Sperax
Sperax provides a layer of financial services
Status
Not set
Intent
Intent
Chains
Ethereum
Category
DeFi
Category
Channel Partner
Partner Type
No items found.
Integrations
Any API
Product Type
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Industry
No items found.
DeFi
Year
2020
Collaboration
Social
Integrations
Channel Partnership Details
August 7, 2020
Sperax integrating Chainlink Oracles to Power its Decentralized Financial Services
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About
Sperax

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Sperax provides a layer of financial services within the public blockchain stack through a native stablecoin and decentralized financial service providers. We believe that blockchain technology is the key to decentralisation and will shift the way how people interact with one another and how money flows; we want to leverage on the powerful technology to drive further adoption, to enable more possibilities for builders and to improve lives.

At the infrastructure layer, we developed BDLS protocol, which is an original consensus module more secure and efficient than other Byzantine Fault Tolerant protocols. On top of it, we introduced Sperax stable coin system. Backed by fiat currency, it is the first native stablecoin in public blockchain ecosystem. Developers could build decentralised applications without educating users about cryptocurrency.

Sperax is currently working with a Hong Kong licensed virtual bank to support cross-border transactions based on the stablecoin network and offer more competitive transaction fees. Sperax released its BDLS consensus module on GitHub in March 2020 and plans to release its testnet in July 2020.

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DeFi