Dubai, Sept. 19, 2022 (GLOBE NEWSWIRE) — Inery, a decentralized data system, announces that the official listing of its token on Huobi Exchange is expected to go live on September 28, 2022. Huobi Exchange is one of the world’s leading of cryptography. exchanges, supporting over 1000 trading pairs and over 600 cryptocurrencies.
Inery takes a different approach to data decentralization and data management for Web2 and Web3 enterprises, while streamlining the shift to decentralized web.
The Inery ecosystem is designed to enable decentralized data management by integrating blockchain features such as immutability, security, and owner-controlled data assets with distributed database properties to enable high performance, low network latency and complex query functions. The ecosystem is secure and powered using the network’s native token, $INR.
“We are excited to have Huobi Exchange on our side. Listing the Inery token is an integral part of our roadmap; and with Huobi’s support, we can bring Inery’s vision to markets and onboard more people. in our mission to reshape the world through the paradigm shift in data management,” said Dr. Naveen Singh, co-founder and CEO of Inery.
When listing on the Huobi exchange, Inery’s official listing pair will be the INR/Tether (USDT) trading pair which will be available for trading at 13:00 UTC on September 28.
The project’s approach is to ensure that data management and storage is not confined to walled gardens, and that power is returned to users as we move towards the internet revolution – Web3.
Huobi supports innovative projects that empower users in the crypto and blockchain industry and the integration of technology with other verticals, which is why the first listing of the $INR token will be on Huobi Exchange.
Inery is a layer 1 blockchain and decentralized data system. It allows a decentralized, secure and reliable basis for database management. Leveraging blockchain technology, Inery introduces a decentralized and distributed infrastructure for managing databases.
Founded in 2013, Huobi Group is a global leading enterprise in the digital economy industry, with a mission to make breakthroughs in core blockchain technologies and the integration of blockchain technology with other industries.
Huobi Group boasts of offering world-class security and an overall green and industrial layout. It has partnered with Sequoia, Fenbushi Capital, Link Capital, Node Capital, SVIEF, CIDA, FBG Capital, etc.