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Singapore, one of the fastest-growing countries in the world of blockchain, is strengthening its position as a key player in Asia, which is inextricably linked to the Singapore government’s longstanding tolerance of high-tech cutting-edge technology. The Government of Singapore has implemented strong incentives for blockchain innovation, with its Central Bank confirming that it will use blockchain technology for its international payments operations in an effort to address the challenges of improving efficiency. Singapore actively aligns with other countries to jointly promote blockchain technology, e-payments, and other financial technologies.
It is no surprise, then, that LINFINITY is already expressing great interest in the Singaporean finance scene. In such an environment, LINFINITY aims to promote their own system – LINFINITY Token – on a step-by-step basis. Officially, LFC will enter the IMX trading platform on February 1, 2019, opening a new phase of its strategic development.
The IMX Exchange, headquartered in Singapore, is a globally distributed node platform based on the blockchain spirit. It supports the trading of fiat currency in Singapore and is the first decentralized exchange to support blockchain enthusiasts in the world. Last August, IMX launched its super wallet, which combines airdrops, the C2C market, which is to redefine a new ecological circle for the exchange, advocating the ownership and free circulation of digital assets, based on the core idea that personal assets are sacred and inviolable.
“Our launch on the IMX is an important footprint of LINFINITY’s presence in the Singapore market,” LINFINITY CEO Anndy Lian said in a dialogue with IMX CEO DESM. “LINFINITY will provide more commercially-valuable applications to the Singapore market by piloting and promoting the rich commercial resources and blockchain commercialization experience we have accumulated in recent times.”
LINFINITY has been active in the Singapore market since its inception, with its headquarters based there. As LINFINITY’s first commercial pilot brand, local Singaporean health care brand, Scientific Tradition, completed information co-chaining to the LINFINITY blockchain platform in November 2018. With this initial success under their belts, LINFINITY looks forward to working with more Singaporean companies in new 2.0 resurgence into the country’s market, in the effort to provide better service.
IMX CEO DESM points out that in the world of blockchain, every team is looking to overtake at every corner they encounter. “In this new industry, ambitious teams are needed, and only enough ambition is needed to reach the future, and LINFINITY exemplifies that ideal.”
LINFINITY has been carring on its commitment to addressing the pain points in the supply chain industry. The listing of LFC on IMX is a milestone for LINFINITY to further enhance its market position in Singapore by integrating business users and costumers in a wider linkage.
As a credible distributed business platform underlying Blockchain, Internet of Things and Big Data technology, employing a guideline of “Internet of everything and sharing with mutual trust”, LINFINITY is a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.
IMX (www.imx.com) was incorporated in Singapore on April 26, 2018. It is the world’s first super-node self-managing community digital asset trading platform. The community is spread across Singapore, South Korea, France, Malaysia and other ten over countries in the world.