Huobi and NervOS will create a public blockchain for financial services

04.07.2019

On July 1, Huobi and NervOS announced their collaborative project named Huobi Finance Chain, which will allow enterprises, financial institutions and exchanges to implement their own blockchains, tokenize assets and provide different Defi-services.

What is more, the platform has its potential in providing debit and credit services, creation of payment services, and also in release steylcoins and STO.

Features:

  • open source;
  • multicurrency and smart contracts;
  • multi and side chain architectures;
  • Decentralized Identifier (DID);
  • KYC protocols, etc.

Regulators can also join the Huobi chain and contribute to the network as validators.

The launch of the project is expected in the Q3 this year. Testnet is scheduled for the Q1 2020, and mainnet - for the Q2 2020.

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