# Binance is pushing for blockchain adoption and doing many times on the coming months, on which millions of projects can easily issue tokens. @ Cz_Binance @ ForbesAsia # ForbesBlockchain pic.twitter .com / 0pc0r1lXd2
“Vinance is promoting the adoption of block chains, we are doing a lot to help the development of the industry.For example, we are declining vinance chain in the next few months, where the number A million projects can easily issue tokens. “
Demo video of DEX (Distributed Exchange) using Binance Chain with this announcement is newly released on Youtube.
In this demo movie, actual usage and screen design etc. are reflected.
This time Mr. CZ also talks about three things in Binance DEX as tweet as follows.
- Since one blocking time is possible in 1 second, confirmation is possible immediately = immediate dealings can be done
- Manage assets themselves (possess secret keys), do not hold currency at exchanges
- It is a simple UX similar to the current Binance
Three things about the @ Binance_DEX
1. ONE SECOND block time, ONE confirmation finality = INSTANT TRANSACTIONS
2. You control your funds (private keys). No holding of coins at the exchange.
3. Simple UX, just like https://t.co/9rMMAmtCxH https://t.co/RNLxjn8tlj
The first demo image of DEX is released by CEO CZ in August this year. In the demonstration video, you can easily create tokens, listings , and transactions with other currencies are introduced.
Article Source: Binance
Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for informational purposes only. We are not an investment advisor and do not provide financial advice.
It’s also important to it properly to diligence and analysis, including consulting a professional financial advisor, No content on Coin News Desk makes up a recommendation to enter in any type of investment or to engage in any investment strategy present on this website.