OceanEx Announces Strategic Partnership with V SYSTEMS in Singapore

Singapore, 11 November — OceanEx unveiled a new cooperation with V SYSTEMS today at the Capital Warm-up Party, to explore joint development to cultivate a robust DeFi ecosystem. The cooperation between the two parties will be in different aspects and dimensions, and link the public chain ecosystem with exchange more tightly.

V SYSTEMS is a general purpose blockchain database for decentralized applications. Led by Chief Architect Sunny King, the V SYSTEMS blockchain has implemented his new innovative consensus algorithm — Supernode Proof of Stake (SPoS) . V SYSTEMS aims to deliver decentralized database cloud technology that is scalable and durable, with high finality, performance and the highest resistance to 51% attacks.

The network is operated as a cloud platform that can support efficient and agile development of a vast variety of applications, including but not limited to decentralized finance applications (DeFi), entertainment, social media, tokenization, DApp deployment and many more.

The initiatives that OceanEx and V SYSTEMS intend to cooperate on include:

● Identify DeFi projects with real-world use cases and high market demand promote the mass adoption of blockchain technology;

● The addition of V SYSTEMS-powered projects to OceanEx’s digital asset trading platform;

● Participation in community building and cooperation with OceanEx to provide its users with access to V SYSTEMS-powered projects to bring both V SYSTEMS and OceanEx to a larger user base.

Tachyon Protocol will be the first pioneer project co-supported by OceanEx and V SYSTEMS. Tachyon Protocol is a decentralized internet protocol co-launched by X-VPN, which is one of the world’s largest VPN service providers and the world’s top 20 mobile app by Apple and Google with 50 million global users. OceanEx and V SYSTEMS will team up to contribute to the development of Tachyon, and drive the popularity of its IPX token.

As strategic partners, OceanEx and V SYSTEMS will promote the interaction of the two sides and explore in-depth participation in DApp development and community engagement.

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