ThinkCoin, the native token of blockchain-based trading exchange ‎TradeConnect, ‎has partnered with California-based 0Chain to help scale ‎their platform’s ‎capabilities using 0chain’s decentralized cloud solutions.‎

‎0Chain helps crypto-linked projects create their own chain specific to their needs and ‎optimize their ‎performance, thus it allows TradeConnect network to process ‎a high load of ‎transactions fast by using both private and public blockchain ‎processing.‎

The Silicon Valley startup was in the news earlier this year after it managed to raise ‎a hard cap of $39 million without even launching its ICO. Unlike traditional cloud subscription ‎services, 0Chain enables DApps to move their off-chain code and data onto their ‎decentralized compute and storage platform.‎

TradeConnect, which is aiming to create the world’s largest peer-to-peer ‎multi-asset trading network, will also benefit ‎from the new relationship to ‎‎support high-frequency trading and secure a low latency ‎environment for its ‎‎users.‎ TradeConnect currently offers derivative contracts in CFD, Forex, ‎commodities, equities and crypto-trading markets.‎

The most attractive properties of 0chain solution are fast transaction speed ‎and ‎integrated storage at zero cost to TradeConnect ecosystem. 0chain’s ‎self-forking ‎ability will also help to scale the architecture when the number of ‎transactions ‎increases with the introduction of new products and the growth ‎of ThinkCoin’s ‎community. ‎

Earlier in March, Finance Magnates interviewed CEO of ThinkCoin, Nauman ‎Anees, who exclusively provided some more details about the project.‎

Commenting on the partnership, ‎0chain co-founder Atif Yaqub, said: “0chain is pleased to partner with ‎‎ThinkCoin bringing blockchain to traditional financial markets. 0chain will ‎provide ‎high frequency on chain transactions, giving a fast and flexible ‎solution to ‎ThinkCoin clients.”‎

Faizan Anees, Director and Co-Founder of ThinkCoin, added: ‎“Collaborating ‎with 0chain is a great honor and solid proof that our efforts ‎are recognised by the ‎blockchain community. We look forward to exploring ‎the full spectrum of 0chain ‎protocols in order to make TradeConnect a ‎robust and reliable blockchain-based ‎trading network.”‎

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