SINGAPORE, Aug. 29, 2018 /PRNewswire/ — Ethos.io, a number one cryptocurrency companies supplier, is happy to unveil its institutional blockchain options platform Ethos Bedrock.
Ethos Bedrock is a complicated, high-performance Blockchain Monetary Companies (BFS) platform. Bedrock was constructed with the imaginative and prescient of constructing blockchain and cryptographic protocols as straightforward and accessible as web protocols. Utilizing Bedrock, establishments can safely and securely leverage battle-tested, state-of-the-art digital asset expertise and lay the groundwork for crypto monetary companies resembling custody, liquidity, brokerage and lending.
Ethos’s flagship product, the Common Pockets, runs fully on Bedrock APIs and is Bedrock’s first reference utility. In different phrases, Bedrock just isn’t a theoretical infrastructure; it’s up and operating at the moment supporting over 90,000 customers worldwide and has carried out over 400,000 transactions seamlessly connecting with quite a lot of blockchain networks.
“Practically each fintech agency views blockchain as the following paradigm shift for digital finance, however the big range of blockchain and crypto protocols and frameworks have lengthy been advanced and inaccessible – till at the moment,” says Ethos founder and CEO Shingo Lavine. “Bedrock gives the infrastructure for a complete new wave of revolutionary blockchain-based services that may energy the digital economic system of the long run.”
Bedrock contains constructions that allow establishments to create their very own crypto wallets, liquidity and custody companies, in addition to customized options for blockchain integration, alerts, identification and transaction monitoring.
Bedrock makes use of open peer-reviewed requirements resembling BIP32, BIP39 and BIP44. These requirements allow establishments or their prospects to safe-keep a whole bunch of digital property via Ethos’ SmartKey expertise. Bedrock additionally contains an abstraction layer that gives help for a number of blockchains and customized digital property.
Bedrock is powered by the ETHOS token which is designed to offer utility and entry all through the Ethos ecosystem. Bedrock enterprise companions could make the most of and stake the Ethos token to unlock entry to the system, pay for the charges and obtain reductions. A fuel mechanism protects the community from useful resource grasping, malicious or inefficient purposes and gives lowered charges, making a win-win ecosystem that operates effectively and cost-effectively whereas delivering advantages to each companies and shoppers.
Bedrock will be licensed beneath three way partnership or customized engineering contracts and is designed to be custom-made for industrial-grade scalable and safe monetary purposes. To contact the Ethos Bedrock BD staff, e-mail firstname.lastname@example.org or fill out the Bedrock accomplice contact kind on https://www.ethos.io/bedrock.
About Ethos.io PTE LTD
Ethos is a number one cryptocurrency companies supplier that’s constructing a bridge between the blockchain and current monetary establishments and programs. The Ethos Common Pockets permits anyone to securely safe-keep their very own crypto property simply, safely and without cost. The Common Pockets is decentralized, with shoppers creating and proudly owning their very own personal SmartKeys that safe private digital vaults. The Common Pockets is constructed on Bedrock, a basis platform that abstracts and makes blockchains extra accessible, safe and compliant for each individuals and monetary establishments. Ethos has constructed a blockchain dream staff of monetary and expertise executives with expertise at firms like Blackrock, Citrix, Deloitte, Freddie Mac, Merrill Lynch, State Avenue and UBS. Ethos is headquartered in Singapore with a world presence and group throughout Telegram and Twitter.
SOURCE Ethos.io PTE LTD