Israel-based developer of blockchain applications, Kirobo, announced its integration with the well-known Binance Smart Chain (BSC) and the addition of blockchain guru Dr W. Scott Stornetta to its advisory board today. The company highlighted its plan to expand services in the future through the creation of a multi-chain service suite.<\/p>\n
The integration with the hugely popular Binance Smart Chain will enhance the reach of Kirobo\u2019s Defi applications. Moreover, Kirobo\u2019s collaboration will facilitate the company\u2019s goal of providing efficient services to users in the global crypto ecosystem.<\/p>\n
The integration will provide several opportunities to the Binance Smart Chain users as they will be able to take advantage of Kirobo\u2019s innovative products for cryptocurrency management.<\/p>\n
Kirobo\u2019s Undo Button has been making considerable waves in the crypto community, Having safely processed $1.7 billion worth of crypto transactions, its revolutionary ‘undo button’ is believed to have rescued $7 million in recalled transactions on the Ethereum network. In addition, the company\u2019s P2P Swap Button\u00a0provides a high level of security to direct token Swaps.<\/p>\n
Launched in September 2020, BSC is one of the most popular services of cryptocurrency exchange Binance. BSC has already overtaken Ethereum in terms of the number of transactions per day. The integration connects Kirobo services with WBNB and BUSD, the two main gateway tokens to the BSC network. Moreover, the users of BSC can now use Kirobo\u2019s services with a wide range of digital currencies.<\/p>\n
“Ethereum is a powerful platform, but as it struggles with throughput, exciting alternatives have appeared. People want to take advantage of them safely and effectively,” said Asaf Naim, Co-Founder and CEO of Kirobo. “By integrating with arguably the world’s most promising smart contract-capable blockchain, we’ve extended the reach of our services to a much broader section of the crypto ecosystem. It’s just one milestone in our roadmap towards multi-chain support for all our current and future products.”<\/p>\n
In the latest press release exclusively shared with Finance Magnates<\/em>, Kirobo announced that the company has added Dr W. Scott Stornetta, known as one of the founding fathers of blockchain technology and cryptocurrency, to its advisory board. In the last few years, Stornetta contributed considerably towards the development of the cryptocurrency market through research and consultation. “We are honored to welcome Dr Stornetta to our team. His importance to the cryptocurrency ecosystem can’t be overstated,\u201d said Tal Asa, Co-Founder and CTO of Kirobo.<\/p>\n