MediShares teamed up with LendChain to build a financial platform on the chain
In Singapore, on July 13, 2018, the LendChain Digital Asset Financial Services Platform and MediShares Wheat Wallet teamed up to form a deep strategic partnership to explore the future of a new financial ecosystem based on digital assets.
If the financial ecosystem based on legal currency is called traditional finance, then the financial ecosystem built on top of digital currency can be called new finance. In traditional finance, there are different financial intermediaries such as banks, brokers, insurance companies and funds to provide financing, investment, insurance and other services for all participants.
However, in the new finance, there is currently only a single intermediary for the exchange to provide a limited tool for trading. Therefore, the digital currency field requires a financial service platform to provide financing, investment, and insurance services.
Trust security and efficiency are the natural demands of the financial services industry. It seems that the right and left hands determine whether the industry can achieve the status of Pratt & Whitney. The combination of MediShares Wheat Wallet and LendChain provides more possibilities for digital asset holders to keep digital currency in their wallets. Users can invest in a platform of selected wealth management products to obtain fixed income, or use the digital assets as a collateral in the wallet to obtain working capital.
Trust can be passed on. The users of MediShares wheat wallet trust the wheat wallet, and the wheat wallet recognizes LendChain's asset management and risk control capabilities with in-depth understanding. Then, the cooperation between MediShares Wheat Wallet and LendChain will build a bridge of trust transmission, so that users can get high-quality digital asset management services without spending extra effort to research.
More than that, the LendChain platform's initial financial services for institutional investors, and the corporate wallet function of MediShares can also form an ecological flow closed loop. Thanks to the support provided by the MediShares project, based on each other's technologies and resources, LendChain will further expand the business cooperation between quantitative funds and professional investment institutions, and communicate with them in depth to customize the asset management tools. In the future, the LendChain platform will implement asset management across all chains based on cross-chain protocols and will be an integral part of MediShares' enterprise asset management solution.
LendChain and MediShares aim to establish a new tacit understanding of blockchain financial services and prepare for the future trading and financing ecosystem. Based on the long-term growth of digital asset value, both parties are committed to providing the highest quality of financial services for the digital asset sector. Enjoy high-quality traffic and build a new digital asset financial ecosystem.
For this collaboration, MediShares CEO Mr. Jock said: LendChain organically combines the blockchain with the financial industry. This time, MediShares and LendChain are working together to provide diversified services for all users. I hope that both parties will give full play to their advantages and build a good financial security ecosystem!
Oscar Sum, CEO of LendChain, said: Blockchain technology has effectively reduced the trust of financial intermediaries. We are looking forward to the technical exchange and business cooperation with MediShares to build the infrastructure of digital finance and provide richer financial products and services for digital currency holders.
About MediShares:
The world's first blockchain mutual protection contract market, helping self-protection organizations around the world to create smart contracts in the blockchain, using blockchain technology to reduce operating costs, while ensuring system credibility and helping the wider population to get each other Guarantee. The MediShares eco-hatched mobile wallet "Wheat Wallet" supports both the ETH, NEO, EOS Token and Smart Contracts. Supports a variety of biometric technologies such as face, voiceprint, and living body to ensure asset security and use smart contracts to provide security.
About LendChain:
LendChain is a distributed digital asset financial services platform that provides financing, investment, insurance and other financial services to holders of digital assets. On the financing side, LendChain provides collateral and credit financing services covering BTC, ETH, EOS, GXS, QKC and other mainstream currencies. On the investment side, LendChain has a professional investment research team to provide fixed income and float for wealth management users. Diversified investment products such as income.
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