VALLETTA, Malta, Feb 12 (Bernama-GLOBE NEWSWIRE) — OKEx (www.okex.com), the world largest cryptocurrency spot and derivatives exchange, announced the launch of OKChain, an OKEx-owned commercial public blockchain, in order to contribute to the community with more decentralized applications. At the same time, OKEx also rolled out OKEx DEX, the first decentralized application based on OKChain. To ensure a better trading experience and liquidity, OKEx DEX supports real-time settlement in a trustless environment.
OKChain is a Cosmos SDK-based public chain developed by OKEx. It supports various decentralized applications and allows users to issue their own cryptocurrencies, create trading pairs, and trade freely on it. Thanks to its multi-chain structure, the efficiency and scaling of application development are significantly improved. OKChain separates data into three layers: block, operations and off-chain data, which can improve the system consensus speed and expand data dimensions on chain.