Blockchain
LBank Exchange Will List Vehicle Mining System (VMS) on April 15, 2022
Internet City, Dubai–(Newsfile Corp. – April 13, 2022) – LBank Exchange, a global digital asset trading platform, will list Vehicle Mining System (VMS) on April 15, 2022. For all users of LBank Exchange, the VMS/USDT trading pair will be officially available for trading at 12:00 (UTC+8) on April 15, 2022.
Figure 1: LBank Exchange Will List Vehicle Mining System (VMS) on April 15, 2022
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The current mining system of cryptocurrency often has problems such as high price and great power consumption. To provide an easy, simple and efficient solution, Vehicle Mining System (VMS) was created with the idea of making payments with coins mined in a moving car, which prioritizes environmental protection by allowing users to utilize electricity. The VMS token will be listed on LBank Exchange at 12:00 (UTC+8) on April 15, 2022, to further expand its global reach and help it achieve its vision.
Introducing Vehicle Mining System
Vehicle Mining System (VMS) is a system that can be used for all vehicles with engines. It is an efficient solution that resolved the electrical problems of mining computers supplying power from alternators of operating transportation engines, and aims to be equipped on most vehicles in the future.
As the world’s first patent application, trademark application, and design application of this area, VMS provides main functions including engine-alternator-inverter, mining computer, aluminum rack, power supply, LED cooling system, GPU, monitoring display, trunk installation, central server, etc.
Affiliated with a local strategic partner and providing services through close connection with banks, capitals, and loan companies, VMS allows payment to be made with mined coins, and conversion to VMS Coin is also possible. Coin mined from mining computers of each vehicle are gathered to the central server, which converts mined crypto to VMS Coin and puts it in the coin wallet. It automatically manages customers’ coin accounts, such as customer member management, coin wallets, and monthly payment status.
About VMS Token
VMS is the native token of Vehicle Mining System. The owner of VMS can invest in projects and trade on virtual asset exchanges through the coins they have as an investment operator. In addition, since it has a value as a cryptocurrency and can be swapped with other coins, there is a variety of uses. Users who purchase and hold can produce coins of the same value through swap, and can expect a variety of real-world uses with the increase of service platforms.
Based on ERC-20, VMS has a total supply of 4 billion (i.e. 4,000,000,000) tokens, of which 50% is provided for ICO token sales, 25% is provided for reserve fund, 15% is allocated to the team and advisors, 8% is provided for presale, and the rest 2% is provided for bounty program.
VMS token will be listed on LBank Exchange at 12:00 (UTC+8) on April 15, 2022, investors who are interested in Vehicle Mining System investment can easily buy and sell VMS token on LBank Exchange by then.
Learn More about VMS Token:
Official Website: https://www.vmscoin.com
Telegram: https://t.me/Vehicle_Mining_System
Twitter: https://twitter.com/vmscoin
Facebook: https://www.facebook.com/Vmscoin-108161448498525
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:
ZEX PR WIRE
https://zexprwire.com/
[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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