Global cryptocurrency platform Liquid.com will be listing Metacoin, the first Hyperledger-based token worldwide, for secondary trading.
Metacoin is a project that concentrates on expanding the blockchain ecosystem by solving fundamental difficulties that traditional cryptocurrency has still to overcome such as security and scalability. Released as a mainnet platform in the year 2018 as the first commercialized mainnet based on the Linux Foundation’s Hyperledger Fabric, Metacoin presently boasts several key projects such as:
- Issue token (https://issuetoken.io/) a service where businesses can create their own token
- A wallet service (https://wallet.metacoin.network/)
- A block explorer (https://metascan.io/)
Several important Dapps are currently being developed on the Metacoin platform such as:
- Play bits (https://playbits.io/), a powerful blockchain gaming platform,
- Coldbank (https://www.coldbank.io/), a custodian service that aims to provide a high level of security on IBM’s LinuxONE
- Autosdaq (https://autosdaq.com/) an exchange that seeks to create an ecosystem where mobility-related products and services can be used with cryptocurrency
V.P. of INBLOCK, Jay Baek said, “We are excited about the listing of Metacoin on Liquid. As among the largest, most secure and reputable exchanges worldwide, Liquid will offer best-in-class security to anyone looking to trade and hold MTC. More importantly, being listed on a major exchange is aligned with our mission of creating new value through collaborations with other companies and business support.”
The objective of Metacoin is to solve two fundamental issues in blockchain technology scalability and security by implementing its node into LinuxONE. By doing so, Metacoin will be able to further secure and protect user’s data and also handle millions of transactions per second in a safe and secure manner.
Mike Kayamori, CEO and co-founder of Liquid said that “We are delighted to be the first global cryptocurrency exchange to add Metacoin to our offering of digital assets on Liquid, and also be the first exchange to be able to support projects developed on Hyperledger. The ability to support Hyperledger-based projects is certainly an important step towards our mission of providing liquidity to the crypto economy.”
Hyperledger is an open-source collaborative effort built to advance cross-industry blockchain technologies. Hosted by the Linux Foundation, it is a worldwide collaboration that incorporates leaders in finance, the Internet of Things, banking, supply chains, manufacturing and Technology. Hyperledger Fabric presently supports distributed ledger solutions for a wide range of industries and maximizes the resilience, confidentiality, and flexibility of blockchain solutions through its modular architecture.
To celebrate the listing of Metacoin on Liquid, the Liquid and Metacoin teams have decided to give a 1% bonus for any individual who deposits over 1,000 MTC and a 3% bonus for anyone who deposits over 30,000 MTC on Liquid. Metacoin and Liquid will also host a Competition of Trading that rewards 1,000 MTC to the top 100 users in trading volume at the end of the campaign.
