trade.io partners with Bancor Protocol to provide continuous liquidity to Token holders
Source: PRNewswire for trade.io , Author: Posted by BI-ME staff
Posted: Wed January 3, 2018 3:54 pm

SWITZERLAND. -- /PRNewswire/Asianet-Pakistan -- trade.io, a next generation blockchain based financial exchange, continues to add to its impressive list of partnerships by announcing plans to integrate Bancor Protocol, a standard for autonomously convertible blockchain cryptocurrencies called Smart Tokens.

The integration allows the trade.io ERC20 token known as Trade Token or "TIO", to be converted to and from Ethereum ERC20 tokens in the Bancor Network directly from a simple web application. The creation of a Bancor-compliant Token Relay will take place shortly after the conclusion of trade.io's token sale and will allocate 2% - 5% of total market cap. You can join the trade.io community here.

On the relationship, trade.io's CEO, Jim Preissler commented, "We continue to deliver to the trade.io community unique value added propositions, and see this relationship with Bancor as a further example. We already have generated a large demand for our community and it's only logical to provide a simple way to convert tokens."

trade.io is currently in the midst of its token generation event and has received nearly $20 million in contributions from over 10,000 participants. Earlier this year the Bancor Protocol attracted $153 million in contributions, making it one of the most successful token generation event launches to date.

Visit https://trade.io/bancor for further information and to read the trade.io White Paper.

Photo Captions:
1. (above)  trade.io logo
2. (inset)    For illustrative purposes only - (File photo)

About trade.io:
trade.io democratizes the financial markets and saves money for investors and companies through reducing and eliminating fees and inefficiencies by utilizing its innovative Blockchain trading platform. Disrupting a whole ecosystem of banks, advisors, markets, and record keepers which are extracting fees and can be disintermediated and commoditised by more efficient peer-to-peer Blockchain platforms. The trade.io exchange not only supports trading of assets, but supports a more efficient listing of assets in the crypto economy under the indelible and trusted history that Blockchain provides. The company couples these operational assets with investment banking experience, senior advisory expertise, as well as operating their system in a regulated and compliant environment.

About Bancor:
Bancor Protocol™ is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token "Connector" method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. For more information, visit the website and read the Bancor Protocol™ White paper.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 15, 2018
UAE. The attack, called "Thermanator", could use your body heat against you in order to steal your credentials or any other short string of text that you have typed on a computer keyboard.
date:Posted: July 15, 2018
INTERNATIONAL. AI is bigger than any one company, industry or country can address on its own. It will take the whole of our technology ecosystem and the world's governments to realize the full promise of AI; Priorities should include education and research.
date:Posted: July 14, 2018
UAE. When trade-off decisions have to be made, better visibility should be the number one priority, not greater control. It is better to be able to see everything in the cloud, than to attempt to control an incomplete portion of it.
dhgate