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Symbol blockchain to host whisky fund and central bank collectibles at launch

cointelegraph.com

Proof-of-stake blockchain NEM (XEM) is preparing for a token migration in December alongside the public launch of the Symbol (XYM) blockchain. Hodgson described Symbol as a hybrid blockchain built for enterprises with a focus on interoperability and security tokens.

Symbol can be deployed as either a public or private chain, offering enterprises guarantees that sensitive proprietary information will not be broadcast across an open blockchain network. Hodgson emphasized the importance of cross-chain interoperability among institutions, noting expectations that the future will bring a crypto ecosystem comprising multiple specialized blockchains operating in symbiosis.

Read in Full: cointelegraph.com
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