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Ambisafe Announces Partnership with Anchor, the World's First Stablecoin Indexed to the Global Economy

Anchor works with Ambisafe to ensure the highest standard of security in preparation of its launch mid-May.


News provided by

Anchor

Apr 22, 2019, 06:00 ET

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NEW YORK, April 22, 2019 /PRNewswire-PRWeb/ -- Ambisafe, a leading global capital markets and blockchain infrastructure provider announces partnership with Anchor, a stablecoin project indexed to the growth of the global economy. Ambisafe will be offering Anchor state-of-the-art technology services including token issuance and a wallet for storing Anchor's funds, prioritizing the highest standard of security as Anchor takes steps towards its private presale token launch in mid-May.

Having previously worked with Tether building out their wallet, Ambisafe focuses on security and building top-tier technology with leading companies and figures in the blockchain and crypto space. Ambisafe will be developing Anchor's stable token using the ERC-20 protocol and providing Anchor with a secure wallet solution for their assets.

After seeing the success Ambisafe has achieved with identifying vulnerabilities and bugs with other large-scale cryptocurrency projects, we feel confident our upcoming private token presale will be executed with the utmost safety and security.

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"As we finalize our dual-token Anchor ecosystem and non-flationary financial index for our upcoming launch, we are committed to ensuring the highest standard of security for our token users," said Daniel Popa, CEO of Anchor. "After seeing the success Ambisafe has achieved with identifying vulnerabilities and bugs with other large-scale cryptocurrency projects, we feel confident our upcoming private token presale will be executed with the utmost safety and security."

CEO of Ambisafe, Andrey Zamovskiy said: "Anchor brings real financial innovation and a stronger peg of value based on real world economic growth to the crypto and blockchain markets. We're excited to be backing the technology side of the Anchor stablecoin project."

Focusing on security, Ambisafe has previous experience working with top projects like Tether, Polybius and Propy helping ensure the quality of their code and security of assets. Ambisafe has demonstrated their technical capabilities and dedication to security by rescuing millions of dollars worth of funds during the Parity Wallet back and identifying vulnerabilities across top exchanges that were prone to manipulation of their Ethereum account balances.

This partnership is another major milestone Anchor achieves in preparation for its upcoming launch planned for New York Blockchain Week. In the midst of the project's global roadshow, the Anchor team is connecting and engaging with potential partners and the greater crypto community at private events attended by some of the most reputable accredited investors and funds in the industry. Previously in Hong Kong and Singapore during Asia Crypto Week and most recently in Los Angeles on the sidelines of Crypto Invest Summit (CIS), Anchor together with SMC Capital, a venture capital and advisory firm, hosted influential funds, exchanges, and media including Bitcoin Foundation; SPiCE VC; DNA Fund; 8 Decimal Capital; among many others.

The Anchor team looks forward to spending time in London where they will be holding a private event to discuss the future of stablecoins and the token economy during London Blockchain Expo week. To access Anchor's public testnet, interested parties can request credentials by following The Anchor Project on Telegram.

For media inquiries, please contact:

Olya Moskalenko
Anchor Chief Communications Officer
olya.moskalenko(at)theanchor.io
+1 (917) 355-1647

Sarah Cohen
Melrose PR Account Executive
Sarah(at)melrosepr.com
+1 (310) 260-7901

About Anchor
Anchor's dual-token stability mechanism and non-flationary financial index is designed to provide investors and crypto traders with a reliable hedging instrument and global stablecoin standard. CEO Daniel Popa, a serial telecom entrepreneur with over 20 years of experience running successful companies in the USA, Canada, Australia, Romania, and Ukraine, led a team of PhD economists to develop Anchor's revolutionary proprietary Monetary Measurement Unit (MMU), a scientific algorithm that is indexed to global real GDP via official financial data from twenty of the world's largest economies. Anchor's blockchain developers have built solutions for several large blockchain firms, including Celsius Network.

About Ambisafe
The Ambisafe team is renowned for their technical and financial prowess. They have saved money during the Parity wallet hack and have identified issues in some of the top exchanges. Combined their business leaders have over 40 years of blockchain experience and 50 years of financial expertise in US markets. Their services include building complex infrastructure on the blockchain, conducting code reviews and providing end-to-end token sale infrastructure. Most recently, their trading platform Orderbook has launched a project to offer economic interest in Pre-IPO companies such as SpaceX.

SOURCE Anchor

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