Blockchain Fintech News

Blockchain Foundry Announces Blockchain Development Agreement with NIX Platform

Bluefin Announces $25 Million in Growth Financing Led by Macquarie Capital Principal Finance

Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN), a leading North American blockchain development firm, is pleased to announce that it has entered into a blockchain development agreement (the “Agreement”) with NIX Platform (“NIX”). The Agreement commenced on September 1, 2020 and is valued at approximately C$60,000 over the next six months. In addition, upon successful completion of project milestones, BCF will receive NIX digital tokens with a current aggregate value of approximately C$40,000. If there is no change to the value of NIX digital tokens the entire contract value will be approximately C$100,000 over a six month period.

Read More: Ledyard’s Kathy Underwood Receives Distinguished Leadership Award

NIX is a next generation digital token and multi-layered interoperability platform which fuels decentralized applications and smart contracts. BCF has been engaged by NIX to incorporate certain aspects of open source technology developed by BCF into NIX’s infrastructure. In particular, BCF will integrate certain aspects of its Syscoin-Ethereum bridge into NIX’s platform, increasing exposure for this technology and broadening the user base and exposure for BCF’s blockchain technology products.

NIX platform will also be co-developing its custom privacy protocol into the bridge ecosystem. Once integrated, the NIX-Ethereum bridge will provide a privacy layer for all tokenized assets on the Ethereum network.

Related posts

New Developer Portal and AI-Driven Tools in Genesis Application Platform Improve Developer Productivity in Financial Markets

GlobeNewswire

Global Finance Names PrimeRevenue a World’s Best Supply Chain Finance Provider

Fintech News Desk

DeciBio Ventures Invests in Replay’s $55Million Seed Funding Round Led By KKR & Co. and OMX Ventures

Fintech News Desk
1