Tag: ONEROOT

ONEROOT and BXA Announce Global Blockchain Payment Solution

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Hosted at ONEROOT’s office in Shanghai, the BXA (Blockchain Exchange Alliance) Press Conference was destined to delight after the partnership announcement that the two companies recently made. The announcement saw BXA become the majority shareholder of ONEROOT and ONEROOT gain shares in BXA to form a solid partnership that will provide a solid base for the two companies infrastructure development plans. advertisement BXA is already valued at billions of dollars since it is the controlling shareholder of Bithumb – the largest decentralized exchange in South Korea. The company’s investment has…

Bithumb Teams With ONEROOT To Build Decentralized Exchange via R1 Protocol

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South Korean cryptocurrency exchange Bithumb has teamed up with ONEROOT, a blockchain project, to build distributed decentralized exchange. Under ONEROOT’s “Rocket Plan”, which was launched in early September, both companies formally signed a cooperation agreement for Bithumb to access the R1 protocol, developed by ONEROOT. The decentralized transaction protocol based on Ethereum would help Bithumb to build it’s own decentralized trading platform. R1 protocol separates order matching and order execution, far more efficient than other decentralized transaction protocols. With the unique structure of R1 protocol, Bithumb and all future R1-based…