According to Shinam Arora, the Chief Operations Officer of the HyFi Blockchain, the collaboration will see NexBloc provide HyFi with several of NexBloc’s proprietary blockchain top-level domains (bTLD) starting with .hyfi.
The Hybrid Finance (HyFi) Ecosystem comprises a network of blockchains with zero transaction fees, high transaction speeds, and full support for KYC, AML & CFT.
NexBloc will operate the bDNS on HyFi’s Blockchain and share token reward systems with their users. The initiative will also ensure that domain names act as authentication across apps within an ecosystem for owners and their assets.
According to Dana Farbo, Founder of NexBloc, “NexBloc is building the next generation of the Internet with blockchain DNS (bDNS) at the core and cross-chain interoperability. Blockchain digital entities tied to the decentralized web is the future of personal data protection and use”.
The testnet of HyFi Blockchain is live. For details, see:
The mainnet of HyFi Blockchain will go live on 31st January 2021.
Contact: Shinam Arora
Chief Operations Officer