TROY Colloborates With NULS To Integrate Cross-Chain Crypto Trading
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TROY Colloborates With NULS To Integrate Cross-Chain Crypto Trading

December 5, 2019      Olowo

Blockchain platform TROY has announced a strategic partnership with modular blockchain form NULS to develop microkernel and functional modules. Troy specializes in crypto trading and asset management and has become one of the fast-rising stakeholders in the sector.

With the partnership agreement, NULS becomes the ninth member of the Global Ecological Community Program launched by TROY. The program is designed to break the trading barriers of crypto assets and build a frictionless, integrated crypto asset trading ecosystem.

It is understood that with the partnership TROY would adopt NULS’ advanced technology on cross-chain interoperability, which would allow Troy Network to build a fast and secure decentralized exchange protocol.

TroyTrade will join the consensus node of the NULS network as well and will work closely with NULS in devoting R&D resources towards applying multi-chain mechanism and cross-chain consensus in their decentralized trading and settlement protocol layer.

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Public Layer Optimization The Major Goal

TROY could provide NULS with promising application scenarios, including a trading marketplace and settlement network.

The whole system architecture in the Troy Network consists of four layers, including the public chain protocol layer, the off-chain trading layer, the settlement network layer and the application layer.

In order to improve users’ trading experience, Troy Network will closely work with NULS to integrate the most effective cross-chain technology, supporting the public-chain layer on its network to optimize the trading process.

It is no surprise that Troy has been able to garner this massive partnership as the platform has been working on several blockchain projects in recent months.

It is expected that the crypto trading management firm will develop new solutions that would improve the ease of trading on its network.

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Olowo
Olowo

I am olowoporoku adeniyi, writer, editor and crypto evangelist, with five years experience in the Blockchain industry.