Quant (QNT) and Chainlink (LINK) have been in the news lately due to their recent developments and tie-ups. However, the new blockchain-based trading platform, TMS Network (TMSN), will likely steal their spotlights soon.
Learn more about the trading platform in the below-shared information.
Chainlink (LINK) Plans To Serve Leading Electronic Market Infrastructure And Information Providers
Chainlink (LINK) recently announced its association with TP ICAP to enable the blockchain ecosystem to leverage high-quality forex data. The Chainlink (LINK) will provide TP ICAP the capability to support over 960 pairs.
Additionally, Parameta Solutions will provide the obtained forex data to Chainlink (LINK) decentralized oracle networks. Thus, it will support the tamper-proof oracle reports generation.
Chainlink (LINK) developers will be able to access proprietary foreign exchange market data by TP ICAP. It will help them build various secure smart contract apps.
The company seeks to build a high-end decentralized financial market, and Chainlink (LINK) is the perfect choice to provide fundamental building blocks to the Web3 ecosystem. Using Chainlink (LINK) to provide forex pricing data will allow TP ICAP to extend its coverage.
Moreover, Chainlink (LINK) has already delivered 5 billion data points to applications on Web3’s most significant blockchain environments. The aggregated Chainlink (LINK) price feeds will be available to the broadest network of developers.
Quant (QNT) Network Shares Views On Smart Contract Safety
Quant (QNT) owners shared their opinion on the security of smart contracts on Twitter. They posted an article that suggests smart contract codes should be tested thoroughly and validated externally. Quant (QNT) community supports the use of cybersecurity best practices and continuous improvement and development processes to ensure smart contracts’ safety.
The article shared by Quant (QNT) talks about the application of burn and mint flow to ensure safer digital asset transfers. It will ensure that only a single token version exists across the network. Quant (QNT) developers suggest this method as it burns the token on the origin chain, and mints it on the destination chain.
Another method supported by Quant (QNT) is using trusted execution environments. It indicates the use of isolated software and hardware from the different blockchain ecosystem’s parts to store private keys. Quant (QNT) states that this kind of custody environment provides an extra security level for asset transfer.
Quant (QNT) has expertise in the international standard development space for asset transfer bridges. Thus, its suggestions on smart contracts safety and asset transfers have been receiving traction in the crypto community.
Quant (QNT) currently has a live price of $129.78, which is 4.82% down in the past 24 hours.
TMS Network (TMSN) Commits To Promoting Financial Literacy Among Its Traders
TMS Network (TMSN) is a unique and flexible trading platform that allows both crypto and conventional traders to participate in its network. Users can access exclusive educational resources created by TMS Network (TMSN) to enlighten themselves about decentralized trading’s best practices.
The experts in TMS Network’s (TMS) community have ensured to provide financial literacy in multiple media formats to make the content engaging and relevant. These include articles, videos, and tutorials. The main purpose of this approach is to make TMS Network (TMSN) users understand the market in-depth, and make informed decisions.
Additionally, TMS Network (TMSN) brings decentralization into the traditional trading system to reduce the traders’ dependency on the centralized system. The platform will make all transactions secure, transparent, and changeless. Thus, TMS Network (TMSN) will successfully promote financial stability and gain traders’ trust in the platform. Conventional traders who invest in CFDs, Forex, and Stocks will gain access to high-profile trades through TMS Network (TMSN) without any censorship. Undoubtedly, the platform can be a game-changer for traditional traders.
Currently, TMS Network (TMSN) is under development, and will be launched soon. So, stay updated with its latest news to leverage its benefits at the right time.
You can find out more about TMS below:
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