Bitkub Chain expands blockchain network connectivity, enhancing ecosystem robustness by partnering with JFIN Chain to enable JFIN coin transfers between networks through the Bitkub Chain Bridge, available now.
PUBLISHED : 15 Mar 2024 at 21:20
Bitkub Blockchain Technology Co., Ltd., the leading developer and provider of Blockchain Total Solutions in Thailand known as “Bitkub Chain,” has announced a partnership with JFIN Chain, a Thai blockchain network developed by J Ventures Limited, to integrate their ecosystems. This collaboration supports the transfer of JFIN coins through the Bitkub Chain Bridge platform between JFIN Chain and Bitkub Chain, and between Bitkub Chain and Ethereum Chain. The Bitkub Chain Bridge platform is the tool that facilitates the transfer of digital assets between Bitkub Chain and the other blockchain networks, making it convenient for users who wish to move coins or digital tokens from other chains for transactions on the Bitkub Chain ecosystem.
JFIN, the native coin of the JFIN Chain network, can be used for various transactions within the JFIN Chain ecosystem, including usage on JFIN dApps for staking, transaction fees on JFIN Chain, or exchanging for discounts, among other things. Bridging JFIN coins between JFIN Chain and Bitkub Chain will help reduce the service fees for cross-chain coin transfers, making the use of JFIN coins more convenient.
Mr. Phasakorn Pannok, CEO of Bitkub Blockchain Technology Co., Ltd., said, “The opening of the bridge between Bitkub Chain and JFIN Chain on the Bitkub Chain Bridge marks an important collaboration between Bitkub Chain and JFIN Chain. It allows users of both JFIN Chain and Bitkub Chain to conduct transactions easily, conveniently, and quickly, which will help reduce barriers to using coins across chains and expand the user base of both platforms.”
Mr. Thanawat Lertwattanarak, CEO of J Ventures Limited, stated, “JFIN Chain aims to be one of the infrastructures that drive the growth and strengthening of the blockchain business ecosystem in Thailand. Our cooperation with Bitkub Chain is a significant step that will help push the usage of various platforms on the chain towards our goals.”
Users who wish to transfer JFIN coins between JFIN Chain and Bitkub Chain and Bitkub Chain and Ethereum Chain can do so through the Bitkub Chain Bridge at https://bridge.bitkubchain.com/.
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