Today the GenerEOS Team is excited to announce that we will be joining the UX Network as a Block Producing candidate, alongside some of the brightest minds in blockchain and financial technology.
The UX Network is a compliance-driven, highly cost-effective and globally scalable consumer and enterprise public blockchain, that is dedicated to the deployment of blockchain-enabled Know Your Customer (“KYC”) and Anti-Money Laundering (“AML”) offerings baked in at the base layer.
UX Network is a Layer 1 network of choice for launching any Virtual Asset Service Providers or businesses requiring cost-effective compliance services. With more than half of all crypto exchanges having weak or no ID verification, the UX Network has immediate value to add to the blockchain and cryptocurrency ecosystems.
The UX Network will enable highly disruptive products that are not only compliant, but scalable and sustainable for Enterprises and Big Business. Think regulated Defi Products and Services, Insurance 2.0, Security Token Offerings, Gamified Trading Experiences and more. The possibilities are endless for blockchain technology in the FinTech arena, which is why it’s of paramount importance that compliance and regulation are built-in at the base layer.
Our team is super excited to work on such offerings and we’re looking forward to producing blocks for the UX Network and bringing long term value to the ecosystem and UX community.
GenerEOS is a social enterprise Block Producer with a mission of promoting and supporting scalable and highly reliable block production whilst giving back to social causes and the wider community. Based out of Sydney, Australia, GenerEOS is founded by a team of like-minded blockchain enthusiasts with diverse backgrounds and a passion to make a difference in the world and fostering the spirit of generosity by giving back.
GenerEOS: The Future of Giving!