Bittrex cryptocurrency exchange has on the 21st of Nov. announced the addition of two new tokens to its platform. The tokens are IOST and XNK and they are readily available to users based in Europe and the United States respectively. However, trading would commence in earnest on internationalbittrex.com.
XNK is designed for a decentralized marketplace and will be made available on Bittrex International. Bittrex International is a “European based” global company that owns and manages a number of innovative blockchain technology. Additionally, it is a technology-focused business and it operates from outside the United States of America.
Bittrex International will be a company to be reckoned with in the blockchain revolution. Bittrex International also owns and controls Bittrex Malta Ltd. This is a secure, reliable and advanced digital asset platform operating in Malta Company. In announcing the listing of XNK, Bittrex wrote:
Ink Protocol or XNK is the transaction currency of the Listia marketplace. It has over 10 million users that sells everything from clothing items to collectibles. The currency removes uncertainty for the buyers and also provides escrow-based payment services over a decentralized network.
Moreover, Ink Protocol can fit into almost any marketplace. However, it doesn’t necessarily need this structure to survive. Moreover, you can use it to enable peer-to-peer transactions. Using XNK, you can securely buy and sell anywhere with decentralized reputation and escrow.
Second Bittrex IOST Update
IOST is a company interested in building an ultra-high Telephone Preference Service (TPS) blockchain infrastructure to meet the security and scalability needs of a decentralized economy. It is led by a team of seasoned founders and backed up by world-class investors. The mission of IOST is to be the underlying architecture for the future of online services.
IOST main aim is to fundamentally disrupt previous outdated methods of business by creating a self-operated, trusted network that maximizes network value for all parties. They challenge traditional systems and aim to create a model that cannot be tampered with. The model is prejudice free and without any skew to favor the few at the expense of the masses.
IOST pays attention to the quintessential values of blockchain technology. They believe in the originality of a censorship-resistant and trustless network that is accessible to all. They use blockchain technology to eliminate middlemen and increase m network value for everyone involved.
Thereafter, it believes they are building a truth machine and protecting one universally accepted version of history. Their fundamental network mechanisms ensure there is no capitulation towards centralized control.