NIX Platform and Blockchain Foundry work together to deliver the NIX Bridge

Both teams have partnered with the goal of developing and successfully delivering the NIX Bridge solution within the next 6 months.

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About Blockchain Foundry

Blockchain Foundry Inc., based in British Columbia, is led by the co-founders of the Syscoin protocol, launched in 2014; two years later they partnered up and opened a now publicly tradeable development and consulting firm known as Blockchain Foundry (CSE:BCFN). This strong and professional organization has been helping companies expand their businesses using blockchain technology with the work and expertise of a group of developers that combine 35 years of knowledge.

The company is also an important founding member of Microsoft’s Decentralized Identity Foundation, which has the mission of decentralizing identities using blockchain technology. Not to mention it has also partnered with Binance and many other successful projects.

Timeline

In the upcoming weeks, we will be following a timeline to develop and integrate the NIX Bridge with the Ethereum network, a process that involves 3 phases which will be completed within the next 6 months.

During the first stage, BCF will be reviewing NIX’s current ecosystem and the NIX Bridge plan, this permits the introduction of implementation ideas to start creating the mechanism. At this time, this stage is nearly complete.

Shortly after, the project goes into full development; here, Blockchain Foundry will aid in building the NIX Bridge modular mechanism, while the NIX Platform team designs and develops the privacy and transaction features for NGT-assets. Both teams will be in constant communication at all times, thus ensuring that the final result meets the project and community expectations.

Finally, we will combine the architectures and designs, which results in the launch of the NIX Bridge’s first application: instant confidentiality and anonymity for Ethereum and ERC20 tokens.

Incentives

Our development team took a look at a NIX Bridge similar project that the BCF/Syscoin team is developing. Their project facilitates the NIX Bridge design, without any privacy enhancements, and rather focusing on scalability. Instead of forking their work, we proposed a partnership with BCF; both teams working and collaborating to a common goal.

Based on that, and in order to promote a spirit of collaboration and expand our ecosystem, NIX Platform will be rewarding Syscoin holders with a claimed airdrop that will be performed after NIX Bridge solution is delivered.

Wrap up

We are extremely glad to announce this partnership to our community, as we are fully confident in the skills that NIX Platform and Blockchain Foundry teams bring up to this collaboration. This partnership is definitely among the key factors for the realization of the NIX Bridge, an interoperable solution that connects privacy to tokenized chains and decentralized finance.

We invite you to visit the next sites to learn more about NIX Bridge:

NIX Bridge Announcement.

NIX Bridge Outline v.1.0.

For more information about NIX, join our community!

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Written by

Total Privacy For All. https://nixplatform.io

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