OKEx Partners with FirmaChain

OKEx (www.okex.com), the spot and futures digital asset exchange by trading volume, announced a partnership with FirmaChain, a blockchain-based electronic contract platform. Through this partnership, customers can use OKEx's global utility token, OKB, for purchases on FirmaChain.

OKEx (www.okex.com), the spot and futures digital asset exchange by trading volume, announced a partnership with FirmaChain, a blockchain-based electronic contract platform. Through this partnership, customers can use OKEx's global utility token, OKB, for purchases on FirmaChain. 

FirmaChain uses blockchain technology to bring transparency and verification to contracts while solving issues including forgery. Through its decentralized application (DApp) Duite, FirmaChain reduces processing costs for international contracts by using less resources and simplifying the process, overcoming the current limitations of traditional, written contracts.

"FirmaChain is an excellent company developing real-world applications with blockchain technology and coming up with its groundbreaking e-contracts platform," said Andy Cheung, Head of Operations at OKEx. "We're excited about this partnership that we are able to add FCT, the native token of FirmaChain on the OKEx trading platform, and at the same time, to include OKB for service redemption on the Firmachain network, where users can choose to pay in OKB or FCT when using the e-contract provided by Duite, Firma Solution's service."