Blockchain
LBank Exchange Will List GRINBIT (GRBT) on March 22, 2022
Internet City, Dubai–(Newsfile Corp. – March 20, 2022) – LBank Exchange, a global digital asset trading platform, will list GRINBIT (GRBT) on March 22, 2022. For all users of LBank Exchange, the GRBT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 22, 2022.
Figure 1: LBank Exchange Will List GRINBIT (GRBT) on March 22, 2022
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There is no doubt that communication plays an essential role in the age of information. To bring innovation to the communication, GRINBIT (GRBT) utilizes the power of blockchain technology to provide contact-free services, so that it can help people meet with each other anytime anywhere while incentivizing them at the same time. Its native token GRBT will be listed on LBank Exchange at 18:00 (UTC+8) on March 22, 2022, to further expand its global reach and help it achieve its vision.
Introducing GRINBIT
Referring “untact” as “optional contact-less”, GRINBIT project set out on its journey with a mission that it will make people’s lives better through “untact communication”. Although the development of the Internet has already enabled people to have real-time communication without a face-to-face meeting, such a remarkable advancement has yet come short of perfection. There are some people who still suffer from low-quality service and functional restraints depending on one’s social class or background, and they are isolated from the innovation of technology.
Rooted in the ambition of leading an open communication with the best technology, GRINBIT has introduced and operated the video public phone in a number of places, such as military camps, correctional institutions, hospitals, nursing facilities or smart consultation in the Ministry of Justice. This experience has led it to contribute to the improved welfare and convenience for soldiers, by successfully providing the military camp with not only video call but also voice call and text message services.
The contact-less service provided by GRINBIT in the Ministry of National Defense has installed its contact-less devices in around 13,000 units of the Republic of Korea army, navy, air force, and the marine corps, and provided its service to as many as 3 million members, in an effort to realize more advanced open communication with society and to establish an energetic military culture.
In addition to video call services, GRINBIT project aims to help expand its services and contribute to enhancing the potential of the blockchain ecosystem and bringing a satisfactory innovation to a wider range of people. These services include offering a wide range of educational content that can be studied with smartphones; providing supporters for career and various concerns via chat or video call; live streaming broadcasting; offering games with low capacity that can be easily and simply healed and rewarded; creating SNS to communicate with users own family and friends; providing multi-channel contents including music, video, webtoons, sports, fashion, lifestyle, etc.
With all these services, GRINBIT continues to build an ecosystem based on GRBT token for not only blockchain enthusiasts but also general content creators and users.
About GRBT Token
GRBT is the native token of GRINBIT. Use of GRINBIT’s services is not restricted by the non-use of GRBT. However, GRBT holders are authorized by the company to gain profit from the contents they launched firsthand. GRBT holders can maintain a long-term holding of GRBT as a means of value storage, and the more GRBT they have, the more benefits they get from the GRINBIT ecosystem.
Any contents profit generated by other payment methods than GRINBIT will be used to repurchase GRINBIT through exchange. The procedure for dealing with GRINBIT recovered through the GRINBI COMPANY-provided content and GRINBIT recovered through repurchase will be voted on every quarter. GRINBIT holders have the right to vote between two methods including burn and airdrop, enhancing the scarcity value of GRINBIT or allocating to GRINBIT holders.
Based on Klaytn, GRBT has a total supply of 10 billion (i.e. 10,000,000,000) tokens, 20% of it is provided for token sale, another 20% is provided for mining, 30% is allocated for the ecosystem, 5% is provided for bounty, 3% will be used for marketing, 5% is allocated to the core team and founders, another 5% is allocated to early investors and advisers, and the rest 12% is reserved by the company.
GRBT will be listed on LBank Exchange at 18:00 (UTC+8) on March 22, 2022, investors who are interested in GRINBIT investment can easily buy and sell GRBT token on LBank Exchange by then. The listing of GRBT on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about GRBT Token:
Official Website: https://www.grinbit.io
Telegram: https://t.me/joinchat/9G0flhz7zyBhOGY1
Twitter: https://twitter.com/grinbit2
Facebook: https://www.facebook.com/GRINBNC/
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:
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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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