The VeChain-based OceanEX digital currency exchange is slated to begin alpha testing this November. Pre-registration began on October 22, though new users are still encouraged to sign up in the coming days.
How OceanEX Works
OceanEX is built for the VeChainThor ecosystem. VeChainThor is a Blockchain-as-a-Service (BaaS) platform working to create a “trust-free and distributed business ecosystem to enable transparent information flow, efficient collaboration and high-speed value transferring.”
While only around for 2 years,VeChain has already been implemented into several industries including logistics, agriculture, food and drugs, luxury goods, and international government systems. Using VeChain, one can track items through a supply chain to ensure the quality and authenticity of items and maintain quality control.
Those interested in signing up for the alpha testing of OceanEX are required to undergo basic know-your-customer (KYC) protocols. This includes uploading proof of…