OpenANX Starts Token Sale

Decentralized Cryptocurrency Exchange is looking for an investitions
22 June 2017   1911

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Since the MtGox's collapse, centralized exchanges were a point of failure in the cryptocurrency ecosystem. Assailable to hackers, cyber attacks, government coercion or plain fraud. Now a new project is seeking crowdfunding via open token sale, transparent and decentralized trading venue technology.

OpenANX from Hong Kong is decentralized exchanges solution created on the Ethereum blockchain. OAX token sale launches today, June 22, 2017.

ANX International and industry veteran advisers are coordinating the launch of OAX. ANX International is a fintech company founded in 2013 with specialization in blockchain technology; it supports ANXPRO, one of the longest running bitcoin trading platform in Asia.

ANX firmly believes decentralized exchanges will dominate the cryptocurrency market. We plan to lead the march toward this future through openANX, which will be fully open sourced, transparently governed, and kickstarted by ANX’s technology, experience in operating an exchange, infrastructure, and wide network of users. 

Hugh Madden
Director of Technology, openANX

OpenANX presented key technical aspects that address these problems, including transparent collateral ratings for asset gateways, credit risk markets, the use of smart contracts for memberships, collateral management and dispute resolution, Know-Your-Customer (KYC), and settlement for asset exchange, both for over-the-counter (OTC) and order book-based transfers.

Facebook to Launch GlobalCoin in 2020, BCC Says

Facebook consults with representatives of the US Treasury Department and Bank of England  about regulating the initiative named Libra
24 May 2019   43

Operator of the world's largest social network Facebook Inc. will launch a new payment network based on its own cryptocurrency in the “dozen countries” in the first quarter of 2020, the BBC reports.

The publication claims that Facebook consults with representatives of the US Treasury Department and Bank of England Governor Mark Carney about regulating the initiative, code-named Libra.

At the same time, the Financial Times reported that Facebook is already in talks about listing GlobalCoin on the American exchanges Gemini and Coinbase. 

Sources of the publication said that Facebook is discussing with the trading firms Jump and DRW the prospects of market-making and liquidity.

Previously, the media claimed that the company is also in talks to support the initiative with Western Union, Visa and Mastercard.

Testing the network is supposedly scheduled for the third quarter of this year.

On May 2, Facebook registered Libra Networks in Geneva, Switzerland. Its profile involves the development of infrastructure and software, in particular, related to investment activities, payment transactions, financing, identity management, data analysis, Big Data, blockchain and other technologies.