TROY announces partnership with Aergo to optimize its settlement protocol
On 7th April 20202, Troy a global broker and asset management company announced its strategic partnership with Aergo, an open-source framework platform that provides technological solutions and toolkits for secure and efficient sharing of data with third parties. The collaboration is aimed at optimizing troy’s decentralized trading and settlement protocol where Troy would be able to increase its transaction settlement speed and eliminate any forms of processing and settlement errors. Troy would be adopting Aergo’s public ledger for the optimization of its trading and settlement protocol. Further, Aergo’s scalable and developer-friendly framework would enable the troy network to increases its efficiency.
Aergo would be the blockchain layer or framework on top of which the Troy network would function. Aergo is the 13th member to join the Global Ecological Community program which has been launched by Troy. The aim of the Global Ecological Community program launched by Troy is to break the trading barriers of cryptocurrencies assets and to build a frictionless, integrated and scalable crypto asset trading ecosystem. The ecological program has various members such as Celer Network, Chainlink, Wanchain, etc.
Troy has partnered with around 13 blockchain startups sofar ranging from exchanges, projects, media and communities in the blockchain industry. On 19th Dec 2019, Troy had partnered with Wanchain to build a cross-chain platform by leveraging the cross-chain interoperability which will allow troy to build an efficient and secure decentralized trading protocol. The troy team is aggressively expanding its ecosystem to survive and stay relevant in the ever-competitive space of cryptocurrency trading.
Photo by Chris Liverani on Unsplash
Disclosure -The writer does not have any business relationship or monetary holdings related to any of the companies mentioned hereabove.