IOST Partners with DigiFT to Introduce Real-World Yield Opportunities to Decentralized Finance

IOST has partnered with DigiFT, Singapore's first MAS-licensed exchange, to introduce real-world yield opportunities to decentralized finance (DeFi).

This article provides a concise overview of a partnership between IOST and DigiFT to introduce real-world yield opportunities to decentralized finance (DeFi). It also touches upon the involvement of Invesco and the aim to provide on-chain solutions that bridge traditional finance and DeFi.

Here's a breakdown of the partnership and its implications:

**Key Highlights:**

* The partnership aims to introduce real-world yield opportunities to DeFi users on DigiFT’s MAS-licensed exchange.

* The initiative is supported by Invesco, a global investment manager.

* The collaboration will focus on providing on-chain solutions that bridge traditional finance and DeFi.

* The goal is to provide seamless integration of services and products from both worlds, expanding the possibilities of Web3.

**The Role of IOST:**

* IOST is an enterprise-level blockchain infrastructure designed for the Internet of Services.

* The platform aims to facilitate mass adoption by offering BaaS solutions, positioning itself as the foundational architecture for future blockchain services.

* IOST's unique consensus algorithm, Proof-of-Believability (PoB), combines elements of both Proof-of-Stake and Proof-of-Authority.

* Unlike traditional systems that only consider voting results, PoB introduces a Servi point system to decide and rotate committee members, ensuring a decentralized committee election procedure while preserving scalability and resistance to censorship.

**Implications for the Industry:**

This partnership has the potential to bring together the strengths of both traditional finance and cryptocurrency, opening up new avenues for innovation and user engagement. The integration of real-world yield opportunities on DigiFT's platform could attract a broader range of users to the DeFi ecosystem.

**Complete Article:**

IOST has partnered with DigiFT, Singapore's first MAS-licensed exchange, to introduce real-world yield opportunities to decentralized (DeFi) users on DigiFT’s platform. The initiative is supported by Invesco, a global investment manager, and will focus on providing on-chain solutions that bridge traditional finance and DeFi.

The partnership aims to provide seamless integration of services and products from both worlds, expanding the possibilities of Web3. It builds upon the existing collaboration between Invesco and DigiFT to provide cryptocurrency and DeFi products and services to retail investors in Southeast Asia.

"We are excited to partner with DigiFT and Invesco to bring real-world yield opportunities to DeFi users," said Jian Ming LUO, founder and CEO of IOST. "This partnership is a natural progression of our existing collaborations and shared vision to foster the future of Web3."

"At DigiFT, we are constantly striving to innovate and provide our users with the best possible products and services," added Gary Chan, CEO of DigiFT. "We are eager to leverage our MAS license and technological capabilities to facilitate the integration of traditional finance and DeFi, expanding the possibilities of Web3."

The partnership will leverage DigiFT’s MAS license and technological capabilities to provide on-chain solutions that bridge traditional finance and DeFi, expanding the possibilities of Web3.

"We are pleased to support this initiative, which aligns with our strategy to provide investors with access to innovative investment products and solutions," said Martin Hoffer, head of APAC at Invesco. "This partnership will enable us to combine our expertise in global investment management with DigiFT's advanced technology to create unique hybrid products and services."

The partnership is expected to launch in the fourth quarter of 2023.output: The partnership between IOST and DigiFT, supported by Invesco, aims to introduce real-world yield opportunities to decentralized (DeFi) users on DigiFT’s platform, merging the strengths of traditional finance and cryptocurrency to expand the possibilities of Web3.

The initiative will focus on providing on-chain solutions that bridge traditional finance and DeFi, aiming to provide seamless integration of services and products from both worlds. The goal is to expand the possibilities of Web3 and attract a broader range of users to the DeFi ecosystem.

The partnership builds upon the existing collaboration between Invesco and DigiFT to provide cryptocurrency and DeFi products and services to retail investors in Southeast Asia. Earlier this year, the firms announced plans to launch a series of hybrid financial products that combine Invesco's expertise in global investment management with DigiFT's advanced technology.

"We are excited to partner with DigiFT and Invesco to bring real-world yield opportunities to DeFi users," said Jian Ming LUO, founder and CEO of IOST. "This partnership is a natural progression of our existing collaborations and shared vision to foster the future of Web3."

"At DigiFT, we are constantly striving to innovate and provide our users with the best possible products and services," added Gary Chan, CEO of DigiFT. "We are eager to leverage our MAS license and technological capabilities to facilitate the integration of traditional finance and DeFi, expanding the possibilities of Web3."

"We are pleased to support this initiative, which aligns with our strategy to provide investors with access to innovative