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Blockchain

Huobi to Join BitTorrent Chain’s L2 Ecosystem

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Singapore, Singapore–(Newsfile Corp. – February 28, 2023) – Huobi, a virtual asset trading platform, announced its intention to join the BTTC (BitTorrent Chain) ecosystem and to support the development of a Layer 2 network based on BTTC. The goal is to promote an on-chain open financial system.

Image Source: Huobi

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BTTC, the L2 solution for Ethereum, TRON and BNB Chain, was launched in December 2021 with ZK (Zero Proof of Knowledge) technology to be introduced later this year. This enables users to build decentralized applications anywhere and provides a secure, low-cost and fast development environment for dApps, thus creating an on-chain open ecosystem.

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At its core, BTTC is a cross-chain solution that enables seamless asset exchange through digital asset connectivity of mainstream public chains such as Ethereum, TRON and BNB Chain, spanning a super network linking all blockchains.

The addition of Huobi to the BTTC ecosystem will further promote the development and usage of decentralized applications on-chain and enhance the exchange’s own ecosystem. Huobi has over 50 million users across the globe with over $100 trillion in cumulative assets traded. The exchange enables blockchain developers to serve a great number of verified users and connect voluminous digital assets worldwide. According to a report released by Huobi Research Institute at the end of 2022, global crypto users have reached 320 million. Huobi has the capacity to provide virtual asset trading services to hundreds of millions or even billions of users worldwide through the BTTC L2.

As a member of the Huobi global advisory board, H.E. Justin Sun commented, “Huobi joining the BTTC ecosystem reflects the industry’s latest focus on L2 developments and also demonstrates the pioneering status of BTTC among its peers in the field of building a complete and pragmatic Layer 2 cross-chain network structure and platform.”

By supporting the L2 network developments of mainstream public chains including Ethereum and TRON, Huobi aims to provide an open, secure and diverse environment for all relevant developer teams.

In November 2022, Huobi completed its brand upgrade, launching a new growth strategy. The exchange seeks to promote responsible use of crypto for a wide range of users, and educate more people about everyday crypto adoption by introducing them to an ever-changing network of quality digital assets, ensuring the free flow of value created by each individual as a global citizen. Huobi values the voice of its community and creates every opportunity for users to participate in the early stages of quality projects.

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About Huobi

Founded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation and other areas. Huobi serves millions of users across international markets. Please refer to Huobi’s official website for more information: www.huobi.com

Media Contact
Michael Wang
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156506

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System

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The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.

Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.

“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”

ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.

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“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”

The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.

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Blockchain

Bybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum

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Blockchain

Libfx.com Announces Vision to Build a World-Class Financial Platform

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