31.05.2023
BitMart and UniSat Wallet join forces to promote BRC-20
31.05.2023
Glory Faleke
Contributor

International cryptocurrency trading platform BitMart and UniSat Wallet, a cryptocurrency wallet and marketplace for BRC-20 assets, have entered into a partnership aimed at developing and implementing BRC-20 tokenization standards in the blockchain landscape.

The partnership aims to increase the security and interoperability of BRC-20-based solutions and help accelerate tokenization in the cryptocurrency world.

"This alliance also aims to grow the crypto industry as more and more people look to digital assets that offer promising and future-proof investments," BitMart said on its Twitter page.

BRC-20, an experimental token standard in the bitcoin network based on Ordinals Protocol technology, is helping to accelerate the cryptocurrency world for the foreseeable future.

"We are excited to join forces with BitMart. Our shared commitment to innovation in the tokenization process ensures that the BRC-20 token is designed with security and user experience in mind," said the founder of UniSat Wallet.

As part of the partnership, cryptocurrency exchange BitMart will offer its extensive industry expertise and insight to optimize the BRC-20 token, while UniSat Wallet will focus on optimizing and securing digital asset management.

We previously wrote that the bitcoin blockchain reached a peak of popularity after the launch of BRC-20.

The BitMart exchange was established in the Cayman Islands in 2018 and is notable by its high trading volumes and a high level of protection of user data and funds. The advantages of the platform include a simplified trading platform for beginners as well as the opportunity to earn passive deposits through a lending service.