Blockchain
LBank Exchange Will List BITONE (BIO) on February 23, 2022
Internet City, Dubai–(Newsfile Corp. – February 22, 2022) – LBank Exchange, a global digital asset trading platform, will list BITONE (BIO) on February 23, 2022. For all users of LBank Exchange, the BIO/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on February 23, 2022.
Figure 1: LBank Exchange Will List BITONE (BIO) on February 23, 2022
In today’s world, data verification is often done in a centralized way by relevant company, institution, or sometimes, auditors, therefore the integrity and reliability of the result cannot be assured. To address this issue, the BITONE (BIO) project utilizes blockchain technology to verify the integrity of the data with numerous audit nodes, and stores data in the blockchain using the IPFS method. Its native token BIO will be listed on LBank Exchange at 16:00 (UTC+8) on February 23, 2022, to further expand its global reach and help it achieve its vision.
Introducing BITONE Project
BITONE is a blockchain network that allows numerous audit nodes to verify the integrity of data through the self-developed 2DIVS (distributed data integrity verification system) and stores the verified data in the blockchain in the IPFS method. The project focuses on realistic technology that can be easily and quickly applied offline and online to services in operation in designing a perfectly decentralized data integrity verification technology.
To secure the reliability of online voting, BITONE provides B.V.C (Bio Voting Contractor), a blockchain-based electronic voting system which can be used by many industries that require online voting, and it also provides API for easy integration into existing online services.
Moreover, the B2O (Blockchain To Offline) market is developed that guarantees the integrity of offline product data and trusts the NFT technology and B.D.C (BIO Distribute Contractor) provided by BITONE.
In general, the random number generator (RNG) of online games runs on a centralized system, regardless of whether the results are random or pre-manipulated. B.R.C (BIO RNG CONTRACTOR), which is basically provided in BITONE, solves the reliability problem by including game participants in the process of deriving the RNG result value.
For protecting user assets, the BITONE project escrows coins or tokens commonly used by game operators through B.D.C technology supported for B2O service, and guarantees real-time data integrity through B.H.G (BIO Hash Generator). In addition, it provides a Web API to support HTML5 games and web services, and provides the Unity3d SDK, which is the most used for game development, so that many developers can use blockchain technology easily.
With these unique and advanced features, BITONE plans to support the multibillion-dollar interactive gaming market, including online card games, as well as the mobile gaming market.
About BIO Token
BIO is the native token of BITONE project, users store data and consume BIOs to ensure integrity, and miners earn BIOs by storing data and ensuring integrity. In addition, BIOs can be acquired through staking, and the amount of compensation is set in the Proof-of-Stake method and the Proof-of-Time method.
Based on TRC20, BIO has a total supply of 2 billion (i.e. 2,000,000,000) tokens. 71% of it is provided for mining pool incentives, 15% is provided for token sale, 7.5% will be used for marketing, and the rest 6.5% is allocated to the foundation.
BIO will be listed on LBank Exchange at 16:00 (UTC+8) on February 23, 2022, investors who are interested in BITONE investment can easily buy and sell BIO on LBank Exchange by then. The listing of BIO on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about BIO Token:
Official Website: https://www.bit-one.io
Telegram: https://t.me/bitone_official
Twitter: https://twitter.com/bitone_twit
Medium: https://medium.com/@bitone_official
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:
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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact:
ZEXPRWIRE
[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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