Categories: Blockchain News

GMEX to use IBM blockchain for GMEX Fusion

GMEX is taking help from IBM blockchain for GMEX Fusion, it’s their newest technology that offers a range of crypto trading solutions. When it comes to crypto trading, IBM is a key player and technical innovator that the industry looks up to. Using IBM Blockchain Platform as GMEX Fusion’s backbone, things are getting exciting.

GMEX is popular among custodians and exchanges due to its powerful distributed ledger access that supports multiple transactions across various cryptocurrencies. GMEX tech is used by DAG Global to trade cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) on Kraken and Coinbase exchanges.

GMEX Fusion takes crypto trading a notch above making it fun! It combines industry-grade tools with current solutions to create a synchronized platform in a synchronized environment that can be accessed by pro and novice traders alike. They can undertake numerous trading activities all under the umbrella of GMEX Fusion.

Powerful IBM blockchain for GMEX Fusion

Creating hybrid crypto technologies is the key to IBM Blockchain Platform. It handles multiple financial assets altogether, including tokenized commodities, cryptocurrencies, security tokens, etc. The fundamental principle behind it is ‘Hyperledger Fabric’ that works, governs, and builds powerful blockchain networks.

The Chief Executive Officer of DAG Global, Sean Kiernan, says that IBM-GMEX partnership is a perfect recipe for successful live transactions. It offers multiple exchange trading along with with over-the-counter (OTC) off-exchange trading. A sole product can consolidate all your trading actions to deliver a coherent settlement simultaneously.

Vice president at IBM Blockchain Technologies, Jerry Cuomo, comments applications such as IBM blockchain for GMEX reflects its ability to provide ground-breaking alternatives to the industry. This collaborative effort will help amalgamate old and new crypto technologies.

GMEX officials, too, agree that this partnership will help create more such technologies in the future to address the ever-increasing demand for a professional-grade solution to crypto trading issues. Using IBM blockchain for GMEX Fusion only pushes the boundaries for accessing highly liquid markets under a uniform, coherent settlement and clearing product.

Gurpreet Thind

Gurpreet Thind is pursuing Masters in Electrical Engineering at University of Ottawa. His scholarly interests include IT, computer languages and cryptocurrencies. With a special interest in blockchain powered architectures, he seeks to explore the societal impact of digital currencies as finance of the future. He is passionate about learning new languages, cultures and social media.

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