Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 11 May 2020, 00:30 HKT/SGT

Source: BHD Global Autonomy Foundation
BHD Submits Application for Digital Token Offering to Coinbase
BHD is a novel blockchain-based project with an original, next-generation Proof of Capacity

SINGAPORE, May 11, 2020 - (ACN Newswire) - BHD has submitted a listing application to Coinbase. BHD's STO application with the U.S. Securities and Exchange Commission (SEC) was approved on March 30th. The application to Coinbase is the first SEC-approved STO (security token offering) project to be submitted, which may accelerate BHD's entry onto the Coinbase Exchange.

Coinbase provides varying levels of support for various assets. It supports around 20 cryptocurrencies and provides market information for around 300 cryptocurrencies, determined by market cap. BitcoinHD (BHD) appears in the latter group, which is not supported by Coinbase. Support for new assets follows the company's Digital Asset Framework.

BHD uses a new Conditional Proof-of-Capacity (CPOC) mining mechanism with a perfect economic model and optimal consensus algorithm. BHD uses hard disk as consensus participant, reducing power consumption, and favors decentralization. BHD lowers the barrier to entry and creates safety and trust so everyone can participate in mining.

Compared with POW mining, CPOC mining is characterized by eco-friendliness. It consumes much less power, has lower noise, no heat, and is anti-ASIC. CPOC-based BHD fulfills the original intention of Satoshi Nakamoto: everyone can become a miner.

Coinbase is among the largest and most trusted companies in the digital currency space. It is the largest Bitcoin broker and established US digital currency exchange, with access to GDAX, 30 million registered users, and US$1 billion crypto under management. If BHD receives support from Coinbase Exchange, it will be a significant milestone for the BHD ecosystem.

Contact: Master L, [email protected], BHD Community is now BHD Global Autonomy Foundation.

May 11, 2020 00:30 HKT/SGT
Topic: IPO
Sectors: FX & Digital Currencies
From the Asia Corporate News Network

Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

BHD Global Autonomy Foundation
May 1, 2020 16:00 HKT/SGT
BHD Global's STO Application Approved by U.S. SEC
More news >>
 News Alerts
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: