Bancor (BNT) Launches Cross-Blockchain Liquidity Network For Ethereum, EOS Assets

Bancor (BNT) has announced that its BancorX network – supporting instant conversion of 110+ ERC20 and EOS-based tokens – has gone live. A section of the announcement published on the company’s blog read, “As BancorX goes live and the first BNTs flow from ETH to EOS and back again, Bancor will aim to remove friction, unify the user experience and ensure the system’s continued decentralization and utility.” Bancor X mechanism The platform eliminates the hassle of having to use a third party exchange platform that would rely on traditional order-matching…