ShareRing Enables Direct $SHR Swapping Between BNB Chain and ShareLedger
From September 22, ShareRing app users can directly swap $SHR between BNB Smart Chain and ShareLedger (SLP3) without first converting to Ethereum ERC-20 token. ShareRing said the decision to slash conversion steps from three to two would drastically boost efficiency, lower the cost of conversion, and save time. $SHR is native to ShareLedger, a Leased Proof-of-Stake blockchain that’s scalable and energy efficient. Compliant with the ShareRing standard, the token is primarily used to pay transaction fees. However, because the token is cross-chain and can be held in various blockchains,....
Related News
ShareRing, a digital identity blockchain ecosystem, will, from September 7, allow its global users to utilize the Near Field Communication (NFC) technology and access enhanced functionalities of the updated FaceMatch feature upon downloading and installing the ShareRing mobile application. In an announcement, ShareRing said users who register with government-issued documents such as national identity and […]
Tripadvisor experience marketplace Viator has partnered with ShareRing to facilitate payments and store travelers sensitive information. Australian-based blockchain company ShareRing has partnered with Tripadvisor experience marketplace Viator to allow users to pay for almost 400,000 tourism experiences with a variety of cryptocurrencies.The ShareRing platform, built on Tendermint, will allow users to book, register, and pay for Viator’s 395,000 global activities and experiences, using local fiat currencies or major crypto assets, including Bitcoin (BTC), Ether (ETH), and its native....
The integration will mean Rakuten Travel Xchange customers can opt to use ShareRing's self-sovereign identity app to access bookings.
The crypto industry is experiencing a massive upswing. With assets like Bitcoin and Ethereum hitting new all-time highs, and other cryptos following in their wake, it seems like a matter of time before mass adoption is imminent. However, the industry needs some technological improvements before it can be broadly accepted by the rest of the world. Namely, it needs cross-chain capabilities. The Cross-Chain Problem With so many crypto projects launching on Ethereum, Binance Smart Chain, Avalanche, Solana, and other decentralized networks, users will want to experiment and interact across the....
Digital identification is the future. What role will blockchain play? Chinese conglomerate Tencent Holdings is joining forces with blockchain company ShareRing to launch a new digital identification system to streamline international travel amid the COVID-19 pandemic. As the South China Morning Post reported Tuesday, ShareRing will combine its distributed ledger technology with Tencent’s cloud services to create a blockchain-based digital identity management platform. Specifically, ShareRing will use Tencent Cloud’s optical character recognition and facial recognition technology to help....