JOYSO has announced it will partner with TRON network, to build a hybrid decentralised exchange.
This exchange is set to become an infrastructure for all Decentralized Applications (DApps) on the TRON network, in return improving the sustainability of TRON’s blockchain.
JOYSO decentralised exchange
The founder of the JOYSO decentralised exchange, Mr Tom Soong, has launched the hybrid trading platform for cryptocurrencies, with the aim to provide a more cost-effective trading platform with low fees and a reduced risk of a hack or cyber attack. Launched in May 2018, the JOYSO exchange facilitates off-chain matching and on-chain settlement of real-time trading mechanisms. This will enable JOYSO ‘s users to trade any token directly via their digital wallets. YOYSO completed its ICO back March 2018.
Besides maintaining the new decentralised exchange, JOYSO is also making strides in the development of technology for the blockchain industry. JOYSO is also fast progressing with the planned launch of decentralized platform known as the NAS-JOYSO, build on the Nebulas blockchain.
JOYSO CTO Will Hsieh, stated that:
“TRON’s blockchain provides a conducive environment for token issuers where it is affordable and user-friendly. This will attract more users to join TRON’s ecosystem and boost its token economy. With our expertise, JOYSO is able to provide a safe and simple solution for exchanging of tokens on different blockchain hence creating a more sustainable network.”
TRON Network expansion
TRON has recently made headlines by completing more than 500,000 transactions, since launching four months ago. This is more than the transactions on the Ethereum network.
Recently, TRON acquired the peer-to-peer sharing software, BitTorrent. This will give users an incentive in earning TRON’s cryptocurrency (TRX) by downloading and sharing content as part of TRON’s Atlas Project.
An announcement by Gerald Chan, Marketing Director at JOYSO
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