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LCX and Hedera Hashgraph Have Entered Into A Strategic Partnership

20 July 2021 12:10, UTC
Anna Martynova

Liechtenstein blockchain innovator, LCX has announced a strategic partnership with the Hedera Hashgraph, a decentralized public network. LCX will extend its Liechtenstein protocol for the Hedera Hashgraph network to set a new standard for security tokens and tokenized digital assets.

As part of the partnership, Hedera plans to leverage the LCX technology infrastructure to expand the Hedera Token Service (HTS) with the addition of a new security token standard and provide users with a secure, reliable, transparent and compliant digital securities infrastructure.

Hedera Token Service (HTS) offers LCX and its customers the ability to issue and configure tokens on the Hedera platform, taking full advantage of Hedera's own performance, stability, security and network management. HTS, combined with LCX Compatible Token Sale Manager, offers a faster and more efficient alternative to smart contract token creation.

Image: LCX