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BoHr (BR) Is Now Available for Trading on LBank Exchange
Internet City, Dubai–(Newsfile Corp. – November 25, 2021) – LBank Exchange, a global digital asset trading platform, has listed BoHr (BR) token on November 22, 2021. For all users of LBank Exchange, the BR/USDT trading pair is now officially available for trading.
Figure 1: BoHr (BR) is now available for trading on LBank Exchange
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/105029_8945b65c642499a5_002full.jpg
A project called BoHr (BR) is here to build the world’s first high-performance development public blockchain network. BR token has been listed on LBank Exchange at 16:00 (UTC+8) on November 22, 2021.
Introducing BoHr
BoHr is a decentralized blockchain system which helps trade and develop through powerful blockchain applications. It’s the underlying application platform which promotes the development of blockchain technology. BoHr directly solves the bottleneck of large-scale implementation of blockchain industry, breaks technical barriers with fast smart contracts, and dredges market interaction with multi-dimensional ecological structure. It also modifies the DeFi ecology of the whole field as the starting point, alleviates the bottleneck stage faced by the public chain market, and empowers the decentralized management ecology.
Aiming at the common problems of transaction congestion, high transaction cost and long transaction confirmation time in the existing blockchain, BoHr aims to build the world’s first high-performance development public blockchain network with the goal of “extremely light, extremely fast, extremely interesting and extremely wide”, and supports massive concurrent transactions and faster transaction confirmation.
BoHr has an innovative double-layer consensus mechanism and cosh consensus algorithm. By using the algorithm, a number of super nodes are selected periodically to give them the notarization right of data units, and they will send out effective notarization units to obtain block rewards. BoHr focuses on building a simple and easy-to-use decentralized digital token underlying blockchain, using declarative expressions to enhance expression ability. Users can create and issue digital pass freely without writing complex smart contract code.
BoHr also has an extensible wallet, which provides security and rich application interfaces for digital token, blockchain games and social networks.
About BR Token
In BoHr network, BR token can be used as a GAS for transferring fees and generating smart contracts. Any developer who creates an application based on BoHr network must use BR as fuel. BR token has a mining mechanism called cosh (consensus of hash stake), users and investors can use mining machines to mine, obtain the platform’s exclusive digital encryption token. It’s initial mining amount is zero, as for block rewards, 85% is allocated to voting awards, which are calculated according to cosh algorithm, 10% is allocated to the agent node to maintain the normal operation of the block, the rest 5% is allocated to new users as incentive and promotion incentives for new users.
The total issue of BR is 835 million, the token distribution started at 16:00 AM GMT on Jan 1, 2021, and will end at 16:00 AM GMT on May 1, 2029. The BR token has been listed on LBank Exchange at 16:00 (UTC+8) on November 22, 2021, investors who are interested in BoHr investment can easily buy and sell BR token on LBank Exchange right now.
Learn More about BR Token:
Official Website: https://bohrweb.org
Twitter: https://twitter.com/BOHRweb
Telegram: https://t.me/bohr6
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4409897743385-BR-BOHR-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105029
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Lydia, a prominent French fintech company known for its innovative financial solutions, has taken a significant leap forward with the launch of its new digital banking app, Sumeria. This development marks a strategic expansion for Lydia as it continues to redefine the financial landscape in Europe and beyond.
About Lydia
Since its inception, Lydia has been at the forefront of fintech innovation in France, providing users with seamless and user-friendly payment solutions. The company has built a strong reputation for its mobile payment app, which allows users to send and receive money, pay for goods and services, and manage their finances with ease. With millions of users and a robust platform, Lydia is well-positioned to venture into the digital banking space.
Introducing Sumeria
Sumeria is Lydia’s latest offering, designed to cater to the growing demand for comprehensive digital banking solutions. The app aims to provide users with a full suite of banking services, all accessible from their smartphones. Key features of Sumeria include:
- Personal and Business Accounts: Sumeria offers both personal and business accounts, enabling users to manage their finances efficiently. The app supports a range of functionalities tailored to meet the needs of individual users and small to medium-sized enterprises (SMEs).
- Intuitive Interface: True to Lydia’s commitment to user experience, Sumeria boasts an intuitive and easy-to-navigate interface. Users can quickly access account information, transaction history, and various banking services with just a few taps.
- Comprehensive Financial Tools: Sumeria provides a range of financial tools designed to help users better manage their money. Features such as budgeting, expense tracking, and personalized financial insights empower users to make informed financial decisions.
- Security and Privacy: Lydia places a high priority on security, and Sumeria is no exception. The app incorporates advanced security measures, including biometric authentication and end-to-end encryption, to ensure that users’ financial data is protected.
- Integrated Payments: Leveraging Lydia’s expertise in payments, Sumeria integrates seamless payment solutions, allowing users to send and receive money instantly, pay bills, and make purchases directly from the app.
Strategic Implications
The launch of Sumeria represents a strategic move for Lydia, positioning the company as a formidable player in the digital banking arena. By expanding its product offering, Lydia aims to capture a larger share of the market and meet the evolving needs of its users. This initiative also reflects a broader trend in the fintech industry, where traditional payment service providers are evolving into comprehensive financial service platforms.
Market Impact
Sumeria’s entry into the market is poised to have a significant impact. With its user-centric design and robust feature set, the app is likely to attract a diverse user base, from tech-savvy millennials to SMEs seeking efficient banking solutions. Moreover, Sumeria’s integration with Lydia’s existing payment infrastructure provides a seamless transition for current Lydia users, further boosting its adoption.
Future Prospects
Looking ahead, Lydia plans to continually enhance Sumeria by adding new features and expanding its services. The company’s focus on innovation and customer satisfaction will be key drivers of Sumeria’s growth. Additionally, Lydia’s potential to scale Sumeria across other European markets presents a substantial opportunity for further expansion.
Source: fintechfutures.com
The post French fintech Lydia launches digital banking app Sumeria appeared first on HIPTHER Alerts.
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