V SYSTEMS Partners with Mine Digital to Support the Expansion of DeFi Ecosystem

V Systems
V Systems
Published in
3 min readNov 19, 2019

19 November — V SYSTEMS announced a new partnership with Mine Digital today to explore joint development to support the expansion of DeFi ecosystem.

Mine Digital is a top digital asset exchange in Australia. The firm is based in Sydney and Brisbane and is regulated by ASIC under the terms of its Australian Financial Services License (AFSL) authorizations. The partnership with Mine Digital signifies V SYSTEMS’ strategic planning in expanding its influence in the overseas market.

Realizing the rising demand for DeFi applications and the adoption of blockchain technology in the finance sector, V SYSTEMS and Mine Digital will cooperate on the following initiatives:

● Identify quality companies and projects with existing users and high market demand to integrate with blockchain technology

● The addition of V SYSTEMS-powered projects to Mine Digital platform;

● Cooperation with Mine Digital to provide its users with access to V SYSTEMS-powered projects to facilitate community building and expand user base;

● Provision of secure and stable staking services to drive users’ long-term engagement on the V SYSTEM blockchain.

First Batch of Pioneer Projects Co-Supported by V SYSTEMS and Mine Digital include:

1. Tachyon Protocol — a decentralized internet protocol co-launched by X-VPN, which is one of the world’s largest VPN service providers and the world’s top 20 mobile app by Apple and Google with 50 million global users.

2. Home Token — a mortgage-backed stable coin project co-launched by a Fortune 500 real estate group.

3. WalkBank — a decentralized bank platform with fiat-crypto integration co-developed by xCurrency, which is a live currency converter mobile app with 70 million global users.

As strategic partners, V SYSTEMS and Mine Digital will continue to promote the interaction of the two sides and explore in-depth participation in DApp development and community engagement.

Prior to this announcement, V SYSTEMS has already announced its partnership with OceanEx and ZB during the CoinMarketCap Conference happening last week. The V SYSTEMS team will continue to seek more quality industry partnerships to expand its DeFi ecosystem globally.

About V SYSTEMS

V SYSTEMS is a general purpose blockchain database for decentralized applications. Led by Chief Architect Sunny King, the V SYSTEMS blockchain has implemented his new innovative consensus algorithm — Supernode Proof of Stake (SPoS) . V SYSTEMS aims to deliver decentralized database cloud technology that is scalable and durable, with high finality, performance and the highest resistance to 51% attacks.

About Mine Digital

Mine Digital is a digital asset exchange and brokerage firm. The exchange business aims to be one of the leading crypto-fiat exchanges in the APAC region and is developing a variety of derivative markets for both retail and wholesale investors.

Mine Digital’s brokerage arm leverages off the experience of its team to provide tailored advice and access to idiosyncratic investment opportunities. The firm is based in Sydney and Brisbane and is regulated by ASIC under the terms of its Australian Financial Services License (AFSL) authorizations and is an AUSTRAC compliant and registered digital currency exchange.

Official Website: https://minedigital.exchange/

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V Systems
V Systems

A blockchain platform that supports the efficient and agile development of decentralized applications. Visit our website at www.v.systems