TrustED, an Australian based academic credential verification start-up is teaming up with Binance, the world’s largest cryptocurrency exchange and developer of proprietary Blockchain Binance Chain to launch TrustED on Binance Chain.
Binance recently launched the main net for Binance Chain, an independent Blockchain based on Tendermint’s consensus algorithm. By launching its own chain, the exchange now allows non-custodial trading and also token launches on its so-called decentralized platform.
Founded in 2017, TrustED, offers educators the technology and training in order for them to store, issue, and verify academic credentials such as diplomas and certificates through Blockchain technology. The company plans to conduct its public token offering on the binance chain the native Binance Chain BEP2 Token standard. TrustED will be among the very first tokens to be launched on Binance Chain.
Kosta Batzavalis, TrustED CEO said:
“Being one the first projects on Binance Chain is not only an honor but also a massive stepping stone for the TrustED project.With Binance technology behind us, TrustED can deliver on SLAs and security requirements necessary to make a blockchain-based academic solution enterprise-grade.”
According to Ted Lin, Chief Growth Officer at Binance said:
“Binance Chain and the introduction of the Binance DEX enables thousands of crypto tokens and companies to utilize the technology in an efficient and effective manner. We’re excited to have TrustED be one of the first startups to utilize Binance Chain and look forward to the growth that is to come in further bringing cryptocurrency mainstream.”
Disclaimer: The above article is for informational purposes only. The information does not constitute investment advice or an offer to invest.
The exchange was also recently hacked for 7000 Bitcoins (BTC), Read More:
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