Project named Huobi Finance Chain is to help companies and financial entities implement modern technologies based on block chains.
Huobi Group has partnered with Nervos Network to create new technology-based solutions blockchain, and regarding decentralized financial services (DeFi).
Huobi Finance Chain - new prospects for companies and financial institutions
A project in which she got involved Nervos Network is a solution based primarily on blockchain technology, dedicated to financial institutions, stock exchanges and companies, opening completely new possibilities for them.
Those entities that for various reasons have not yet decided to issue their own tokens, thanks Huobi Finance Chain they will have the perfect opportunity to do so.
The entire project is scheduled to start as early as 2020.
Nervos Network will provide technology for the new platform, and its implementation will take place in cooperation with Huobi. The cooperation of both companies is primarily focused on the dissemination of decentralized financial services. These think the board Huobi, are still at an early stage of development, but there are many indications that the demand for them will gradually increase.
Decentralized financial services can dominate the market
A joint initiative with Nervos Network is also expected to contribute to increasing the transparency and efficiency of financial services. The new platform will support decentralized identifiers (DID)and enter identification protocols.
These measures will help prevent such activities as money laundering, while ensuring compliance with applicable laws.
As the representatives of Nervos Network emphasize, the joint project will help modernize the financial services sector increasingly turning to digital technologies, while orienting them towards decentralized solutions.
Nervos Network and Houbi Group
Nervos Network is a modern network providing solutions based on blockchain. This project seems to be highly promising, especially considering the millions of investments made by various financial institutions in this system, including China Merchant Bank.
Houbi Group However, it is one of the leading providers of blockchain services, operating on an international scale. The company has several years of experience in trading kryptowalutami, which allowed her to better understand the principles of block chain operations, and thus gained the reputation of a cryptocurrency sector leader.