Blockchain
Renewable Energy Token (RET) Is Now Available for Trading on LBank Exchange
Internet City, Dubai–(Newsfile Corp. – April 29, 2022) – LBank Exchange, a global digital asset trading platform, has listed Renewable Energy Token (RET) on April 28, 2022. For all users of LBank Exchange, the RET/USDT trading pair is now officially available for trading.
Figure 1: Renewable Energy Token (RET) Is Now Available for Trading on LBank Exchange
While the renewable energy industry is surging worldwide, the problem of data integration and distribution hinders the progress of its market. To address this issue, Renewable Energy Chain (REC) proposes a blockchain-based integrated data platform for the global energy landscape, with an ecosystem that includes smart electronic generator, infranet, reward system, NFT, and many more. Its native token Renewable Energy Token (RET) has been listed on LBank Exchange at 14:00 (UTC+8) on April 28, 2022, to further expand its global reach and help it achieve its vision.
Introducing Renewable Energy Chain
Renewable Energy Chain (REC) is a project that aims to discover the value of renewable energy through digital transformation. Starting with research and development of smart electronic generators in 2015, REC has achieved core success in the renewable energy industry. It will create an industrial efficiency and eco-friendly ecosystem through REC Infranet’s blockchain information to help the world’s troubled power plant environment, air pollution issues, consumers’ costs, and business owners operate more effectively.
The advantage of REC’s generator is that when operating renewable energy, it needs small power to be compared to the consumption of conventional renewable energy motors and generators. Through this, it will play a big role as a part of the next-generation eco-friendly energy industry.
There is also REC Infranet that collects various data related to the renewable energy industry from participants in the REC ecosystem participants. Its data store consists of private storage (off-chain) and public blockchain (on-chain) due to the large amount of data to be collected from REC plants, which reduces the ideal of complete storage on the blockchain. Accordingly, information on data ownership, user authentication, payment, and management of rewards and deposit pools is selectively stored in the blockchain, and the remaining data items are stored off-chain.
The ecosystem of REC includes both current participants and those who can contribute indirectly to the future. Smart electronic generator owners play an important role in accumulating information in the REC ecosystem. EPC provides warranty services for defects that occur after installing electronic generators, and O&M experts provide general operation and maintenance services. For both existing and potential REC investors, REC Infranet will provide more accurate and objective information for asset management. In addition, companies in DEFI, manufacturing, and insurance, as well as governance functions, can benefit from large-scale data accumulation. There is also NFT calculating the value of REC generated and utilized in power through technical analysis. With this, general users can participate in the ecosystem of REC and obtain a part of REC.
As a blockchain-based integrated data management system and a distributed energy data platform, REC will continue to establish collaboration and network expansion among ecosystem participants to make a next-generation breakthrough in the renewable energy industry.
About RET Token
The Renewable Energy Token (RET) is a unified currency used for access to data and related services provided within the borderless REC ecosystem. Based on Klaytn, RET has a total supply of 8 billion (i.e. 8,000,000,000) tokens, of which 60% is provided for REC network, 10% is provided for token sale, another 10% is allocated to the team and partners, another 10% will be used for marketing, and the rest 10% is provided for REC operation.
RET token has been listed on LBank Exchange at 14:00 (UTC+8) on April 28, 2022. Investors who are interested in Renewable Energy Chain investment can easily buy and sell RET token on LBank Exchange right now. The listing of RET on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about RET Token:
Official Website: https://recchain.io/en/
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/6113579376409-RET-Renewable-Energy-Token-will-be-listed-on-LBank
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:
ZEXPRWIRE
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122145
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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