SwapOnline, a cross-blockchain otc market protocol, has announced an important step on the way to realizing its decentralized cross-chain solution. Drawing on the experience of adding EOS, TLOS, and LTC to the exchange mechanisms of its system, the SwapOnline team has established a new partnership with a promising early-stage project, Rasmart.
Rasmart: Multi-Use-Case Blockchain Project
The Rasmart team specializes in expanding the potential usage of financial services on the basis of a distributed registry, self-executing smart contracts, and cryptocurrencies. Rasmart is developing its own blockchain that will act as a unified protocol for the issue, storage, and transfer of financial assets. Among the main targets of Rasmart are Logistics, IoT, Gaming, and Copyright Protection which are aligned with Swap.online goals: stable, safe and fast processing of crypto-based assets. We are certain that a combination of these features brings the true meaning of real decentralization.
Swap.online for Rasmart: Development, Support, Integration.
First, SwapOnline developers will integrate the Rasmart blockchain to the exchange toolkit of SwapOnline. It will allow a decentralized peer-to-peer exchange of Rasmart-based assets with the top blockchains — BTC, ETH, EOS etc.
Moreover, a collaboration with Swap.online will expand the investment potential of Rasmart. After the mainnet launch of Rasmart, the RAS utility token will be added to the balances of Swap.online wallet and listed on the SwapOnline exchange. Token-holders of RAS will be able to store and exchange their assets in a decentralized and easy manner.
To sum up, the collaboration with Rasmart will establish the high development capability level of SwapOnline as well as the unique potential of blockchain integrations.
Rasmart will be the first ‘new’ blockchain to be added to SwapOnline and the team will also support them and assist with their token sales.