• Latest
Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey

Huobi’s ‘Regulator-Friendly’ Blockchain Goes Open Source

November 14, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Huobi’s ‘Regulator-Friendly’ Blockchain Goes Open Source

coinnewsdaily by coinnewsdaily
November 14, 2019
in Business
0
Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

Huobi Chain, the regulator-facing public blockchain of exchange Huobi Group, is now open source and publicly available to all developers on GitHub, the firm said Tuesday.

Nervos, a blockchain development startup, is providing part of the technical infrastructure for the project.

The firms are developing pluggable components for the network that could enable regulators to supervise contract deployments, asset holdings and transfers, as well as the enforcement of anti money laundering regulations, Bo Wang, a Nervos researcher, told CoinDesk.

The components will also allow financial institutions, such as banks and regulatory agencies, to freeze assets and accounts in case of emergencies via sidechains, according to Wang.

“Supervision nodes will enable regulators to independently run and maintain nodes, extract data, and participate in the ecosystem’s supervision,” he said, noting Huobi Chain will also provide tools for pre-deployment audits and continuous tracking.

Huobi Chain unveiled the public blockchain in July in partnership with blockchain startup Nervos. It can be used for financial services and applications, including lending, debit services, stablecoins, security token offerings, exchanges and payment services, the company said.

The firm has touted the network as the first financial public chain to support nodes that let regulators contribute to the network as validators.

Huobi Group founder and CEO Leon Li said in today’s announcement:

“If major banks and financial institutions are to fully embrace and adopt permissionless blockchain technology, we need to create a safe and secure environment that makes it easier for them to transition their products and services to the blockchain.”

Nervos is also working with financial giant China Merchants Bank to develop its decentralized finance applications. The blockchain firm completed its $72 million token sale last week, and will launch its Lina mainnet on Nov. 16.

Huobi image via CoinDesk archives

Credit: Source link

Tags: BusinessCryptoCrypto Business
Share76Tweet48
Previous Post

Tunisia’s Central Bank Denies Reports Claiming It Issued an E-Dinar

Next Post

UPS Ships Beef to Japan, Tracked and Monitored Using Blockchain Tech

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
UPS Ships Beef to Japan, Tracked and Monitored Using Blockchain Tech

UPS Ships Beef to Japan, Tracked and Monitored Using Blockchain Tech

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,478.00-1.42%
  • ethereumEthereum(ETH)$1,638.20-1.59%
  • tetherTether(USDT)$1.00-0.16%
  • binancecoinBNB(BNB)$322.81-1.82%
  • rippleXRP(XRP)$0.411427-0.60%
  • cardanoCardano(ADA)$0.399166-0.74%
  • dogecoinDogecoin(DOGE)$0.091518-2.17%
  • matic-networkPolygon(MATIC)$1.18-3.21%
  • okbOKB(OKB)$39.46-1.65%
  • solanaSolana(SOL)$24.29-2.38%
  • polkadotPolkadot(DOT)$6.672.86%
  • shiba-inuShiba Inu(SHIB)$0.0000122.54%
  • litecoinLitecoin(LTC)$98.12-2.19%
  • tronTRON(TRX)$0.0644161.36%
  • daiDai(DAI)$1.00-0.13%
  • cosmosCosmos Hub(ATOM)$14.60-1.09%
  • chainlinkChainlink(LINK)$7.09-2.24%
  • ethereum-classicEthereum Classic(ETC)$23.162.93%
  • moneroMonero(XMR)$172.38-3.59%
  • leo-tokenLEO Token(LEO)$3.35-0.37%
  • bitcoin-cashBitcoin Cash(BCH)$137.37-0.76%
  • stellarStellar(XLM)$0.092137-0.89%
  • filecoinFilecoin(FIL)$5.46-3.42%
  • crypto-com-chainCronos(CRO)$0.080507-0.85%
  • algorandAlgorand(ALGO)$0.253308-0.92%
  • vechainVeChain(VET)$0.024431-1.28%
  • internet-computerInternet Computer(ICP)$5.74-3.71%
  • aaveAave(AAVE)$88.07-3.40%
  • eosEOS(EOS)$1.080.23%
  • elrond-erd-2MultiversX(EGLD)$44.721.33%
  • theta-tokenTheta Network(THETA)$1.08-0.33%
  • tezosTezos(XTZ)$1.110.11%
  • huobi-tokenHuobi(HT)$5.8611.49%
  • paxos-standardPax Dollar(USDP)$1.000.66%
  • bitcoin-cash-svBitcoin SV(BSV)$42.84-1.90%
  • havvenSynthetix Network(SNX)$2.48-6.41%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.11-3.46%
  • dashDash(DASH)$61.29-1.84%
  • iotaIOTA(MIOTA)$0.232745-0.40%
  • neoNEO(NEO)$8.802.71%
  • makerMaker(MKR)$669.28-1.86%
  • zcashZcash(ZEC)$45.87-3.42%
  • zilliqaZilliqa(ZIL)$0.0286370.02%
  • basic-attention-tokenBasic Attention(BAT)$0.267465-1.62%
  • compound-governance-tokenCompound(COMP)$53.03-5.23%
  • nemNEM(XEM)$0.0399250.92%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$37.061.27%
  • bitcoin-goldBitcoin Gold(BTG)$17.08-1.69%
  • sushiSushi(SUSHI)$1.496.77%
  • qtumQtum(QTUM)$2.73-1.56%
  • wavesWaves(WAVES)$2.58-1.50%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • golemGolem(GLM)$0.2524592.52%
  • yearn-financeyearn.finance(YFI)$7,627.33-0.49%
  • omisegoOMG Network(OMG)$1.511.62%
  • ontologyOntology(ONT)$0.214997-0.56%
  • digibyteDigiByte(DGB)$0.010824-3.27%
  • umaUMA(UMA)$2.09-0.89%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%