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21 June 2021

Nimiq launches OASIS to enable atomic swaps between crypto and fiat » CryptoNinjas

Nimiq launches OASIS to enable atomic swaps between crypto and fiat » CryptoNinjas


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Nimiq, a decentralized, censorship-resistant payment protocol with its own diverse ecosystem of apps, announced today together with German bank TEN31, it has achieved compatibility between blockchain and banking with the release of the OASIS (Open Asset Swap Interaction Scheme) technology.

OASIS performs this in a few minutes without the need to open an account with a centralized exchange.

Nimiq’s Open Asset Swap Interaction Scheme (OASIS) is the blueprint to make off-chain assets (such as USD, EUR, stock certificates, web domains, and more) behave as if they were tokens on a blockchain.

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