Blockchain
LBank Exchange Will List MyCreditChain (MCC) on March 2, 2022
Internet City, Dubai–(Newsfile Corp. – February 28, 2022) – LBank Exchange, a global digital asset trading platform, will list MyCreditChain (MCC) on March 2, 2022. For all users of LBank Exchange, the MCC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 2, 2022.
Figure 1: LBank Exchange Will List MyCreditChain (MCC) on March 2, 2022
The market for personal and credit data is growing explosively in today’s data-driven society. And yet, there are issues that need to be addressed on how the data is collected, processed and disseminated, and how its value is shared. To tackle these issues, MyCreditChain (MCC) is here to produce Trust Data, letting individuals have the full ownership and control over their data and get reward for the consent they provide for their data, while allowing corporations to get access to comprehensive and quality potential customer data and add value to the data by joining its ecosystem. Its native token MCC will be listed on LBank Exchange at 16:00 (UTC+8) on March 2, 2022, to further expand its global reach and help it achieve its vision.
Introducing MyCreditChain
MyCreditChain is a blockchain-based platform where an individual’s Trust Data is generated and monetized. It’s user consent platform enables a data subject to exercise the full ownership and control over their personal data. With this unique feature, an individual can easily manage their own data and receive fair compensation from the data consumer.
Trust Data produced by MyCreditChain provides a multi-dimensional depiction of an individual’s trustworthiness. It can be used in not only the financial sector, but in every industry that looks for a means to have a deeper understanding of customers’ social and economic value.
In addition to bringing value to individuals, corporations can get hands on massive potential consumer data in the MyCreditChain Ecosystem. The data provided within the ecosystem is in scope and depth unseen before because individuals are willing to reveal their own preferences, the most effective and wanted marketing tool for corporations, due to the MyCreditChain’s incentive mechanism.
The data handled in the MyCreditChain ecosystem will be encrypted and stored in a distributed database, being kept secure since there is no centralized platform to be hacked, and it is automatically deleted after the data is being used.
With blockchain technology and Trust Data, MyCreditChain will unlock the limitations of the centralized system and traditional credit rating models, and build a decentralized platform where revenue can be shared fairly and transparently, as well as a data-driven market that creates a win-win situation for every participant, including individual data providers, corporation data consumers, and 3rd parties such as data scraping technologies provider, big data analyst, credit bureau, etc.
About MCC Token
MCC token is a medium of exchange and incentive for economic activities within the MyCreditChain ecosystem. The tokens received by individual participants in exchange for information can be converted into cash through the exchange and thus have their own economic value. Individual participants can update their trust information by paying tokens to use affiliate services such as loans and financial instruments. The information buyer pays MCC to the individual to request data, and the tokens are shared between the MCC ecosystem participants and the individual.
MCC has a total supply of 1 billion (i.e. 1,000,000,000) tokens, 27% of it is provided for token sale, 23% will be used for ecosystem activation, 15% is allocated to the team, 7% is allocated to advisors, 10% is reserved for the purpose of the additional system upgrade and development, another 10% will be used for marketing, and the rest 8% is allocated to founders.
MCC will be listed on LBank Exchange at 16:00 (UTC+8) on March 2, 2022, investors who are interested in MyCreditChain investment can easily buy and sell MCC on LBank Exchange by then. The listing of MCC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about MCC Token:
Official Website: https://www.mycreditchain.org
Telegram: https://t.me/mycreditchain
Twitter: https://twitter.com/mycreditchain
Facebook: https://www.facebook.com/mycreditchain
Whitepaper: https://www.mycreditchain.org/static/paper/20190902_Whitepaper_EN_V3.3.pdf
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]
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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