TROY Partners with Harmony to Improve Scalability of Troy Platform

Nikolaos Kostopoulos
Harmony
Published in
2 min readOct 23, 2019

TROY, a global prime broker specialized in crypto trading and asset management, has announced a strategic partnership and integration with Harmony, to foster and improved scalability of Troy Network.

Harmony now is also be among the kickstarting members of the “Global Ecological Community Program” launched by TROY, which is designed to break the trading barriers of crypto assets and build a frictionless, integrated crypto asset trading ecosystem.

TROY, derived from Troy Network, will work closely with Harmony in devoting R&D resources towards research and development of layer-1 scaling solutions. Through this partnership, TROY could adopt Harmony’s novel and advanced state sharding technology. Simultaneously, TROY could provide Harmony with the most promising application scenarios, like trading marketplace and settlement network.

Troy Network’s system architecture consists of four layers, including the public chain protocol layer, the off-chain trading layer, the settlement network layer and the application layer. In order to improve users’ trading experience and further enhance the privacy protection, Troy Network will improve the scalability and usability by actively applying the mature on-chain scaling technology from Harmony to the trading process.

The layered architecture of Troy Network System. TROY will now utilize Harmony’s Public Chain Layer to offer an upgraded user experience.

About Harmony

Harmony is a fast and secure blockchain with key innovations in state sharding and peer-to-peer networking. Its sharding uses secure proof-of-stake and decentralized randomness, and its networking achieves optimal cross-shard routing and fast block propagation.

About TROY

Troy Trade is a global prime broker specialized in crypto asset trading and asset management. We provide crypto brokerage services for institutional-grade capital and professional traders with revolutionary trading products.

--

--

Nikolaos Kostopoulos
Harmony

Advising governments & interest groups on cryptocurrency & FinTech regulation in the European Union.