LINFINITY Announces the Launch of its Token on Bit.cc

October 25 07:50 2018

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LINFINITY listed its token, LFT, on Bit.cc Exchange on 22 October, 2018 (Singapore Time). Deposit of LFT at Bit.cc will open on 22 October, 2018, and transaction and withdrawal of LFT will open on 24 October, 2018. Trading pair of LFT/CNC is available on Bit.cc.

LINFINITY, founded in Singapore, is the world’s first distributed supply chain platform based on Blockchain, Internet of Things (IoT) and big data technology, aiming to build a reliable and traceable anti-counterfeiting supply chain ecosystem underlying blockchain technology.

The core solution of LINFINITY anti-counterfeiting traceability technology is to use blockchain technology to build a more transparent, secure, detectable, certifiable and traceable supply chain ecosystem. Currently, LINFINITY is customizing blockchain-based supply chain management solution for several clients, including healthcare, haircare and facial mask products.

After a months-long commercial on-the-spot investigation on Scientific Tradition’s products and supply chain management system, LINFINITY’s DApp Beta 1.0 customized for Scientific Tradition was officially launched in October. In version 1.0, LINFINITY built a decentralized information management system for Scientific Tradition to complete the information uploading process. In this system, product details, including the information of raw materials, origin, date of manufacturing, batch number, logistics flow and distribution channels, all of which are recorded transparently and securely in LINFINITY blockchain. In the near future, customers can check the details of the product by scanning QR code with LINFINITY DApp to identify the authenticity. This blockchain-powered user experience also symbolizes a milestone for the commercialization of LINFINITY technology, which means that LINFINITY’s anti-counterfeiting traceability technology has entered a new stage of full-scale commercialization.

It is worth noting that every enterprise user working with LINFINITY will join LINFINITY’s ecosystem. When an enterprise activates service from LINFINITY, it needs to consume LFT for such service. The more LFT used by the enterprise, the more valuable LFT is, as the total supply of LFT stays at an unchangeable figure. In other words, the more enterprises enter the LINFINITY ecosystem, the greater the demand for LFT will be, and the commercial value and usability of LFT will be fully reflected.

In the next quarter, LINFINITY will continue to promote the blockchain commercialization through dialogues with different industry experts, leaders and blockchain enthusiasts to bring more people to understand the true value of blockchain. “Although blockchain has a certain relationship with cryptocurrency, we should not limit ourselves to the nature of cryptocurrency. More and more companies are starting to focus on its commercial value. LINFINITY, as a pioneer of blockchain technology in supply chain industry, has always been guiding people to correctly view blockchain technology transformation in various industries and the commercial value it brings through in-depth discussions between different industries.” – Anndy Lian, CEO of LINFINITY said in an exclusive interview with Forbes.

About LINFINITY:

As a credible distributed business platform underlying Blockchain, Internet of Things and Big Data technology, employing a guideline of “Internet of everything and sharing with mutual trust”, LINFINITY is a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.

About Bit.cc:

Bit.cc (www.aex.com) is a global and professional Digital Asset Exchange Platform, including information, exchange and financial services. It also provides digital asset exchange and Blockchain technology services. It is operated by Bit World Investments Limited and has gained a good reputation in the industry with professional management team, strict capital management system and considerate service.

For more information about LINFINITY and their future activities, please visit www.linfinity.io or contact [email protected]

Media Contact
Company Name: Linfinity Pte Ltd
Contact Person: AC
Email: Send Email
Country: Singapore
Website: http://www.linfinity.io/

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