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OKX To Launch OKBChain in Q1-2023

Come the first quarter of 2023 and OKX will go ahead with the launch of OKBChain. The aim is to foster the growth and development of the crypto sphere while driving the adoption of cryptocurrency. It would further help the ecosystem expand in terms of decentralization. Segregation with OKXChain has been marked by OKX by highlighting that both protocols serve different purposes.

OKBChain is destined to provide business solutions to businesses and organizations, while OKXChain will retain the role of enabling the community to develop and deploy decentralized applications on the network. Star Xu, Founder & Chief Executive Officer of OKX, has also clarified that while OKXChain has been built by the community as a proof-of-stake blockchain, OKBChain has been developed by OKX, and it would be operated by the firm only.

(By David Cox)

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