ABEY was awarded the Blockchain Solution of the year award at the 5th AIBC Europe Award 2021, which took place in Malta November 16th 2021. ABEYCHAIN, its blockchain and ABEYCHAIN have accomplished this remarkable feat.

ABEYCHAIN also represents a rapidly growing global blockchain solution. A combination of expert judges and public votes on the AIBC Summit site, along with extensive knowledge of global developers and blockchain technology usage led to the creation of the awards.

Philipp Sauerborn, Co-Founder of ABEY Foundation and Director said:

“This victory is a significant milestone for our developers and the thousands of users who make up the ABEY ecosystem…This prestigious recognition is the result of countless hours of hard work from our ABEY team and the developers running their apps on our blockchain. To provide the best possible solution for our users, we are determined to grow the ABEY community. We are so grateful AIBC and its expert panel of judges has noticed our passion and excellence.”

Added to this, AIBC’s owner and SiGMA group founder Eman Pulis also congratulated ABEY for being awarded. The AIBC has been a strong pillar in the blockchain community and is proud to award this distinguished award to ABEY Foundation.

“Congratulations to ABEY for being awarded the AIBC Europe 2021 Blockchain Solution of the Year. The AIBC Europe 2021 Blockchain Solution of the Year is a place where excellence can be found in international blockchain communities. We are delighted to give this award to ABEY Foundation. Your award was majority based on our expert judging panel’s evaluation, as well as a smaller component of public voting. Every developer running their dApps on ABEYCHAIN, every user of ABEY’s XSwap.com DEX, every holder of ABEY cryptocurrency should feel proud of your achievement.”

More so, the award was majorly based on the expert judging panel’s evaluation, and also a smaller component of public voting. ABEYCHAIN developers and users as well as holders of ABEY crypto should be proud of their accomplishments. AIBC Europe states on its website that the award ‘rewards leading players within the Emerging Tech sector.’

The Blockchain Solution of the year was selected by an AIBC panel of expert judges.

The blockchain technology is now a mature industry, having evolved from a niche in the early 2000s to an established sector within a few years. Blockchain technology’s enormous potential to revolutionize the way that businesses transact business in the global market has also been an important game-changer.

Furthermore, ABEY has been nominated for DeFi Project of the Year and they also sponsored the ‘Crypto Influencer of the Year’ award.

A quick recap of ABEYCHAIN

ABEYCHAIN expects to add 10K new addresses per month starting in August 2021. ABEYCHAIN is a platform that allows developers to use smart contracts and create robust Decentralized Application (dApps) with more than 140,000 members.

ABEY’s momentum continues after it added new powerful features to its Blockchain technology in May 2021. ABEY’s XSwap cryptocurrency exchange, built on ABEYCHAIN, was launched in November 2021. Users will soon have access to trading, liquidity mining and stake. Within the first week of XSwap’s existence, the exchange exceeded $60 million in total value locked.

Liquid Global listed the ABEY token in September 2021. Liquid Global, which is the second DEX that offers ABEY trading, is among the most popular cryptocurrency exchanges around the globe. ABEY’s development has made it a viable alternative to the popular, but expensive, and less efficient network.

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