Singapore, Singapore, 11th November, 2022, Chainwire

$INR is live on BitMart Exchange after several strategic partnerships and a successful listing on Huobi Global. The deposit feature opened on November 9, and the trading feature is set to open on November 11. BitMart’s listing is the result of community vote and request to list $INR token on exchange.

Inery is a proprietary layer-1 blockchain specifically designed to address database management to fuel a paradigm shift in how data is handled. Inery’s native token, $INR, is to be listed on one of the leading and most trusted cryptocurrency exchanges in the world, BitMart, which serves over 9 million users in 180+ nations and supports 800+ crypto trading pairs and over 750 high-quality cryptocurrencies. Inery has the opportunity to expand its offerings and to change the way people view data management.

Ambitions to Decentralize Data

The Inery ecosystem structure is designed to break down Web3 barriers. The Inery ecosystem is structured in a way that breaks down Web3 barriers. It integrates blockchain functionalities with distributed database properties. Inery’s high-performance, security, and scaleability allow it to be used in many sectors such as real estate, gaming finance, government, healthcare, and other financial services.

Inery aims to interoperate between chains and other industries without compromising performance, scalability or security. It is built on top of the layer 1 proprietary blockchain and runs on memory nodes. The decentralized database management system (DBMS), allows users to perform CRUD operations, as well as having complete ownership and control over their data. Only users with pre-defined permissions have access to it. This is crucial in an age where user-generated content, big data, and other information are constantly streaming in. The physical world is now able to migrate to the virtual realms, but it is also vulnerable to hacks, loss, and manipulation by big tech.

The $INR token is critical in the security and powering of the ecosystem as well as being a unit for exchange to access the decentralized storage of IneryDBMS.

Milestones

This listing is just over a month after the INR token was listed successfully on Huobi. It was very well received. Prior to that, Inery had launched its first public testnet and launched a set of activities where users are rewarded for completing sets of tasks. The second set of activities is currently ongoing, where the testnet has already registered 2000+ master and lite nodes from over 10 countries worldwide.

Inery has also carried out successful VC rounds, seeing firms like Metavest invest at a valuation of $128 million and Global Emerging Markets (GEM) commit $50 million. Other VC investors include Nebulous Holdings AG, Menas Global, Cap Lion Point, Truth Ventures, and Zazen. It has also strategically partnered with firms like NexBloc and EDDAVerse, and recently inked an MoU with Bharat Electronics Limited (BEL), a Navratna’s PSU that handles the entire Indian PSUs’ technical parts. The project has also been recognized as the “Best Emerging Blockchain Solution” at the Leaders in Fintech 2022 Awards.

Listing Schedule

Inery is scheduled to be listed on BitMart on November 11, with the trading pair: INR/USDT.

• Deposits started on 09/11/2022 at 3 PM (UTC)
• Trading starts on 11/11/2022 at 3 PM (UTC)

About Inery

Inery, a layer-1 solution for blockchain, is designed to open up the doorway towards Web3. It enables interoperability between blockchains and facilitates a smooth transition from Web2 into decentralization. Inery’s easy-to-use GUI removes all barriers to blockchain communication. It allows for layman-level communication between end users and the blockchain while maintaining unparalleled security, privacy, confidentiality, data sovereignty, and so on.

Contact

Director of Marketing & PR, Tijana D Gertner, INERY PTE. LTD., [email protected]