OKEx Developing a Proprietary Blockchain, to Launch a DEX | Finance Magnates
- Arnab Shome | News ( CryptoCurrency ) | Tuesday, 26/03/2019 | 09:15 GMT+1 2019-03-26 08:15:12
Hong Kong-based crypto exchange OKEx has announced that it is working on the development of its own blockchain and a decentralized exchange.
- Dubbed as OKChain, the native blockchain of the exchange will work as the backbone of the upcoming decentralized exchange.
- Moreover, the Hong Kong-based exchange has decided to migrate its native utility-token OKB on ERC-20 blockchain by the end of April and will again move the token to its native blockchain, once it is stable.
- The cryptocurrency exchange will also make OKB token as the native token of the new blockchain .
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