The ABEY token, developed by the Liechtenstein-based ABEY Foundation, will soon be available to trade at Malta-based crypto exchange ZBX.
Innovation in blockchain
According to its developers, the ABEY blockchain introduces several innovations to the world of blockchain, including unique high-performance computational models that accelerate multiple core aspects of blockchain data processing.
The main focus points for ABEY technology and its founding entity, the ABEY Foundation, are security, scalability, programmability, and ease of adoption. Its development has been consolidated through peer-reviewed articles and papers published by several top international Computer Science events.
Academic project matures into commercial platform
Originally an academic project initiated by Prof. Viorel Negru and Dr. Ciprian Pungila, ABEY put high-performance computation at the core of everything, to ensure a scalable e-commerce solution.
However, over time ABEY has matured into a continuously-developed and improved-upon, easily-scalable blockchain, that aims to ease the adoption of blockchain into the world of e-commerce and fintech.
Reflecting the confidence early adopters have placed in ABEY, it boasted 100,000 unique wallets after just a few months – demonstrating a growth rate 8 times faster than Bitcoin (BTC).
Unique features
ABEY blockchain boasts several unique features, including refundable transactions, new types of mediators, and support for affiliates, giving rise to an entire fintech ecosystem which supports various payment gateways, affiliate support and on-chain programmability.
Those researching ABEY’s technology have been particularly focused on in chain interoperability, and the team at the ABEY Foundation say they are currently planning a “major improvement” to the way the blockchain can be used throughout various real-world scenarios and use-cases.
Discussing the project Dr. Ciprian Pungila said:
“The world of blockchain has become very much like a Babel tower nowadays, with so many blockchains existing nowadays and so very little done to connect them together through a de-facto standard.
“We have an outstanding chance to design and develop something unique in the blockchain world, that comes to everyone’s benefit – and as part of the Bloxberg Consortium, the first international blockchain for science in the world, we have unique access to a plethora of knowledge and support from the world’s top scientific community, to ensure that the path we take is a step in the right direction”.
Soon to launch on ZBX exchange
Despite some delays caused by the ongoing COVID-19 (coronavirus) crisis, the ABEY token will soon be available on Malta-based ZBX cryptocurrency exchange – with both the ABET Foundation and ZBX team confirming the token will be listed and available to trade against all other major cryptos and fiat currencies, soon.
AYO.NEWS says:
ABEY is a fascinating blockchain project, with some novel features that should make it especially attractive to e-commerce, especially the speed and refundable transactions. The expertise behind the project is also impressive, and if ABEY reaches anywhere near its potential, things could get very exciting.
The partnership between ABEY and ZBX also makes a lot of sense, with both being trailblazers, taking existing models and improving them considerably. ZBX has gone beyond offering crypto exchange services, and through a partnership with Swiss bank, Dukascopy, gives customers the opportunity to open top-tier bank accounts in 23 different currencies.
ZBX is also partnered with emerging Decentralised Finance (DeFi) project Crypto Price Index – which itself has won royal backing, being endorsed by the Emirati Royal Family.
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