• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Bitcoin Casino ReviewsTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Bitcoin Casino ReviewsTry
No Result
View All Result
NewsBTC
No Result
View All Result
Nexo Logo

ABEYCHAIN Receives Blockchain Of the Year Solution Award, Why It Is One Of The Strongest Players In The Emerging Industry

NewsBTC by NewsBTC
9 months ago
in Company News
Reading Time: 2 mins read
Advertisement

Launched in Q1, 2021, ABEY and its ecosystem took the market by storm by becoming one of the fastest-growing projects in the crypto and blockchain space. The project’s progress was acknowledged at the AIBC Europe 2021 in Malta, an event that gathers thousands of investors and innovators from different sectors.

During the event, celebrated last November 16, ABEYCHAIN was awarded the Blockchain Solution of the Year. The award was granted by a panel of experts familiar with blockchain technology, and with community support. The project has achieved a new milestone consolidating months of exciting developments. Eman Pulis, a founder of SiGMA and owner of AIBC, said:

“Congratulations to ABEY for being awarded the AIBC Europe 2021 Blockchain Solution of the Year. AIBC is an intersection for excellence in the international blockchain community and we are thrilled to award this prestigious accolade to the ABEY Foundation.”

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Philipp Sauerborn, Co-Founder and Director of the ABEY Foundation said:

“This victory is an significant milestone for our developers and the thousands of users who make up the ABEY ecosystem. This prestigious recognition is the result of countless hours of hard work from our ABEY team and the developers running their apps on our blockchain. We are committed to growing the ABEY ecosystem in order to bring our users the best solution that we possibly can. We are so grateful AIBC and its expert panel of judges has noticed our passion and excellence.”

In Q3, 2021, ABEY’s growth started to become truly notable. The platform records 140,000 users adding 10,000 active addresses on a monthly basis during this period. More users have started interacting with ABEYCHAIN after it introduced new features and capabilities.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

The platform leverages a unique approach to the blockchain trilemma by operating with a hybrid consensus mechanism that combines the best of the Proof-of-Work and a Delegated Proof-of-State (DPoS) algorithm. This has allowed eliminating the disadvantages that affect top blockchains, like Bitcoin and Ethereum.

The ABEYCHAIN uses a DPoS Committee that keeps in check its PoW nodes to achieve a high transaction throughput. This innovative model was amongst the reasons the platform was granted the award. Pulis also said the following on ABEY’s recent accomplishment:

Your award was majority based on our expert judging panel’s evaluation, as well as a smaller component of public voting. Every developer running their dApps on ABEYCHAIN, every user of ABEY’s XSwap.com DEX, every holder of ABEY cryptocurrency should feel proud of your achievement.

Read our comparison of 50 different crypto casinos. Find out who has most generous bonuses, best UX, knowledgeable customer support and best provably fair games.

ABEYCHAIN The Next Big Thing On The Crypto Scene?

In addition, The ABEY ecosystem has experienced an explosion in all its fundamentals and use cases. Besides its native decentralized exchange ABEY DEX, the platform allows its users to tokenize assets, to liquidity mine to earn rewards, trade derivatives, and more.

In the future, ABEYCHAIN will deploy its own Non-Fungible Token (NFT) platform, and a stablecoin called aCash Token (ACT) that will give its users another tool to securely transact on the network. The number of use cases and potential decentralized applications (dApps) seem endless as this ecosystem continues to attract developers from blockchains build with the classic consensus model.

ABEY was awarded the Blockchain Solution of the Year and nominated to DeFi Project of the Year. In addition, ABEY sponsored the Crypto Influencer of the Year award. If the project continues its trajectory, this could be the first of several awards to be won across the next decade.

Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

How Gold Continues To Prove To Be A Hedge Against Inflation

How Gold Continues To Prove To Be A Hedge Against Inflation

2 days ago
Has Mark Cuban Changed His Mind on Cardano?

Has Mark Cuban Changed His Mind on Cardano?

2 days ago
7 Best Altcoins Everyone is Talking About

7 Best Altcoins Everyone is Talking About

2 days ago
Future of Content: How Web 3.0 Revolutionizes Approach to the Creator Economy

Future of Content: How Web 3.0 Revolutionizes Approach to the Creator Economy

2 days ago
Component NFTs Are The Next Big Thing, And Cradles Will Lead The Way

Component NFTs Are The Next Big Thing, And Cradles Will Lead The Way

3 days ago
Top 5 New Cryptocurrency to Invest in During The Crypto Bear Market

Top 5 New Cryptocurrency to Invest in During The Crypto Bear Market

3 days ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

GNOX (GNOX): Likely Top 50 Crypto Similar To EOS (EOS) And Sandbox (SAND) After Presale Sold-Out Quickly

August 14, 2022

Gnox (GNOX), Sandbox (SAND) and Decentraland (MANA): The Most Promising Investments in 2022

August 14, 2022

HypaSwap, Bitcoin, and Solana – Crypto Crash 2022 Buy For Massive Bull Run Profits!

August 14, 2022

How Eco-Friendly Is Crypto? A Look At Proprivex, Ethereum, and Bitcoin

August 14, 2022

Earn Rewards From Quilvius Using Bitcoin

August 13, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win
  • Bitcoin Casino Reviews

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.