Wednesday, 16 September 2020

ROXE CHAIN FOUNDATION LAUNCHES SUPERNODES PARTNER PROGRAM TO POWER A NEW PARADIGM FOR GLOBAL VALUE EXCHANGE

Roxe Chain Infrastructure Powers Fast, Secure, and Cost-Effective Value Transfer Applications Anywhere in the World

SINGAPORE, Sept 11 (Bernama-BUSINESS WIRE) -- Roxe Chain Foundation Limited, a Singapore non-profit that owns and operates the Roxe Chain blockchain, today announced its Supernodes Partner Program outlining its key benefits and requirements, as well as how companies can apply to become a supernode. Roxe Chain technology powers third-party applications to transfer value as instantly as information is transferred over the Internet, helping major banks, financial institutions, and consumers to move value much faster and more cost-effectively.

Roxe Chain is the infrastructure of third-party value transfer solutions, powering applications such as Apifiny Inc.’s Roxe Global Instant Settlement Network. In addition to supernodes, the Roxe Chain Foundation plans to activate additional network nodes over time, making Roxe Chain even faster and more decentralized, secure, and reliable.

What is a Supernode?

Roxe Chain supernodes are highly connected network nodes that provide computing power to ensure efficient operations for the entire Roxe Chain network. Responsibilities include block production, bookkeeping, and real-time recording of account books. For a detailed description of the Roxe Chain, please refer to the Roxe Chain website.

Benefits for Supernodes

A maximum of twenty one (21) supernodes will govern and maintain the Roxe Chain across the globe. The main benefit of becoming one of Roxe Chain’s 21 supernodes is a financial incentive. Each supernode will earn 1 percent of the total revenue from sending transactions using the Roxe Chain. The Roxe Chain Foundation will pay the 1 percent revenue share to each of the Roxe Chain supernode organizations on a monthly basis.

Another key benefit for supernodes is recognition as an innovative leader in the blockchain and cryptocurrency ecosystem, especially in global instant settlement and cross-border payments.

Starting today, institutions can apply to become a Roxe Chain supernode here

http://mrem.bernama.com/viewsm.php?idm=38108

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