JCN Newswire
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JCB and Datachain Start Demonstration Experiment to Build a “Digital Currency Exchange Platform”

ruth
4 minutes

TOKYO, Dec 9, 2021 - (JCN Newswire via SEAPRWire.com) - JCB Co., Ltd., Japan's only international payment brand, and Datachain has started a demonstration experiment on interoperability between different blockchains(*1) to build a "digital currency exchange platform".In the near future, various digital currency and circulation platforms are expected to be launched, including those issued by the private sector in addition to the Central Bank Digital Currency (CBDC). As the existing fiat currencies are widely exchanged, it is essential to develop exchange functions that enable interoperability among digital currency platforms to make use of digital currencies. For now, the most common way to exchange digital currencies is to have a third party mediate the transaction. However, given the fact that blockchain was originally designed to be "autonomous and decentralized", it is highly likely that exchanges that do not rely on a third party will be widespread in the future.As the first stage of the joint research, JCB and Datachain, which has expertise in interoperability technology, have been discussing the technical usefulness of a method for interoperability between different blockchai...

ACN Newswire
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BTX Capital Announces $3M Investment in Partnership with TheAPIS, an Open Source API Platform

indie
3 minutes

CALIFORNIA, USA, Dec 4, 2020 - (ACN Newswire) - TheAPIS, an open source, decentralized API platform, has announced a $3 million strategic investment from BTX Capital, a leading crypto investment bank. With their new partnership, they aim for a new era in which developers receive a share in the profits made by companies that benefited from the economies of scale and network effects they made possible.TheAPIS is a developer-built platform that manages communications between DApps and blockchains via only a few simple APl calls, reducing the inherent complexity of blockchain protocols. The goal of their APISCore product is to manage these intricacies, to eliminate the entry barrier to dApp creation by connecting APIS to their conventional backend or even the No-Code/Low-Code app builder. The APIS empowers connectivity to multiple blockchains with the same API calls, rendering chain-agnostic implementations, with cost-free chain-switching. With cross-chain interoperability supported by APIS-Unified, projects have the capability to scale their products across various blockchains in a decentralized manner."We are excited to continue our synergistic relationship with BTX and are grateful ...