Exchange News: BKX is Listed on Bittrex

BANKEX
BANKEX  -  Proof-of-Asset Protocol
2 min readJul 11, 2018

After the successful launch of several new products and services, including the beta version of BANKEX Plasma, BKX utility token becomes more available to potential token holders, including American citizens.

The success of Plasma, the first realization of a Plasma blockchain originally envisioned by Vitalik Buterin for the main Ethereum network, was among the reasons to feel prepared to seek a listing on the Bittrix exchange. Plasma has demonstrated a capacity of 22k transactions per second without sharding at a cost of less than 50 cents per transaction, making it a realistic alternative to the existing VISA system of electronic transaction management.

More information about Plasma:

BKX is an Ethereum-based ERC-20 utility token used for payments within the PoA ecosystem.

A small reminder of BANKEX Token: BKX is a utility token. That means it gives its owner ability to access and use BANKEX platform, services and products.

The BKX token is used, for example, as the reward in the BANKEX Bounty Service, as a Decision Fee and utility token to buy voting tokens in BANKEX Smart Justice, as fuel for AppToken, MediaToken and as a fee in the BANKEX Trust Service, BKX Scan and among other applications within the BANKEX platform. The listing of BKX on Bittrix today simplifies access to BANKEX these products.

Other enterprises are already integrating BANKEX technology to move business to blockchain. MovieCoin, for example, is a blockchain based financing platform for the production of film and television programs that incorporates the BANKEX Proof-of-Asset Protocol as well as smart contracts and Smart Asset assembly.

The platform will provide financiers and other institutions with an immutable, transparent ledger of all of the expenditures, receipts, entitlements and ownership of the entertainment projects MovieCoin produces. Although MovieCoin as a financing platform to tokenize films and television programs will only be available outside the US, the company will also be issuing a utility token called Moviecoin that will be available for American citizens that will enable consumers to purchase movie tickets, buy or rent films or television programs on DVD, Blu-ray or subscription to video on demand (VOD) services.

In April this year BKX was listed on CoinBene, a leading cryptocurrency exchange in China. BKX can also be bought at exchanges such as IDEX, OKEX and EtherDelta.

BANKEX is available at:

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BANKEX
BANKEX  -  Proof-of-Asset Protocol

Open source PROOF-OF-ASSET protocol to facilitate #digitisation, #tokenisation & exchange of traditional assets. All things #cryptocurrency #fintech #blockchain