Blockmason Announces the Listing of BLINK, the Link Utility Token on CoinBit Exchange

Blockmason Announces the Listing of BLINK, the Link Utility Token on CoinBit Exchange

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Software developers, blockchain startups and other interested parties based in Korea can now purchase BLINK, which offers Link platform, API and service access

Blockmason, a leading developer of foundational, base-layer blockchain technologies, and CoinBit, a prominent Korean digital asset exchange, today announced the listing and general availability of BLINK, the Link utility token. Starting on Thursday, March 14, developers of blockchain-based applications can purchase BLINK at CoinBit for use inside of the Link platform.

“We are excited to work with CoinBit to make BLINK available to the developer population in Korea,” said Michael Chin, CEO of Blockmason. “The Link project has been very popular with Korean decentralized app developers. We look forward to helping these teams build faster while reducing their costs and blockchain infrastructure requirements.”

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Blockmason’s Link is a new blockchain infrastructure-as-a-service that allows app, web and other software developers to use smart contracts and programmatic blockchains like Ethereum, TRON, EOS, GoChain and others in their applications without requiring any blockchain experience. Using Link, a developer can create classic, conventional web-based APIs for any smart contract written on a programmatic blockchain.

At the heart of Link is BLINK, the utility token which provides Link users with API transaction capacity. When a developer uses Link to build an API for their smart contract, and that API is used, BLINK must be consumed. The typical customer of Link is a software application developer, whether working alone or as part of a large enterprise team. When using Link, these developers incur service and usage fees including monthly subscription costs, API usage, overages, extra user seats and more. BLINK is required to pay these fees.

To learn more about the Link project, visit https://blockmason.link.

About Blockmason
Blockmason is a world-class developer of blockchain technology, focused on building the foundational base-layer frameworks that support the blockchain revolution. Their first product, the Credit Protocol, provides a standardized, secure and reliable means for recording and permanently storing mutually-confirmed debt or credit obligations on the blockchain. Lndr, the first decentralized mobile app powered by the Credit Protocol, leverages the blockchain to allow friends to quickly record and settle casual debts and IOUs in dozens of currencies. Link, their latest innovation, simplifies development, improves user experience and increases the adoption of decentralized apps. To learn more about Blockmason, Link, the Credit Protocol, Lndr and their other technological developments, visit https://blockmason.io.

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