 2021. For all users of LBank Exchange, the CHN/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on December 24, 2021.
Figure 1: LBank Exchange Will List Chain Token (CHN) on December 24, 2021
As a blockchain based technology company, Chain is on a mission to enable a smarter and more connected economy. Powered by its ledger-as-a-service platform named Sequence, Chain builds cryptographic ledgers that underpin breakthrough financial products and services. Its utility-based cryptocurrency CHN will be listed on LBank Exchange at 21:00 (UTC+8) on December 24, 2021, to further expand its global reach and help it achieve its vision.
Introducing Chain
Chain is a blockchain based technology company on a mission to enable a smarter and more connected economy. Powered by Sequence, its ledger-as-a-service platform, Chain builds cryptographic ledgers that underpin breakthrough financial products and services.
Founded in 2014, Chain has raised over $40 million in funding from Kholsla Ventures, RRE Ventures, and strategic partners including Capital One, Citigroup, Fiserv, Nasdaq, Orange, and Visa.
What Is Sequence
Sequence is a ledger-as-a-service for managing balances. It combines the power of a token-based data model with the convenience of the cloud, making it easy to build, operate, and scale forward-thinking products. Sequence can securely track any type of value, letting software teams focus on shipping and scaling their products instead of building and maintaining ledger infrastructure.
Sequence is used as a system of record by a diverse set of companies including mobile wallets, crypto asset exchanges, lending platforms, sharing economy apps, payment services, funding sites, asset managers, and many more. Any application that needs to record transactions and calculate balances can benefit from using Sequence.
About CHN Token
Chain Token (CHN) is utility-based cryptocurrency which is used for discounts, premium access, and to pay for commercial fees on Sequence. It’s also used for on-chain governance for various community driven programs.
The total supply of CHN is 100 million (i.e.100,000,000), 50% of it is distributed to Sequence clients retroactively and currently, for free, as part of its distribution program, 30% sits on the corporate treasury balance sheet, which is half unlocked and the remaining half will unlock over 60 months through audited time-lock smart contracts, 10% is allocated to the team, and the rest 10% is for reserves, which is held under decentralized treasury and used for various community voted programs through on-chain governance.
The CHN token will be listed on LBank Exchange at 21:00 (UTC+8) on December 24, 2021, investors who are interested in Chain investment can easily buy and sell its token on LBank Exchange by then. The listing of CHN on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about CHN Token:
Official Website: https://chain.com/
Telegram: https://t.me/Chain
Twitter: https://twitter.com/chain
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 from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
l Telegram
l Twitter
l Facebook
l Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
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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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