Home web3.0 Nabatech Partners with Polkadot (DOT) to Develop CBDC Solutions on Substrate Blockchain

Nabatech Partners with Polkadot (DOT) to Develop CBDC Solutions on Substrate Blockchain

Jun 22, 2024 am 03:02 AM

Nabatech is a collaborative effort by SICPA, an expert in managing the cash cycle for various global central banks and sovereign states.

Nabatech Partners with Polkadot (DOT) to Develop CBDC Solutions on Substrate Blockchain

Polkabot (DOT) investors are advised to diversify their portfolios with new potential investment options, following a market correction that has seen DOT drop more than 8% this week.

One DeFi token that crypto experts are particularly bullish on is DTX Exchange, a decentralized trading platform that has attracted a lot of attention from traders and investors.

Nabatech, a company that helps central banks tokenize assets like digital currencies, digital bonds, and stablecoins, has chosen to use the Polkadot Substrate blockchain framework for their digital asset platform.

This decision came after analyzing seven different platforms to ensure they chose the best for their purposes, which include helping central banks launch their own CBDCs.

Central banks and top financial institutions require a very secure and stable environment because of the sensitive nature of their transactions.

Networks built on the Substrate framework offer robust security features, which include strong cryptography to protect against common security threats.

Polkabot (DOT) Substrate also supports retail and wholesale transactions involving digital currencies and provides a flexible, modular structure that allows central banks to tailor the technology to fit their specific monetary policies and financial strategies.

DTX Exchange Best Bet After Polkadot (DOT)

After the recommendation from the crypto analysts, investors are shifting their money from the Polkadot (DOT) and looking for a better alternative.

Big analysts are betting hugely on the DTX Exchange as an alternative to DOT.

DTX Exchange (DTX) is an innovative decentralized cryptocurrency exchange that combines the best features of centralized (CEX) and decentralized (DEX) platforms.

This new ecosystem allows trading leverage up to 1,000 times, providing users access to a wide range of assets across more than 120,000 financial instruments.

DTX has raised over $700,000 faster than expected, signaling a strong start rarely seen in new projects.

Launched in early April 2024 after a successful private seed funding round, DTX Exchange attracted over 1,000 unique token holders in its initial presale phase.

The tokens were priced at $0.02 each and are currently trading at $0.04.

According to analysts, this price is expected to increase to $0.12 by the end of the presale, potentially yielding a 500% gain.

With such a promising start, DTX stands out as a potential top addition to investment portfolios in the cryptocurrency space.

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

News source:https://www.kdj.com/cryptocurrencies-news/articles/nabatech-partners-polkadot-dot-develop-cbdc-solutions-substrate-blockchain.html

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