Bithumb Chain is Releasing a New ‘Exchange-as-a-Service’ to Allow Users to Create DeFi Apps

Bithumb’s new blockchain platform, Bithumb Chain, is launching a new exchange-as-a-service platform that enables users to create their own decentralized exchanges and develop DeFi applications. Bithumb, a prominent South Korean crypto exchange, has recently announced its new “exchange-as-a-service” platform, which is powered by the company’s own blockchain tech, Bithumb Chain. The product was announced this…

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 13, 2018. REUTERS/Dado Ruvic/Illustration

Breakingviews – Blockchain will finally make itself useful

After all the hype, blockchain is due for a breakthrough in 2019. Banks and companies are gradually applying versions of the distributed-ledger technology associated with bitcoin to tasks like settlement. Demonstrating blockchain’s utility, though, will say little about the value of cryptocurrencies themselves. The technology’s potential for recording and sharing data instantly and securely has…