London Block Exchange (LBX), an exchange that deals with cryptocurrencies, has revealed that it will be collaborating with DADI, a web service platform which runs on the Ethereum blockchain. The companies will be partnering up to bring together their respective technologies, with LBX serving as a platform on which customers of the DADI network can make fiat trades and DADI providing its dApps including API, Web, and CDN to be incorporated into the LBX ICO website.
Through the listing of the DADI token, LBX will drive forth instantaneous conversions between fiat currency and DADI for the customers that want to acquire products and services from the DADI network. This process will help the adoption of cryptocurrencies in the mainstream enterprise sector in a facile manner.
For the duration of its impending ICO (which will take place in August), LBX will also incorporate three important dApps that have been developed by the DADI platform. The apps in question are DADI API, DADI Web, and DADI CDN. These applications will help the site achieve optimal performance during its token sale phase. The company is looking into using DADI technology for its exchange services.
“We are delighted to be working with the London Block Exchange to deliver seamless transactions for DADI network customers and support great British talent. That DADI technology will be used to power a second ICO after the success of our own is also a pleasure. We look forward to working with the LBX team,” said the CEO of DADI, Joseph Denne.
Denne continued to state the following: “LBX is excited to be working with leaders in the wider UK startup scene and to make use of proven technology. By offering the first DADI-GBP pairing, we can help stimulate the market for both enterprise, institutional and retail customers of this highly regarded utility token.”