Blockchain News

Troy Trade Announces Collaboration With Aergo to Optimize Settlement Protocol

Crypto asset management and broking firm Troy Trade announced on Tuesday that it had entered a collaboration with scalable hybrid blockchain Aergo. According to the official tweet, the collaboration is aimed at optimizing Troyโ€™s settlement protocol and scalability, making Aergo the 13th project to join the Troy ecosystem.

Aergo is an open-source blockchain network that provides advanced toolkits, hybrid blockchain architecture, and serverless cloud deployment services to various organizations. On the other hand, Troy Trade is a global prime digital asset broker, which also specialized in asset management. In a Medium post by Troy, it said that it would work closely with Aergo to expand the application of the Troy Network to optimize its settlement protocol and scalability. It further said,

Medium post says

Troy also stated that it would help Aergo to enhance its liquidity by providing their settlement network and trading marketplace. Troy said in the post that,

Troy said in the post that

Aergo, in its tweet, stated that it was happy about the collaboration to optimize Troy Tradeโ€™s decentralized trading and settlement protocol. It also said that โ€œTroy Trade will be able to boost its transaction speed significantly as well as eliminate potential processing errors.โ€

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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