Subscribe to Our Newsletter
Friday May 20, 2022
Bitcoin (BTC) $30,018.00   Ether (ETH) $1,996.98
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Featured

Blockchain Development Company joins Bancor Network, creating a BCDC/BNT relay

Published by CryptoNinjas.net
10/24/2017
Blockchain Development Company joins Bancor Network, creating a BCDC/BNT relay

Blockchain Development Company (BCDC) today announced they will be joining the Bancor Network. Bancor Protocol will ensure BCDC Tokens have immediate and continuous liquidity and engagement with the Ethereum token ecosystem. BCDC is currently in a live Pre-Sale with a Token Sale next.

BCDC is currently the only blockchain company to be an Enterprise Ethereum Alliance member to release two working Ethereum-based projects straight after their token sale. Blockchain Development Company has joined an expanding group of pioneering projects integrating the Bancor Protocol to maximize the trading liquidity of BCDC tokens sold as part of its upcoming token sale.

The Bancor protocol technology solves the economic problem known as ‘Double Coincidence of Wants’ — where a seller of a set number of tokens must find buyers wanting the same number of tokens — at the same time — in order for a trade to take place. This is traditionally achieved through matching buyers and sellers in exchanges, and now can be executed automatically, directly on the blockchain, thanks to Bancor Protocol smart contract technology.

Bancor’s smart contracts utilize a “connector” token method which will allow BCDC tokens to automatically convert to BNT, ETH and any integrated token in the liquidity network, according to an open-source algorithmic pricing mechanism. These conversions take place directly between smart contracts, outside of exchanges. Bancor ran a record-breaking token sale in June, collecting over $150 million for the project in under three hours.

Blockchain Development Company intends the release of many projects which will have both an environmental and humanitarian positive impact.

The BCDC team stated:

“We believe in the Bancor team, vision and product. This integration will further our intention to create new value for everyone and for all others in the network. Additional exposure through the network and its participants will benefit the BCDC community who will also enjoy continuous convertibility and relative price stability.”

227
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

New Bancor set-and-forget optimized staking solution xBNT now live

04/26/2021
New Bancor set-and-forget optimized staking solution xBNT now live

Bancor, an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains, today announced that xBNT is now live. xBNT a set-and-forget staking solution built by the xToken project that provides...

Read more

Bancor to expand its decentralized liquidity protocol to Polkadot

02/02/2021
Bancor to expand its decentralized liquidity protocol to Polkadot

Bancor, an on-chain liquidity protocol, today announced that work is now underway on a cross-chain bridge that would allow Bancor to expand its decentralized liquidity protocol to Polkadot. The implementation would eventually give users...

Read more

Bancor hackathon with 22,500 BNT in developer bounties is now live

03/16/2020
Bancor hackathon with 22,500 BNT in developer bounties is now live

Bancor, the on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains, today announced its latest developer challenge as part of Gitcoin’s DeFi-themed "Funding The Future" hackathon is now live. From...

Read more

Bancor and 1inch added to Pillar wallet’s crypto exchange engine

02/24/2020
Bancor and 1inch added to Pillar wallet exchange offers engine

PIllar, a cryptocurrency wallet and payment network with built-in exchange functionality, has added Bancor and 1inch to its exchange 'Offers Engine.' Other integrations coming soon on the Pillar roadmap worth noting include; Wyre, Kyber,...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

05/19/2022
Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

05/12/2022
Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon

Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon

05/16/2022
Crypto trading network Apifiny launches new smart order routing feature across 20+ exchanges

Crypto trading network Apifiny launches new smart order routing feature across 25+ exchanges

05/10/2022
Crypto transaction monitoring platform Merkle Science adds support for 1,200+ ERC-20 tokens

Crypto transaction monitoring platform Merkle Science adds support for 1200+ ERC20 tokens

05/20/2022
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

Volume on BitMEX Spot Exchange surpasses $10M in 24 hours since launch

05/19/2022
Oracle network for Algorand blockchain Algoracle closed $1․5M seed round

Decentralized oracle network for Algorand blockchain Algoracle closes $1․5M seed round

05/18/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version