Place/Date: - November 29th, 2021 at 2:00 am UTC · 3 min read
Contact: AscendEX, Source: AscendEX
Rizon is a Tendermint-core-based blockchain platform that develops modules to support the transformation of off-chain services into on-chain services. These modules provide users with blockchain-based services, boosting the inflow of ecosystem participants and the diversification of businesses that utilize the platform.
The mission of Rizon is to provide a platform for businesses to interoperate with each other through the Cosmos IBC (Inter-blockchain communication) module. Additionally, Rizon offers a venue where users and projects can securely issue fiat currencies around the world. The interoperability between sovereign blockchain networks and the creation of an environment for these networks to leverage a vast pool of liquidity are key differentiating features for Rizon to cater to the business needs of individual projects.
Rizon aims to become the stablecoin hub for digital asset exchange and businesses seeking on-chain services by improving payment system inefficiency. They plan to decrease the intervention of intermediaries and maximize profitability through low payment fees. Rizon also enhances businesses’ horizontal scalability and offers borderless connections with the interoperability of user bases.
Rizon is a public blockchain governed by its native token, ATOLO. Token holders have the right to participate in all levels of protocol governance that can impact the operation of the network. The community strictly governs the Rizon platform as a decentralized network with an incentivized participation structure that punishes malicious actors and rewards contributing actors.
AscendEX is a global cryptocurrency exchange with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions.
AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage.
Rizon blockchain is a Tendermint-core-based Blockchain that develops modules that support the transformation of off-chain services into blockchain-based services. These modules offer users blockchain technology services, boosting the inflow of ecosystem participants and the diversification of businesses.