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LBank Exchange Will List Swash (SWASH) on February 23, 2022

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Internet City, Dubai–(Newsfile Corp. – February 21, 2022) – LBank Exchange, a global digital asset trading platform, will list Swash (SWASH) on February 23, 2022. For all users of LBank Exchange, the SWASH/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on February 23, 2022.

Figure 1: LBank Exchange Will List Swash (SWASH) on February 23, 2022

The world today is governed by data, a transparent, secure, and collaborative ecosystem for data that incentivises everyone is urgently needed. Reimagining data ownership, Swash’s decentralized data ecosystem redefines how data is collected and valued by providing a simple way to passively earn, innovate, and create for a fairer world and better, more equitable internet. Its native token SWASH will be listed on LBank Exchange at 18:00 (UTC+8) on February 23, 2022, to further expand its global reach and help it achieve its vision.

Introducing Swash

Swash is an environment and toolset where individuals, businesses, and developers can unlock new incentivisation mechanisms. It aims to rebalance the data economy in a user-centred, privacy-preserving way. It helps people take ownership over their data and to receive income from the profits it generates, developers to innovate a new generation of data solutions, and businesses to access high-quality data without intermediaries. The Swash ecosystem is built on the premise that, by recognising and incentivising all actors, it can rebalance value and redefine standards to create a better, more sustainable data economy.

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The first wave solutions that Swash ecosystem provides include Data Union, sIntelligence, sApps, and sCompute. As the world’s first and largest Data Union, Swash enables individuals to practice their data rights while celebrating their role as essential value providers in the ecosystem. And Swash’s sIntelligence solution provides unique, unrivalled business intelligence insights through a web-based platform to companies. Furthermore, developers who want to be a part of the next generation of data solutions can join the Swash ecosystem by building Swash applications (sApps). Last but not least, sCompute provides a way for data scientists to perform computations on Swash data without needing to purchase it by paying only for the computation and to access the results.

Swash has a skilled and diverse team with extensive experience in software development, cybersecurity, and blockchain. It is continuously improving software and services at all levels of the ecosystem, as well as being focused on boosting awareness of Swash through business development and marketing efforts, helping to shape the understanding of not only Swash but the larger data economy and the pressing need for change at scale.

About SWASH Token

SWASH is the native token of the Swash universe which powers a world of data. The incentive system rewards ecosystem actors with SWASH in return for their participation. And all data transactions across all marketplaces, platforms, and applications will be distributed in SWASH. This will also be integrated with Swash’s constellation of partners and their native currencies, allowing for cross-fertilisation of value, increased adoption, and seamless user experience. In addition, SWASH holders can vote for projects they wish to see receive funding from the Swash DAO fund, decide on new road map developments, and take part in token-related decisions.

The total supply of SWASH is 1 billion (i.e. 1,000,000,000), 9% of it is provided for pre-seed round, 3% is provided for seed round, 5% is provided for strategic round, another 5% is provided for pre-sale round, and another 5% is provided for public sale. 14% of it will be used for ecosystem and DAO growth, another 14% is provided for community and platform rewards, 15% is allocated to the foundation, another 15% is allocated to founders, 5% is provided for liquidity, and the rest 10% is allocated to team and advisors.

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The SWASH token will be listed on LBank Exchange at 18:00 (UTC+8) on February 23, 2022, investors who are interested in Swash investment can easily buy and sell SWASH on LBank Exchange by then. The listing of SWASH on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about SWASH Token:

Official Website: https://swashapp.io/
Telegram: http://t.me/swashapp_group
Twitter: http://twitter.com/swashapp

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.

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Start Trading Now: lbank.info

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

PR Contact:
ZEXPRWIRE
[email protected]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114359

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

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

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

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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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