RATE Group | PinkExc Digital Token Issuer to Move from Ethereum to Stellar Blockchain. New Listing fo…
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PinkExc Digital Token Issuer to Move from Ethereum to Stellar Blockchain. New Listing fo…

05 Dec PinkExc Digital Token Issuer to Move from Ethereum to Stellar Blockchain. New Listing fo…

Posted at 16:04h in Ethereum News by

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Stellar Lumens (XLM) recently announced that a Malaysian digital token issuer, PinkExc is planning to move to their blockchain from their current Ethereum one. The company also informed that Utilex will soon replace PinkExc and hence will be run on Stellar blockchain. In the message they also stated that they made the decision due to Stellar blockchain technology being able to meets their needs. It is a faster, cheaper and more reliable asset value transaction token.       

Company made the official announcement on their official Twitter page. It stated: “Malaysian token issuer to move from Ethereum to Stellar. PinkExc currently operates several cryptocurrencies teller machines in the country, and hosts an online exchange. The project…

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