Bithumb Bitcoin Exchange will open a research and development center

By the end of January, South Korea's leading cryptocurrency exchange Bithumb will launch its own research centeron blockchain and digital currencies. About this writes Cointelegraph with reference to the statement of the company.

About 30 employees of the new division will work on high-performance solutions for analyzing public blockchain transactions and protecting private keys.

Also, specialists will develop a system for generating addresses that allow you to deposit and withdraw funds from the exchange, and exchange data between various blockchains.

One of the first tasks of the center will be the creation and implementation of an application programming interface in the mechanisms of the Bithumb exchange.

The site management hopes that the development of the new unit will allow them to strengthen their position in the cryptocurrency ecosystem.

Recall that at the end of last year, the Chinese Internet giant Tencent announced plans to create a unit to study possible options for using cryptocurrency.