Breaking News
Adel coin Planned for Trading on the Ethereum Blockchain
Adel has announced plans to transfer its digital coin from the Nxt platform (www.nxt.org) to Ethereum. The principle motivation behind the transfer is to enable the new Adel Ethereum coin to trade on a wider range of exchanges, increasing trading volume, and continue to raise the profile of Adel as a Blockchain agnostic incubator.
Existing Adel coins held in NXT wallets will still be used as transactional currency until they are swapped 1:1 to ERC20 compliant coins traded on the Ethereum blockchain. Adel will continue to use the robust and innovative technology of Nxt for many functions, such as the planned profit participation token Adelshares (ADS). This token will be created on Jelurida’s Ardor platform as a child-chain asset.
Gabriel Dusil, Co-Founder of Adel: “We are very excited by the potential opportunities Ethereum offers Adel, particularly in broadening our reach to a much wider crypto community. We remain Blockchain agnostic and will continue to use the Nxt platform for many functions. However operating on the Ethereum platform will by definition, increase our exposure to new stakeholders who will potentially join as members to the Adel community. “
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How Many MoneyLive Events Have You Done?
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EXCLUSIVE: “Irish Eyes on London” – Enterprise Ireland in ‘The Paytech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
AutoRek & Microsoft: Why Strategic Partnerships Matter in Finance
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Cathay Pacific Expands Global Partnership with Adyen
Adyen announced the expansion of its longstanding partnership with Cathay Pacific with Adyen now providing direct acquiring services for the airline
MAS Partners Industry to Develop AI Risk Management Toolkit for the Financial Sector
MAS announced the successful conclusion of phase two of Project MindForge[1], which culminates in the publication of an AI Risk Management Toolkit for the financial services sector
Novidea Releases Updated Version of Its Insurance Management Platform with Significant Enhancements Across Policy Administration, Bordereaux, Claims and Accounting
Novidea announced its latest product release which will enable users to reduce manual rework, improve data integrity, and accelerate high-volume processing