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China’s Ministry of Industry and Information Technology

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    China’s Ministry of Industry and Information Technology

    By blocnation | Uncategorized | 6 June, 2018 | 0

    China’s Ministry of Industry and Information Technology ranks Blocnation partner Komodo blockchain platform in the Top 5

    The future of digital payment processing has yet again gone to another level with Blocnation’s technology partner, Komodo, rated in the top 5 by China’s Ministry of Industry & Information Technology as being “one of the industry’s most innovative and technology focused blockchain projects”, all this is despite China having banned ICOs and crypto trading in September 2017.

    Blocnation, as Komodo’s premier partner, with the full support of an extensive and well-resourced technical team, will have access to every future Komodo Platform innovation and will automatically integrate them into the Blocnation blockchain. Thus, empowering Blocnation with a level of innovation and cutting-edge technology that is highly sought after by many “would be if they could be” projects looking to build decentralised exchanges. Komodo’s technology has long been world-class with the first atomic swaps between ERC20 tokens and BTC coins and first to pass 100K atomic swaps.

    The innovative partnership between Blocnation and Komodo provides a number of benefits for users including complete anonymity for purchasers, robust security protocols resistant to vulnerabilities faced by other platforms and multi-coin storage in its cryptocurrency lifestyle payment app. Blocnation uses the latest in decentralised technology to conduct our crowdsale which allows participants to contribute from the DApp designed by the Komodo team which uses the latest in decentralised technology called atomic swap. The platform supports both atomic and etomic swaps allowing seamless trades between coins that are based on both the Bitcoin protocol and tokens based on the Ethereum protocol.

    Both the Blocnation and Komodo teams are committed to creating a new standard in digital payments and this is the first of many steps toward towards total financial inclusion. For the millions attending and organizing events and those unserved by traditional finance systems, the future is looking bright.

    Useful Links

    Who are the MIIT

    https://en.wikipedia.org/wiki/Ministry_of_Industry_and_Information_Technology

    How To Activate BNTN Wallet

    https://blocnation.io/how-to-activate-bntn-wallet/

    Blocnation dICO DApp Tutorial

    https://www.youtube.com/watch?time_continue=2&v=B_Qdgbw2VCo

    Blocnation dICO DApp Instructions

    https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/237863005/Blocnation+dICO+dApp+Instructions

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    Recent Posts

    • First event partner!
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    • What Issues Does Cryptocurrency Seek To Solve?
    • BlocNation Enables Cryptocurrency Transactions For Non-Bankers
    • How To Activate BNTN Wallet

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