Stellar to Launch Exchange and to Add LN Support

Stellar published a roadmap on January 26 highlighting two main goals for 2018
26 January 2018   805

Stellar published a 2018 roadmap on Thursday, stating that the company has two main goals: to build a front-end for Stellar’s inherent decentralized exchange called SDEX and integrate Lightning Network in 2018.

According to the announcement, at the end of 2017 Stellar recruited a veteran team, with a substantial track record of product and marketing success, to build a front-end for Stellar’s inherent decentralized exchange called SDEX.

SDEX will be the world-class front-end that our underlying technology has long deserved. It will enable on-chain, protocol-level trades for any Stellar token, and we will create liquidity to minimize spreads and maximize choice of assets.


Stellar statement

These are the main features of SDEX, according to the company:

  • day one trading for any Stellar ICO token;
  • atomic pathfinding to discover the cheapest rates between any two assets;
  • very low trading fees;
  • end-user control of secret keys.

The company will reveal further details on SDEX’s specific roadmap, brand, and leadership in the near future.

Stellar has also collaborated with Stellar advisor and Bitcoin Core developer Jeremy Rubin to optimize implementation of Lightning Network, which is expected to be implemented in 2018. Lightning will have a huge positive effect on Stellar’s long-term scalability and security, the company said.

Recently, we have reported that Stellar Lumens partnered with Pundi X to work for the settlement in Indonesian local currency (IDR) in the future.

Stellar to collaborate with Veridium, Environmental Firm

Environmental blockchain company Veridium Labs Ltd announced about the partnership with Stellar and plans to simplify the whole carbon footprint process
28 June 2018   196

Veridium created the world’s first environmental social impact token and is developing disruptive sustainability solutions for the Fortune 500 companies. Last month, the firm declared about its partnership with IBM, which planned to make the process of offsetting companies’ footprints easier.   

It was also approved by the source that Stellar’s distributed, open-source, and hybrid blockchain will let Veridium to “accurately track carbon credits in real time to mitigate the environmental impact of the goods and services being transacted”.

We are very excited about the momentum Veridium has had since our announced partnership with IBM. Our new collaboration with Stellar and the addition of our advisory board members are important steps in making a decentralized carbon credit industry a reality so we can truly bring about global environmental change.
Todd Lemons,
Chairman, Veridium

It is as well believed that once Veridium begins running on Stellar and IBM Hyperledger Fabric blockchains, the firm will be able to evaluate the whole carbon footprint process. It will measure and compensate footprints by converting carbon credits into tokenized assets that hence can be displayed and integrated into corporate accounting systems more easily. The total process of tokenization of assets is supposing to raise trust and integrity in the flow of information among trading partners and network users.