INTERNET CITY, DUBAI, Dec. 8, 2022 – LBank Exchange, a global digital asset trading platform, has listed CloudChain (CLDC) on December 8, 2022. For all users of LBank Exchange, the CLDC/USDT trading pair is now officially available for trading.
Laying the foundation for an interoperable, distributed web, CloudChain (CLDC) unites and expands new web3 ecosystem where apps and services can communicate across chain. Its native token CLDC has been listed on LBank Exchange at 10:00 UTC on December 8, 2022, to further expand its global reach and help it achieve its vision.
Founded by FineVentures, an investment company specializing in distributed blockchain networks, CloudChain is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, allowing them to operate seamlessly together at scale. Because CloudChain allows any type of data to be sent between any type of blockchain, it unlocks a wide range of real-world use cases.
While blockchains have demonstrated great promise in several fields—Internet of Things (IoT), finance, governance, identity management, web decentralization, and asset-tracking to name a few—design limitations in previous systems have largely hindered large-scale adoption. CloudChain’s design offers several distinct advantages over existing and legacy networks, including scalability, upgradeability, transparent governance and cross-chain composability.
With a global team of top distributed system engineers, cryptographers, solutions architects and researchers who have developed distributed network technology for over 12 years in healthcare, law, architecture, and education, CloudChain was created as a better network by linking various virtual currencies and blockchain ecosystems. By bringing together the best features from multiple specialized blockchains, CloudChain paves the way for new decentralized marketplaces to emerge, offering fairer ways to access services through a variety of apps and providers.
The cross-chain composability and message passing of CloudChain allows shards to communicate, exchange value, and share functionality, opening the door to a new wave of innovation. And thanks to CloudChain’s ability to bridge blockchains, CloudChain network will also be able to interact with popular decentralized-finance protocols and crypto assets on external networks like Ethereum.
In addition, it’s also easy to participate in CloudChain ecosystem. Users can install mined servers to become CloudChain participants, and it doesn’t just limit participants to network users. One can also become part of the CloudChain Network in other ways and receive rewards from CloudChain foundation.
About CLDC Token
CLDC is the native token of the CloudChain ecosystem. It serves three distinct purposes, including distributed networking server usages, staking, and bartering. The CLDC token holder offers worldwide distributed network servers at a low cost. Users can use a distributed network to operate a more secure server. And through the staking service, users receive a certain level of compensation even if they do not use a mining server. In addition, various products can also be exchanged using CLDC.
Based on BEP-20, CLDC has a total supply of 10 billion (i.e., 10,000,000,000) tokens. It has been listed on LBank Exchange at 10:00 UTC on December 8, 2022, investors who are interested in the CloudChain investment can easily buy and sell CLDC token on LBank Exchange right now. The listing of CLDC token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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