Industry Watch 17 May, 2021 – 20:50

VNDC, NAMI and KardiaChain collaborate to deploy on KRC20 platform

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In order to support upcoming DeFi products on KRC20 blockchain infrastructure and help Vietnamese users to have a better approach to these projects, three powerhouses VNDC Wallet, Nami Exchange, and KardiaChain are in collaboration to issue KUSD-T. This cryptocurrency is equivalent to USDT. KUSD-T will run on KardiaChain’s KRC20 and is guaranteed by USDT on VNDC and Nami Exchange. 

Users can own KUSD-T by sending USDT (TRC20, ERC20 or BEP20) to VNDC Wallet and NAMI Exchange or purchase directly via DApp, and then users may withdraw KUSD-T on KardiaChain KRC20. KUSD-T is expected to launch on both VNDC Wallet and Nami Exchange at 8 p.m GMT+7 on 18 May 2021.

The perk of owning KUSD-T is the ease of trading on KRC20 on all DApps powered by KRC20, such as KAIDEX and other upcoming DApps. Stay tuned to receive news of the official launch of new products in the near future.

About VNDC Wallet.

VNDC Wallet is one of the most common DeFi DApps in Vietnam with over one million users. VNDC Wallet provides features for users to easily own, and offer collateral lending digital assets with fast settlement speed. VNDC is a launchpad for blockchain projects to approach millions of VNDC Wallet users. VNDC Wallet is now available on both iOS and Android.

About Nami Exchange.

Nami Exchange is a DEX developed by Nami Corporation, which focuses on products such as the DEX and Nami Futures. Nami Futures currently offers margin products with leverage up to x125. Nami Exchange is currently with 100,000 users and a transaction volume of $10 million.

About KardiChain

KardiaChain is a fully interoperable blockchain infrastructure founded by a Vietnamese team consisting of experts and engineers with many years of experience working in London, and the USA. KardiaChain offers a superior solution with their unique patent-pending Dual Node, which links all blockchains together regardless of their protocol differences. This creates convenience for businesses and governments in information management and sharing, optimises the usability of each blockchain while ensuring transparency and security.

After 2 years of developing, KardiaChain has attracted many large domestic and international investors and partners: Chainlink, NEO, Matic, Brand Protocol, VTVCab, LG CNS, Mai Linh Group, Bitis,…