Jax.Network Collaborates with Distributed Lab to Build Crypto-Bank APP

​Jax.Network, a blockchain firm that follows the JaxNet protocol and issues scalable, stable, and decentralized JAX coins, has formed a partnership with Distributed Lab, a pioneer in building blockchain-based financial applications, to develop a crypto bank application for processing instant Layer-2 transactions on the Jax.Network blockchain. 

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“Jax.Network is an open-source project, so that by helping this company, we help the entire community. We hope that our collaboration will bring great results", Pavel Kravchenko, the co-founder of Distributed Lab put it. 

“It was a natural choice for us to build, with Distributed Lab’s expertise, a centralized implementation of our exchange hub as a crypto bank, a critical Layer-2 application which provides instant transaction finality for merchants and users.” Vinod Manoharan, the founder of Jax.Network, added.