CJ - Cryptocurrency Specialist
Today, Klaytn and Parity Technologies announced a significant partnership. According to Klaytn, this partnership will enable it to achieve its objective of being the blockchain of choice for global gaming and metaverse enterprises. The blockchain network Polkadot has made Parity a leading provider of blockchain infrastructure. Parity is a blockchain infrastructure provider best known for the blockchain network Polkadot, and Klaytn is a modular, open-source public blockchain.
Klaytn-Substrate, a Substrate-based Klaytn chain, will purportedly be built in collaboration with Parity and Klaytn. This chain will first function as an alternate implementation of the Klaytn specification as well as a sidechain to Klaytn's main chain, according to the pair.
Klaytn-Substrate will be connected to Polkadot and the Klaytn mainnet in order to serve as an intermediate environment where collaborative technology, corporate, and community efforts may come together in new and exciting ways.
The partnership with Parity, according to David Shin, head of global adoption at Klaytn Foundation, was in accordance with their objective of creating an interoperable blockchain platform for the metaverse.
Klaytn-Substrate will allow developers to create dApps in a multi-chain environment and investigate collaborative use cases across the Klaytn and Polkadot chains. Parity Technologies' VP of Ecosystem Development, Omar Elassar, is equally ecstatic about the relationship. "We're looking forward to working with Klaytn to assist in its further growth as a significant player in the metaverse and gaming." "The Klatyn team recognizes that Substrate is the best SDK for exploring technical and business use cases," Elassar stated.
The Klaytn-Substrate will also serve as a major "canary network," according to the researchers. Notably, once the Klaytn-Substrate chain is live, the partnership will continue with the creation of new dApps for the chain, and the multichain launch of current Klaytn and Polkadot apps. The Parity and Klaytn teams announced that they will collaborate to extend the network of businesses built on the Klaytn-Substrate platform, fostering a varied range of service providers and a robust and highly functioning business environment.
To get yourself involved with the Polkadot Ecosystem and crypto market investment visit a cheap cryptocurrency exchange platform – BC Bitcoin. Here dedicated team members can assist you with crypto asset management and provide useful tips and information when it comes to Polkadot.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards