Singapore, 11 November — V SYSTEMS unveiled a new collaboration with OceanEx today at the Capital Warm-up Party, to explore joint development to cultivate a robust DeFi ecosystem.

“We support the development of DeFi as an important part of the V SYSTEMS ecosystem. We are thrilled that we can team up with OceanEx as a broader effort to accelerate the growth of DeFi in the blockchain industry,” said Alex Yang, CEO of V SYSTEMS.

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. 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.

Following the release of Euclid Smart Contract 1.0 in October, V SYSTEMS has shed some lights on the first featured project to be built in the ecosystem — 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.

DeFi protocols rely on blockchain-based internet and smart contracts to build decentralized infrastructures that could host financial applications inspired by traditional finance. OceanEx and V SYSTEMS will team up to contribute to the development of Tachyon, and drive the popularity of its IPX token.

About V SYSTEMS

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.

About OceanEx

OceanEx Digital Asset Trading Platform uses advanced artificial intelligence technologies to provide a secure and ultra-fluid digital currency trading market. Capable of comprehensive quantitative trading, it offers a rich set of investment tools and products to meet the needs of all types of investors and investment strategies. Members of its team come from Morgan Stanley, BNP Paribas, Deloitte, Samsung Electronics Research Institute, Cisco and other internationally renowned companies. OceanEx is committed to creating a more professional digital asset trading services for investors.

Official website: https://oceanex.pro/en/