QURREX AND SUNBAY TO COOPERATE ON THE FIRST HYBRID CRYPTOCURRENCY EXCHANGE
Qurrex and Sunbay are announcing their strategic partnership to create the first of its kind blockchain based hybrid cryptocurrency exchange.
The companies will cooperate to produce a cutting-edge hybrid cryptocurrency platform which is to integrate industrial infrastructure of traditional stock exchanges with a decentralized network in order to meet the challenges of the dramatic growth of cryptocurrency trading. The companies will collaborate to deliver the unique functionality and to streamline operations on the new hybrid cryptocurrency exchange platform.
“This novel product requires the combined efforts of a highly professional team and strong management in order to build the system on time, with approved stability, fault-tolerance, and security. We are thrilled to team up with Sunbay, a company that has resources to support us in developing The Qurrex project. Our partnership will ensure that we attain our goals within the required timeframe.”- said Qurrex CEO Matthijs Johan Lek.
Sunbay is a professional and ambitious supplier of IT products and services and is part of BizAps which was founded 20 years ago by four developers. Since 1998 Sunbay has been expanding its operations and is now an international company with offices in The Netherlands, Moscow and The Ukraine. Sunbay provides global consultancy, software development and chain integration services to major companies within the telecoms, banking and financial services sectors amongst others.. It has been successfully operating for the last twenty years in the United States, Europe, South Korea and Japan.
Qurrex is designed to meet the challenges of the dramatic appreciation of cryptocurrencies resulting in increasing demand from brokers and institutional investors. The platform offers a novel decentralized solution to provide secure, high performance trading that will utilize knowledge which has been accumulated from the traditional and blockchain exchange platforms. Although the new trading terminal is currently being prepared for service and undergoing updates and expansion of its functionality, the broad public will be able to familiarize itself with the trading terminal and test it in March 2018.
Qurrex’s new generation platform integrates the industrial centralized infrastructure of traditional stock exchanges (CEX*) like NASDAQ, NYSE, LSE with a decentralized blockchain-based exchange (DEX*). The platform will substantially increase the market’s liquidity and set a new standard for crypto-exchange products. Its reliability, security and speed are game changers for the crypto industry and professional traders alike.
This new generation exchange will encompass the best features of traditional exchanges with the advantages of a decentralized system, by including the institutional centralized infrastructure of a traditional stock exchange such as NASDAQ, NYSE, LSE as a node within a decentralized blockchain protocol. Qurrex is in the process of developing this secure, high-performance trading platform, which is currently available only as a test version.
The Qurrex team believes that its project will become a major gateway for professional institutional stock exchange participants to join the crypto economy.
