Tradecore Brokerage Software Company Integrates Dash Cryptocurrency

2018-7-28 19:38

Tradecore, a brokerage software company, has partnered with Dash into its platform, enabling financial service providers and capital market businesses to send, receive, and hold Dash.

The partnership was made possible via Dash’s partnership with BlockCypher, which offers,

“web services [that] are blockchain agnostic and greatly reduce the complexity of building applications that run on multiple blockchains”.

The partnership was announced via a press release where Stefan Pajkovic, CEO of Tradecore, highlighted why they decided to integrate with Dash.

“We chose Dash as one of the first digital assets to support [on] our platform because it has among the lowest fees and fastest transactions of any blockchain network.”

Ryan Taylor, CEO of Dash Core, added that the integration is “an exciting integration for Dash” since “Tradecore extends the reach to online brokerages on a much broader scale”.

“With Tradecore embedding Dash integration into products that brokerages use or white label for their end users, we look to continue the expansion of our global network, particularly in Europe and other regions where brokerages are instrumental in increasing Dash adoption.”

TradeCore is a multi-product and full-service FinTech company developing tools for brokers and financial service providers, including client onboarding, identity verification, proactive customer support, advanced analytical tools, and marketing automation. The company also assists clients by “reducing costs, optimizing workflow, and helping build upon a company’s strategic plans” to add value to the brokerage’s client offerings.

Dash excels at everyday transaction-based usability since it has focused on maintaining low transaction fees and fast confirmation times, as the press release mentioned as a reason for Tradecore’s decision to integrate with Dash. Dash’s focus on usability enables greater consumer and merchant adoption, which signals to investors more robust growth than its competitors.

Thus, investors assign Dash a more robust exchange price. This then creates a virtuous repeating circle of increasing adoption among everyday users and investors to increase the overall market reach of Dash.

Dash’s structure also enables partnerships like that with BlockCypher, which makes other business integrations easier. The partnership facilitated this integration with Tradecore, as well as other partnerships with BitInka, Alt36, Kraken, and more.

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