Primas and Qbao Network have reached a strategic cooperation. The two parties will carry out a series of resource sharing initiatives around overseas market expansion, product promotion, business cooperation, and promotion of technical cooperation to building a blockchain ecosystem.
Primas is a decentralized application scenario based on the DTCP protocol, aiming to create the next generation of content value ecosystem. The technology architecture is based on the Distributed Trusted Content Protocol (DTCP) and uses decentralized crawlers and economic incentives to ensure the authenticity of online content, accelerate the generation and circulation of high quality content. Traditional Internet applications can use the API to access DTCP and quickly acquire the power of DTCP.
Currently, Primas is actively exploring the Korean market and building the a local community. Last month, the Primas token (PST) was listed on Bithumb, Korea’s largest exchange and tenth in the world.
Since entering the Korean market last October, Qbao Network has become the second-most used digital wallet with a solid user base. This cooperation will accelerate the development and positioning of Primas in the Korean market.
The Qbao Network is a multifunctional cross-chain digital wallet with more than 5 million registered users worldwide. Based on the wallet storage function, Qbao Network has developed a series of functions with financial attributes including digital asset management, certificate trading, token payment and so on. In order to better cooperate with the financial properties of Qbao Network and truly become the entrance to the blockchain world, Qbao Network also integrates a DApp store, social functionality and information platform to meet all users’ needs in one place.
In the future, Qbao Network will use the DTCP provided by Primas to guarantee the credibility and traceability of their content, making people’s online communication more secure.
Designed by the Primas team, the DTCP is set standards defining how content metadata should be recorded and stored, it functions as a way to ensure ‘quality’ is the defining factor in whether something online is seen, monetized and believed. It is an upgrade to the Internet’s WWW protocol and aims to build an open, interoperable and trusted high-quality Internet.
Through this cooperation, Primas will also contribute resources in the United States, Japan and the Middle East to help Qbao Network further develop globally.
The Primas team is committed to using blockchain technology to promote the benign development of the Internet and create a trusted cyberspace. To achieve this great vision, Primas will work with more content producers and aggregation platforms on a global scale and provide technical support for content platforms that seek innovation. This joint development with Qbao Network in the Korean market marks a big step forward in realizing this vision.
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