BitBay Mobile Wallet App to be Released

The Mobile version of Bitbay Wallet App will be released on February 14, 2018, including multisignature account capabilities and advanced timelock payment options
14 February 2018   5744

BitBay is a decentralized marketplace, which aims to enable users to buy and sell goods and services securely and anonymously, without the need for middlemen.

According to the roadmap of BitBay, the Mobile version of its Wallet application will be released on February 14, 2018. It is worth reminding that the simplified web wallet of Bitbay was released on November 27, 2017.

BitBay Roadmap fragmentBitBay Roadmap Fragment

Initially, the mobile app was scheduled to be released in Q1 of 2018, becoming the first mobile app wallet in the industry with multisignature account capabilities and advanced timelock payment options.

Once the mobile app and bitmessage server are released, BitBay will begin the development of a web based mobile marketplace, making it a simplified version of BitBay's Client’s marketplace.

At the moment of press, these are main market parameters of BitBay:

Average price: $0,073853
Market cap: $74 576 252
24h volume: $555 339

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   108

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.