Cryptocurrencies

Inery, the Data-Centric Blockchain to List Native Token on Huobi

Published by
Written By: Michael Abadha
Share
    Summary:
  • Inery blockchain has announced an upcoming listing of its native token on Huobi Exchange. We discuss why this matters.

Inery, the Decentralized data platform and layer-1 blockchain, has announced that it will soon be listing its token on the Huobi Exchange. On September 28 at 13:00 UTC, the Inery official listing pair, INR/Tether (USDT), will be available for trading. Huobi’s history of backing innovative projects that give users more control in the cryptocurrency and blockchain space, as well as its willingness to incorporate the technology into other domains, led to Inery’s decision to launch its first $INR listing on the platform.

Inery’s token listing and its significance in Web3

Inery uses blockchain technology to provide a distributed and decentralized database management system. This paves the way for a decentralized, trustworthy, and safe database management system. Therefore, Inery’s listing on Huobi is a significant milestone on the path to achieving their goals. With over a thousand trade pairs and 600 different cryptocurrencies available, Huobi Exchange is a top crypto marketplace.

The $INR token is a native asset of Inery; it is the fuel that drives the Inery ecosystem and also secures it. When it comes to decentralizing data and data management, Inery takes a unique strategy for both Web 2 and Web 3 organizations, all while easing the transition to the decentralized web.

Inery’s goal is to recruit more people to join its mission to transform the world through a paradigm shift in data management, and the listing of $INR paves the way for this. By combining blockchain features like immutability, security, and owner-controlled data assets with distributed database features like high performance, low network latency, and complicated query capabilities, the Inery ecosystem is designed to allow for decentralized data management.

With data management being at the core of blockchain operations, Inery is setting the stage to cut a niche in this novel market. Success for the blockchain ecosystem will also have positive consequences for the $INR

This post was last modified on Sep 20, 2022, 09:45 BST 09:45

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha