Blockchain
LBank Exchange Listed Bobcoin (BOBC) on March 18, 2022
Internet City, Dubai–(Newsfile Corp. – March 23, 2022) – LBank Exchange, a global digital asset trading platform, listed Bobcoin (BOBC) on March 18, 2022. For all users of LBank Exchange, the BOBC/USDT trading pair is officially available for trading at 21:00 (UTC+8) on March 18, 2022.
Figure 1: LBank Exchange Listed Bobcoin (BOBC) on March 18, 2022
As the first for-profit social enterprise offering an asset-based utility token, Bob Eco declared war against pollution and is creating thousands of jobs with the help of the world of crypto and decentralized technology. Its native token Bobcoin (BOBC), which supports both BSC and ETH network, will be listed on LBank Exchange at 21:00 (UTC+8) on March 18, 2022, to further expand its global reach and help it achieve its vision.
Introducing Bob Eco
Bob Eco Ltd. is an electric vehicle and clean energy company registered in Hong Kong. Its mission is to accelerate the transition to sustainable energy while focusing on emerging markets, which begins with the motorcycle taxi market in Africa. Experiencing extraordinary economic growth, the motorcycle industry on the African continent alone has grown into a 600-billion-dollar market.
To ensure that Bob Eco can meet the government-backed demands for millions of lithium-powered vehicles, Bob Eco signed a 200-million-dollar production deal with manufacturing juggernaut Jincheng Suzuki. The companies have the collective aim to deploy up to 1.5 million UNEP certified lithium powered motorcycles for riders by 2024. The parties now produce various models, including the electric Model-X, the flagship and the focus model.
In a bid to create a system where Bob Eco purchases assets to be linked to crypto tokens, Bob Eco is launching an Initial Coin Offering with Assets (ICO-WA). This ICO-WA will provide opportunities to project enthusiasts. Funds gained through the ICO will be used for asset purchases linked to the Bobcoin (BOBC), which acts as a utility token linking the coin owner to this specific asset.
To make this system more transparent, Bob Eco is integrating blockchain technology into its asset management systems to show the assets linked to Bobcoin. The intention is to proactively provide digital, permanent, and auditable records that show stakeholders the status and place of assets (motorcycles or objects related to the bob ecosystem). All will be verifiable by chassis-, engine-, and GPS numbers.
About BOBC Token
Bobcoin (BOBC) has a total supply of 1 billion (i.e. 1,000,000,000) tokens, 667 million tokens are based on BEP-20, and the rest 333 million tokens are based on ERC-20.
The token distribution of BOBC enables the Bob Eco business model, maximizing tokens for developers and users of the ecosystem first and both providing price flexibility for long term growth. 24% of the total supply is privately sold during STO (which was used for asset purchase and technological developments), 1% is provided for launchpad, 2.5% is provided for white list dex, 17.5% is provided for public sales (which will be applied for the purchase of new assets to grow the business model), 10% is reserved for 2024 public sales, 25% is allocated to the team, 5% will be used for marketing, another 5% is provided for consultancy, and the rest 10% is provided for technology development. There is a very long defreezing time for the STO participants and for all other major appointed wallets, to prevent too many tokens from entering the market, and to safeguard new token holders.
BOBC will be listed on LBank Exchange at 21:00 (UTC+8) on March 18, 2022, investors who are interested in Bobcoin investment can easily buy and sell BOBC on LBank Exchange by then. The listing of BOBC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about BOBC Token:
Official Website: https://bob.eco
Telegram: https://t.me/bobEco
Twitter: https://twitter.com/BobEcoOfficial
Instagram: https://www.instagram.com/bob.eco.coin/
Facebook: https://www.facebook.com/BobEcoLtd/
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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[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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