Blockchain
LBank Exchange Will List Ethereum Signature (ETS1) on April 7, 2022
Internet City, Dubai–(Newsfile Corp. – April 6, 2022) – LBank Exchange, a global digital asset trading platform, will list Ethereum Signature (ETS1) on April 7, 2022. For all users of LBank Exchange, the ETS1/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on April 7, 2022.
Figure 1: LBank Exchange Will List Ethereum Signature (ETS1) on April 7, 2022
Electronic contract has been gaining popularity rapidly since it can be easily signed anytime, anywhere with just a few clicks compared to traditional contract on paper. To take electronic contract to the next level, Ethereum Signature (ETS1) was created as a blockchain-based electronic contract platform that provides transparency, efficiency, accessibility, and scalability. Its native ETS1 token will be listed on LBank Exchange at 16:00 (UTC+8) on April 7, 2022, to further expand its global reach and help it achieve its vision.
Introducing Ethereum Signature
Ethereum Signature is a blockchain-based global electronic payment platform that aims to replace traditional paper contracts made around the world. For achieving its goal, it plans to secure technical infrastructure and electronic contracting processes to support each country’s language and meet the legal effectiveness appropriate for that country. Provided on the Web and in APP format, it allows users to sign payments anytime, anywhere with an Internet connection.
With Ethereum Signature, contractors can easily request contract progress by uploading contract documents and delivering links to counterpart contractors, and contractors can also complete contracts through computers or smartphones, eliminating the hassle of existing paper contracts. All contracts are digitized and stored in blockchain, enabling secure and efficient contract document management, providing high scalability and general-purpose connectivity with other services. Additionally, rewards can also be offered to the users while participating in the contract.
The services provided by Ethereum Signature include various monetary contracts between debtors and creditors, such as notarization of IOUs; human resource document contracts such as employment contracts, payroll contracts, benefits, and educational documents in the enterprise; licenses for intellectual property such as patents, copyrights, software and trademarks; commercial contracts between entities such as non-disclosure contracts, invoices, purchase orders, sales contracts and service contracts; consumer contracts such as purchase orders, order confirmation, terms of sale, etc.; and real estate contracts for residential and commercial building sales, lease, and monthly rent.
With all these services and features, Ethereum Signature will continue to act as a practical DApp and innovative electronic contract platform based on verification and compensation for electronic contracts and signatures.
About ETS1 Token
The ETS1 token issued by Ethereum Signature is used as a key payment method within its own ecosystem, and acts as a medium between contractors and law firms.
Based on ERC-20, ETS1 has a total supply of 1 billion (1,000,000,000) tokens, of which 30% is provided for the ecosystem, 20% will be used for development, 15% will be used for marketing, 10% is allocated to the team and founders, another 10% is provided for token sales, 5% is allocated to the advisors, and the rest 10% is reserved.
ETS1 will be listed on LBank Exchange at 16:00 (UTC+8) on April 7, 2022, investors who are interested in Ethereum Signature investment can easily buy and sell ETS1 token on LBank Exchange by then. The listing of ETS1 on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about ETS1 Token:
Official Website: https://ethersig.io/EN_home
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
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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
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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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