China Daily Global Edition (USA)

BitMax.io, the Innovative Digital Assets Trading Platform, Partners with Lambda, a Blockchain Infrastruc­ture and Storage Solutions Provider

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BitMax.io, widely regarded as a top-tier and highly innovative cryptocurr­ency trading exchange, recently struck a strategic partnershi­p with Lambda, a blockchain infrastruc­ture project that builds scalable blockchain solutions, decentrali­zed applicatio­ns (DAPPs), data storage with unlimited scalabilit­y, and more. In this partnershi­p, BitMax.io will manage Lambda’s primary token listing on the BitMax.io global platform. Details regarding release dates, trading pairs, and other relevant informatio­n will be announced over the upcoming weeks on Bit0D[ LR¶V RI¿FLDO FKDQQHOV

This project holds a great deal of potential, and it brings together two pioneering players LQ WKH ¿HOGV RI EORFNFKDLQ DQG cryptocurr­ency exchange. By leveraging the strategic experWLVH RI %LW0D[ LR LQ WKH ¿HOG RI crypto trade and investment and by launching its digital token on the BitMax.io platform, Lambda will be able to continue focusing on the developmen­t of innovative blockchain ecosystems and advanced architectu­re designs while continuing to work on and improve user experience­s and feature-rich solutions across the ¿HOGV RI GDWD VWRUDJH $, SXEOLF data access, and more.

The listing and future collaborat­ion with Lambda also bene¿WV %LW0D[ LR E\ EHLQJ WKH H[change of choice by a project as well-funded as Lambda, and by being able to work in close collaborat­ion with another highly regarded blockchain company, BitMax’s credibilit­y as a reliable strategic partner is considerab­ly strengthen­ed, and it attests to BitMax’s ability to provide trading services as well as technical expertise to blockchain clients.

There are many similariti­es between both companies, each of which makes this partnershi­p even more interestin­g.

BitMax.io is a respected global operator of digital asset trading services that caters to a wide range of clients, both private as well as at the institutio­nal level. It was founded using blue-chip investment­s from the very best YHQWXUH FDSLWDO ¿UPV LQFOXGLQJ Bitmain, FBG Capital, Matrix Partners China, and more. Since its launch in August 2018, BitMax.io has enjoyed considerab­le success, growing its user base to over 50,000 and providing 25 active trading pairs to the public, with new trading pairs and listings currently under review.

Very similar to BitMax.io, the Lambda project is also highly regarded in crypto and blockchain circles, and it also received an enthusiast­ic response from venWXUH FDSLWDO ¿UPV ,W WRR ZDV funded by Bitmain and FBG Capital, along with Metropolis VC, INBlockcha­in, NEO Global Capital, and more. Overall, the project raised several million dollars in funding, making Lambda one of the most dynamLF DQG KLJK SUR¿OH HQWUDQWV WR WKH crypto space in recent memory.

Much of the attraction in using BitMax.io’s services come from the fact that BitMax.io relentless­ly focuses on transparen­cy, high-performanc­e, security, and liquidity. Furthermor­e, it has a truly global team that has consistent­ly raised the bar in terms of reliabilit­y and client services. By providing 24/7/365 global trading services, real-time settlement, trading fees of 0.04% – the lowest in the industry – not to mention the introducti­on of innovative trading models such as trans-fee-mining in which traders can actually earn revenue via trading on the BitMax. io platform, choosing BitMax. io for the Lambda listing was an easy choice to make, and LambGD ZLOO EHQH¿W IURP WKH H[SRVXUH it receives as a high-priority listing on the BitMax.io platform, further solidifyin­g its brand as a key player in the blockchain and DApps spaces.

As BitMax.io innovates in the ¿HOG RI FU\SWR WUDGH DQG LQYHVWment, Lambda innovates in the ¿HOGV RI VWRUDJH DQG GDWD VKDULQJ

Using implementa­tions of Lambda Chain and Lambda DB, Lambda is redesignin­g blockchain-based storage by achieving multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession (PDP), and distribute­d intelligen­t computing, all of which are bleeding-edge FRQFHSWV LQ WKH ¿HOGV RI EORFNchain data transmissi­on and storage. Lambda differenti­ates itself from most blockchain applicatio­ns by building a datastore infrastruc­ture for blockchain­s, which is provided with a plurality of its own chains for charging, transactio­ns, encryption, and access control. It achieved this using academic research and engiQHHULQ­J YHUL¿FDWLRQ HOLPLQDWLQ­J the problems of decentrali­zed storage, while addressing critical issues in cloud computing such as Provable Data Possession (PDP) and Proofs of Retrievabi­lity (POR), facts which make Lambda unique.

Beyond the partnershi­p, BitMax.io and Lambda continue their work in their respective ¿HOGV %LW0D[ LR PDLQWDLQV LWV focus on solving the most pressing problems and challenges facing traders and investors today in the exchange space, such as low transactio­ns per second, an inability to execute large volumes of trades, high trading fees, a ODFN RI HI¿FLHQW RUGHU PDWFKLQJ systems, and clunky user interfaces. BitMax.io, as a conglomera­te entity comprised of three different exchanges, focuses on providing high-end services to users across the United States, the European Union, and much of Asia, something that no other exchange currently does effectivel­y, and it has the right team and the right resources to bring about transforma­tional changes to the crypto exchange indusWU\ E\ UHGH¿QLQJ HI¿FLHQF\ LQ D highly unregulate­d market, and by continuous­ly developing new and innovative solutions to trading, such as the trans-fee-mining model described above.

As for Lambda, since the partnershi­p with BitMax.io has EHHQ FRQ¿UPHG DQG WKH WZR companies will work together on Lambda’s primary listing on the BitMax.io digital exchange, the company can now continue its efforts developing safe, scalable blockchain infrastruc­tures, decentrali­zed applicatio­ns (DAPPs), and unlimited data storage solutions, and Lambda’s upcoming debut on the BitMax. io digital exchange is a new and exciting developmen­t for this space as a whole.

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