[Notice]FirmaChain x NEST Protocol Partnership

FIRMACHAIN
FIRMACHAIN
Published in
2 min readJan 6, 2021

Greetings this is FirmaChain

We are announcing our partnership with the Oracle solution project, the NEST Protocol.

The NESTt protocol is an Oracle network that provides price information decentralized to DeFi services, using the ‘quote mining’ mechanism, an incentive system in which off-chain price information is directly reflected in the online chain to solve the problems of existing Oracle projects.

NEST Protocol, along with the Maker Foundation, Compound and dydx exchanges, is a founding member of the Global Alliance led by Huobi DeFi Labs, a decentralized finance unit of the Huobi Group. The Global DeFi Alliance is working together to research and develop DeFi, promote best practices, and to develop cross-border cooperation and ecosystem between the East and the West.

Currently, NEST protocol is listed on HBTC, which was first listed by WOZX, a virtual asset of blockchain startup Efforce founded by Apple co-founder Steve Wozniak. And it is listed on leading domestic and international crypto asset exchanges such as Huobi Global, Huobi Korea, Gate.io and Coinone.

With this partnership, NEST Protocol will utilize FirmaChain’s blockchain based electronic contract service and enable it to be activated through its affiliates, and its main purpose is to collaborate on FirmaChain’s entry into overseas markets.

Our partnership with the global project, NEST Protocol, allows us to look forward to a mutually advanced year 2021. As the blockchain market is drawing more attention than ever due to Bitcoin’s continuous surge, we will speed up the project so that the FirmaChain can also be noticed worldwide in 2021.

Thank you.

About FirmaChain

FirmaChain is an electronic contract and decentralized data storage platform that utilizes blockchain technology to prevent forgery, efficiently solving all of the limits of current electronic contract services. Through FirmaChain’s electronic contract service “Duite”, negotiations, transactions and editing history can be safely recorded without the contractors needing to meet in person. In addition, in the decentralized data storage of FirmaChain, miners and users can contract to store a certain file. The user transmits the file to be saved to the miner, and when the file transfer is completed, the miner encrypts the file and then copies, encrypts the file. Proof of file storage is then recorded on to the blockchain.

For more information about FirmaChain, or to join our team, please contact us at info@firmachain.org.

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