Saturday, April 20, 2024
News
NEWS HOME
»
PRESS RELEASES

MASEx Provides Expansion Capital To TTChain To Revolutionize the Digital Asset Exchange Ecosystem!
  SocialTwist Tell-a-Friend  
   


Date: 25-02-2020 12:54PM
Source: MASEx
Category: General, Internet, Information Technology, Banking & Financial Services, Stock Exchanges, Technology, It & Tech
Location: Taipei, Taiwan

Business Wire India

TTChain, a global service provider for decentralized blockchain and cross-chain lightning transaction ecosystems, obtained capital funding from MASEx and became a subsidiary of MASEx. TTChain’s innovative technologies enable decentralized, flash cross-chain, high frequency, and AI trading with 8000+ transactions per second.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200224006011/en/

(Photo: Pexels)

(Photo: Pexels)

MAS Capital Universal Exchange (MASEx), a global STO exchange has recently acquired a high performance decentralized MASEx 2.0 exchange enabler, TTChain, to lead and empower a next generation decentralized exchange with lightning digital asset transfers, including BTC and USDT.

Through this strategic investment, TTChain will provide world-leading high-performance trading and industry-grade security technologies to MASEx, enabling the next generation of the decentralized and universal trading platform. This addresses the interoperability bottleneck that has previously affected exchanges, as TTChain will enable cross-chain assets exchange, without performance hindrances, with enhance security and lightning transactional speed.

MASEx will serve as a prime platform to demonstrate the relevance and value of TTChain’s cross-chain technology. Current exchanges--centralized and decentralized alike -- are faced with challenges of security with billions lost to hackers, limitations mostly to ERC20 tokens, and high transaction fees. TTChain’s strong encryption technology, led by an experienced team and a CTO who formerly worked at Microsoft, will provide the technical infrastructure to the MASEx platform.

"TTChain is pioneering cross-chain technology covering 60%+ of the mainstream and highest market share of stable coins -- all while achieving 8,000+ transactions per second to solve the key trading pain points of decentralized exchanges", says Nick Huang, TTChain CEO.

“With TTChain's technology that combines strong security, blazing fast transaction speeds, and flexible cross-chain digital asset transfers, MASEx can continuously focus on and improve the universal exchange platform that doesn't sacrifice on performance with higher security. The strategic investment is yet another huge stride for the digital asset and security token exchange ecosystem -- solving challenges and pain points still present in many existing solutions out there for current digital asset exchanges”, says Aaron Tsai, Founder and Chief Capitalist of MASEx.

About MASEx

MAS Capital Universal Exchange (MASEx) is a global STO exchange. It aims to become the leading security token exchange by using AI and blockchain technology to form a decentralized exchange to trade securities, commodities, FOREX and digital assets on a single or Universal trading platform. Incorporated in Anguilla on August 14, 2018, and having a registered representative office in Taipei, MASEx’s Stock Listing – Entry Board started to trade its first equity security token WESTO, issued by Westrend Consulting from Vietnam, on October 31, 2019. MASEx will be a platform to deliver greater transparency, economies of scale, and liquidity on a global basis with a plan to open access to the un-banked.

About TTChain

TTChain is a global and professional service provider focused on decentralized blockchain, decentralized exchange solutions, cross-chain lightning transaction ecosystems, and comprehensive digital asset management system via customization and cloud Blockchain as a Service (BaaS). The revolutionized solution aims at solving several key challenges of digital asset exchanges and public blockchain: slow transaction speed, high handling fee, insecurity due to over-centralized exchange, and the inability to exchange digital asset value among chains for general public chains.



CONTACTS :

Aaron Tsai
aaron@MASEx.io

More Press Releases

C3.ai Digital Transformation Institute Announces AI for Energy and Climate Security Grantees

Moody’s Launches Moody’s Moments Video Series Providing Insight into Corporate Strategy

IDEMIA Signs With Storstockholms Lokaltrafik “SL” to Launch the World’s First Ever Public Transport EMV White Label Cards

Celebrity Face: India's No.1 Platform for Aspiring Content Creators and Fans to Photoshoot with Top Celebrities

Tally Solutions Announces the First Edition of MSME Honours

Sourced from the Himalayan Regions, Moving to the Wonders of Australia - BOHECO Joins Hands with Spring Sciences Australia

Moneycontrol App's Monthly Active Users Six Times Larger Than Its Closest Competitor for May 2021 - Similarweb

Healthcare Cloud Unicorn, Innovaccer, Certified as a Great Place to Work® Company

The Nation Gears up for the First-ever Edition of National Poker Series, India

DXC Technology Welcomes Brenda Tsai as Chief Marketing and Communications Officer

Schlumberger New Energy and Panasonic Energy of North America Announce Strategic Collaboration on New Battery-Grade Lithium Production Process

Fashion Designer Sanjukta Dutta Contributes Towards the Vaccination Drive Held in Assam Under the Guidance of Honorable Chief Minister Dr. Hemanta Biswa Sarma

Western Union Accelerates Digital Money Movement for Postal Networks Worldwide

NMIMS School of Branding and Advertising Partners with 120 Media Collective and Advertising Standards Council of India

High-Touch Spectacles Now Made Virus Free by ZEISS DuraVision AntiVirus Platinum UV

IRM India Affiliate Announces Results for May 2021 Level-1 Examination

Wipro Annual Report 2021 on Form 20-F Available Online for ADS Holders

RSA Introduces Outseer, a Spinout of its Fraud & Risk Intelligence Unit, to Transform Customer Authentication and Accelerate Revenue for the Digital Economy

Abu Dhabi Based Tablez to Expand Upon Investment in India’s Toys Sector With Its Proprietary Brand

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Gwalior: Fire breaks out in Rang Mahal, ...
'Rajasthan is BJP's fortress and we will...
'Maha Vikas Aghadi has no leadership...t...
'BJP set to win Bikaner by huge margin':...
'Bommai will win by over two lakh votes'...
Children being taken to madrasas from Bi...
More...    
 
 Top Stories
Tripura: Two polling officials susp... 
Lok Sabha polls: Tamil Nadu records... 
IRDAI removes age limits on health ... 
Pakistan: Court orders medical chec... 
"BJP's '400-paar' film has flopped ... 
Lok Sabha elections: BSF Meghalaya ... 
CSK coach Stephen Fleming sheds lig... 
21 policemen returning from MP's Ch...