Blockchain-based database provider Bluzelle, has announced that its cryptographic token BLZ has been listed by the Huobi.pro crypto exchange. The new listing follows the addition of BLZ to the Binance cryptocurrency exchange earlier this month.
Bluzelle provides a decentralized, on-demand, scalable data storage and management service for decentralized applications that some have called the ‘Oracle for dApps’. The team is comprised of media and technology professionals who have worked with global companies, including Google, IBM, HSBC, Disney, Microsoft and others. Bluzelle’s engineering team is experienced in Machine Learning, AI, Cognitive Science, Blockchain, Fintech and Cybersecurity.
Pavel Bains, Bluzelle CEO, said: “We’re excited about listing BLZ on Huobi.pro. This will help provide greater liquidity and efficiency for participants in the Bluzelle ecosystem, enabling them to easily trade BLZ to power their use of the platform.”
The company closed its three-day Initial Coin Offering in January with $ 19.5 million in funding from the sale of 165 million tokens. Listing the BLZ token on Huobi.pro provides effective access to BLZ tokens for those who missed out on the ICO.
Bluzelle’s decentralized Database-as-a-Service will offer app developers, SME developers and enterprises benefits compared to centralized cloud solutions: removing points of failure, increasing the efficiency of scaling, providing improved privacy and immutability of data and enhancing overall performance.
Huobi.pro is a global crypto exchange serving millions of global traders in more than 130 countries, with service centres in Beijing, Chengdu, Hong Kong, Seoul, Shenzhen, Singapore and Tokyo. It features an advanced distributed system architecture built to protect against DDoS and other potential threats.