AllianceBlock and MEXC Global Enter a Strategic Partnership for Nexera ID and Data Tunnel Integration
AllianceBlock is pleased to announce a strategic partnership with MEXC Global, one of Asia’s top crypto exchanges. Founded in 2018, MEXC is a cryptocurrency exchange that uses high-performance trading technology, catering to more than 10 million users in over 170 countries. Its multi-layer, multi-cluster system architecture features capabilities such as spot and margin trading, leveraged exchange-traded funds (ETFs), perpetual futures, NFT indices, portfolio management and more.
This partnership will see MEXC integrate Nexera ID into services offered by MEXC. NexeraID is an identity verification platform that enables companies to easily onboard users to Web3 using self-custodial or custodial wallets and integrate complex compliance workflows, all while preserving the security of users’ identities and assets. Possible integrations will explore using Nexera ID’s feature set to enable complex compliant workflows and business rules in MEXC services while giving their users full control over their assets and identity information.
Moreover, this partnership will tap into existing synergies between AllianceBlock and MEXC Global to integrate and utilize Data Tunnel technology into possible future services and solutions. Data Tunnel is a blockchain-powered data marketplace where consumers can monetize their data, subscribe or contribute to existing datasets, or combine and refine them to build more comprehensive ones. The Data Tunnel is the first step for AllianceBlock into building a global #DataConomy, leveraging decentralized technology to provide on-chain and off-chain data that multiple industries, including cryptocurrency exchanges, can leverage.
“We are excited to work with MEXC Global to explore possible ways they can leverage our wallet and identity solutions through Nexera ID and data infrastructure through Data Tunnel into their offerings. MEXC is one of the leading cryptocurrency exchanges globally. AllianceBlock technology will boost their services and offerings for their users,” said Matthijs de Vries, Founder and CTO of AllianceBlock. “MEXC is a strategic partner as we embrace complaint decentralized solutions and pave the way for the new Data Economy.”
Regulatory and compliance standards for blockchain and DeFi are quickly evolving worldwide and are necessary for greater technology adoption. Solutions like Nexera ID enable businesses to create complex compliance workflows for their platforms and services and allow their users to control and custody of their assets and identity information.
In addition, transparency built on decentralized ledger technology is a growing development area, not just in the space but in multiple industries. Leveraging an interoperable and blockchain-powered framework for publishing and monetizing data will allow industries and businesses to tap into the power of data to improve their business workflows and enrich their service offerings by utilizing rich and comprehensive data.
MEXC Global is a leading exchange and, as such, is leading the industry in providing innovative solutions to its users. AllianceBlock’s partnership with MEXC will see the integration of Nexera ID and Data Tunnel into their solutions. It will further expand on our goals of encouraging space adoption by providing compliant DeFi solutions and building the new #DataConomy.
About MEXC Global
Founded in 2018, MEXC Global is a centralized exchange that employs a high-performance mega-transaction matching technology. The CEX platform is run by a team of professionals with extensive financial industries and blockchain technology experience.
MEXC Global also offers different languages catered for investors from different jurisdictions. MEXC Global offers a high-performance trading engine that developers with expertise in banking technology developed.
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About AllianceBlock
AllianceBlock is an infrastructure provider for decentralized tokenized markets. It empowers businesses with liquidity provisioning and allows them to compliantly issue, manage, and trade tokenized, digital assets including real-world assets (RWAs).
The AllianceBlock ecosystem of partners, clients, and ventures consists of top stakeholders from the financial industry, as well as the decentralized finance (DeFi) sector. Their unique product suite complies with global regulations and seamlessly integrates with legacy systems.
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