BEXAM exchange becomes X-HIVE

Cryptech works, Ltd. has acquired the rights to operate the Bexam Exchange and will take over from the end of February.

Bexam
Bexam News
2 min readFeb 15, 2019

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We started our development of the Bexam Exchange as our initial product to show our technology in action. As we’ve been working towards completing the Bexam Exchange, our efforts have been realized, and have led to the operations transfer of the exchange to Cryptech works, Ltd., a blockchain consulting company based in Singapore. With this transition, the Bexam Exchange will be renamed “X-HIVE” with immediate effect and will be operated by Cryptech Works, Ltd. Cryptech Works is a team composed of media consulting, promotion and business funding industry experts. Details about the members will be officially released by Cryptech Works.

X-HIVE will, for all intents and purposes, be the same exchange as planned, using the BEXAM token as an exchange token.

The operations transfer of the exchange is great news for the Bexam community, as it illustrates the viability of enterprise applications running on our open chain. In addition, the change of hands will allow our developers to continue to focus on the Bexam platform after the launch of the exchange to further develop the Bexam ecosystem. We are also excited to announce that 10% of the purchase price of the exchange will be used to buy back and permanently lockup these tokens, which should be great news to any Bexam token holder.

On February 18th, the Bexam account page will be transferred to the X-Hive website with a new look. Existing Bexam accounts will be migrated over to the new system and users will be notified via email with further information.

According to their roadmap, X-Hive will hold an IEO of the BEXAM token in May 2018.

For any questions regarding this migration, please contact us at support@bexam.io

About Us:

Empowering businesses with innovative blockchain solutions.

Bexam strives to integrate real blockchain/DAG solutions to support businesses everywhere. We aim to address the current shortfalls in decentralized platforms by reconciling the advantages of both blockchain and DAG systems. By introducing the reality of blockchain to the enterprise sphere, we hope to inspire its potential further into everyday life.

With unprecedented speed and the security of our blockchain technology, the Bexam platform doesn’t just make enterprise blockchain a reality, but a necessity in business.

Visit our website: https://bexam.io/

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Bexam
Bexam News

Bexam, the next generation blockchain/DAG hybrid platform. Empowering businesses with innovative blockchain solutions through the new consensus algorithm GLS!