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TROY and Wanchain partners to build a frictionless cross-chain trading ecosystem

By Inkarias - 2019-12-21

TROY, the global prime broker specialized in crypto trading and asset management has recently announced a strategic partnership with Wanchain, a new distributed financial infrastructure that records cross-chain and intra-chain transactions. Wanchain now is also the tenth member of the “Global Ecological Community Program” launched by TROY, which is designed to break the trading barriers of crypto assets and build a frictionless, integrated crypto asset trading ecosystem accessible to everyone. TroyTrade will join the cross-chain node of Wanchain network as well. TROY, derived from Troy Network, will work closely with Wanchain in devoting R&D resources towards inter-chain interoperability application in the decentralized trading and settlement protocol layer. Through this partnership, TROY could leverage Wanchain’s advanced technology on cross-chain interoperability, which allows Troy Network to build a fast and secure decentralized exchange protocol. Simultaneously, TROY could provide Wanchain with the most promising application scenarios, like trading marketplace and settlement network. The whole partnership is a great scenario for both projects in order to reach global adoption.

Besides the technical implementations in which Wanchain’s interoperable architecture will benefit Troy Network in terms of high transaction speed, low latency and security, Wanchain also is excited to cooperate with TROY on the building of a comprehensive decentralized trading and settlement ecosystem that redefine trading and achieve the shared long-term ambitious vision through close collaboration with cross-chain interoperability.

- shared Oliver Birch, global marketing VP of Wanchain.

In Troy Network, the whole system architecture consists of four layers, including the public chain protocol layer, the off-chain trading layer, the settlement network layer and the application layer. In order to improve users’ trading experience, Troy Network will closely work with Wanchain to integrate the most effective cross-chain mechanism, supporting the application layer on Troy Network to optimize the trading process.

More details on this partnership at https://troytrade.com/