Bitcoin News Post
No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
LIVE PRICES
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
No Result
View All Result
Bitcoin News Post
No Result
View All Result

Hedera Hashgraph and LCX join forces for new security token protocol

by BNP
July 20, 2021
in Crypto News
0
Share on FacebookShare on Twitter


LCX, the Liechtenstein Cryptoassets Change, at present introduced a strategic partnership with Hedera Hashgraph. LCX is increasing its platform for the Hedera Hashgraph community to ascertain a brand new gateway for safety tokens and tokenized digital property.

With this new partnership, Hedera will leverage the know-how infrastructure of LCX to increase the Hedera Token Service (HTS). Additional, with the addition of a brand new safety token normal; each groups will supply a brand new, safe, dependable, clear, and compliant infrastructure for digital securities to customers.

From this strategic partnership, the Hedera and LCX group will profit in quite a few methods:

  • The Liechtenstein Protocol: Implement a brand new normal for digital securities enabling on-chain and on-token-level compliance on the Hedera community.
  • Safety Token Commonplace: Develop a framework for the tokenization of securities, the infrastructure for safety tokens, and company tokens (permission-based tokens).
  • HBAR Itemizing on LCX Change: Itemizing of Hedera’s native cryptocurrency, HBAR, on LCX Change.

“It has been great to see the big selection of progressive functions within the Hedera ecosystem. LCX is main the way in which in creating blockchain-agnostic requirements for the thrilling space of digital securities; and leveraging Hedera’s distinctive properties of pace, safety, and equity with a low carbon footprint, will speed up the adoption of this rising market.”
– Leemon Baird, CTO & Co-Founding father of Hedera Hashgraph

HTS + LCX

The Hedera Token Service (HTS) provides LCX and its purchasers the power to problem and configure tokens on the Hedera platform; taking full benefit of the community’s efficiency, safety, stability, and governance. HTS mixed with LCX’s compliant token sale supervisor provides a quicker and extra environment friendly various to good contract token creation.

“There may be a direct want for practicable requirements for digital securities to assist companies world wide simplify and improve how they problem safety tokens; increase funds or set up new blockchain-powered monetary devices. LCX’s partnership with Hedera Hashgraph is a crucial milestone in our efforts to digitize conventional processes; and assist spur innovation on this crucial business section for the many years to return.”
– Monty C. M. Metzger, CEO & Founding father of LCX

The Liechtenstein protocol, launched on the high of the Hedera distributed community, will allow organizations to make use of LCX’s Liechtenstein Protocol framework to simply create safety tokens with the power to robotically implement sure circumstances associated to authorized and regulatory necessities relevant to securities, and allow the automated compliance of the tokenized useful resource with predefined necessities embedded within the code.



Source link

ShareTweetPin

Related Posts

Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report

by BNP
February 1, 2023
0

The UK is host to at the least 168 firms accused of working fraudulent crypto or overseas trade (foreign exchange)...

Lido DAO Governance Token Down, Staked Ether Price Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Price Rises as Fed Rate Decision Nears

by BNP
February 1, 2023
0

“Mild, fast and accountable, the Rabbit is the fourth animal within the 12-year cycle of the Chinese language horoscope. Along...

Is $1 Million Possible For Bitcoin? Here’s What This Analyst Thinks

by BNP
January 31, 2023
0

Bitcoin is already seeing a drawdown which has sparked hypothesis that the mini-bull run has come to an finish. Nevertheless,...

Mango Markets Exploiter Thought a DAO Protected Him. Then US Courts Showed Up

by BNP
January 31, 2023
0

“Nonetheless, we weren't shocked to see indicators that a number of affected customers assisted within the prison investigation. And we...

UK native stablecoin integrates into 18,000 ATMs nationwide

by BNP
January 31, 2023
0

A partnership between Poundtoken and BitcoinPoint will make the nation's first 100% backed GBP stablecoin ($GBPT) accessible to retail shoppers...

Top 5 AI Cryptos Worth Investing In This Year

by BNP
January 31, 2023
0

There are quite a few new cryptocurrencies that make use of the newest developments in synthetic intelligence (AI) know-how; nonetheless,...

Load More
Next Post

No shilling Dogecoin or Shiba Inu? How TikTok's crypto ban helps the space

Bitcoin News Post

Get the latest Bitcoin news & Cryptocurrency updates from the world's top trusted sources.

  • Home
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © Bitcoin News Post.

No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation

Copyright © Bitcoin News Post.

  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • RelevantRelevant(REL)$0.791.67%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183584-4.85%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%