OKEx’s blockchain technology contribution in Malta paved the way for bagging the “Crypto Exchange of the Year” at the recently held Malta Blockchain Summit’s Blockchain Awards. The awards were organized to recognize the efforts of experts, businesses and leaders who made an outstanding contribution to the blockchain technology development in Malta.
Head of Operations OKEx, Andy Cheung mentioned in his statement that receiving this honor is indeed a testament of the exchange’s unrelenting efforts in making changes in the blockchain and the crypto industry. He further added that OKEx never stops innovating to build a robust ecosystem, create the best user experience and improve the crypto industry. Above all, the exchange aims to revolutionize the world using blockchain technology. Cheung said that as a leader, OKEx continues to improve its ecosystem.
In April, Malta welcomed crypto exchange OKEx in a bid to become a crypto-friendly nation. The island country has made it obvious that it intends to become the “Blockchain Island” and seems quite determined to achieve its aim. It recently passed regulatory legislation pertaining to cryptocurrencies, Blockchain and Initial Coin Offerings.
OKEx, on the other hand, started contributing to Malta’s vision with its years of experience in the industry. The exchange which is an expert in blockchain technology has a world-class team of professionals with expertise in investment, marketing, technology and operations. It provides advice on how to apply the power of blockchain technology and tailored professional consultation services, according to a company’s services, products and business model, as stated on its official website.
The recent announcement made by Binance of choosing Malta for their new headquarters is a notable confirmation that Malta is moving towards the right direction regarding Distributed Ledger Technology (DLT). Changpeng Zhao, Binance’s CEO also welcomed other projects such as Tron to Malta, as reported on Cointelegraph.
Crypto Exchange OKEx’s award category was judged by 32 industry leaders and executives with combined experience in the blockchain industry. Apart from OKEx, three other exchanges were nominated in this category. But OKEx stood out amongst its fellow finalists BitBay and Binance, as reported on Business Insider.
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