Blockchain Investor coinIX Buys Stake in Pandora Core AG - Investment in the Expansion of the Bitcoin Blockchain

HAMBURG, Germany, December 15, 2019 (Newswire.com) - Pandora Core AG, based in Zug, Switzerland, is involved in the continued development of network protocols for the Bitcoin blockchain. Their projects aim to facilitate, among other things, a digitization of assets based on the Bitcoin blockchain.

Dr. Maxim Orlovsky is the founder and CEO of Pandora Core AG. He is a neuroscientist and has been working on the technical details of the Bitcoin protocol for many years. The project is supported by many experts from the blockchain developer community, including Giacomo Zucco. In order to enable tokenization on the Bitcoin blockchain, Pandora Core AG is developing a new interactive network protocol based on the Lightning Network with the abbreviation LNP/BP. This introduces a stand-alone level above the blockchain, similar to the TCP/IP protocol, which introduced another layer to the internet in 1983, creating the prerequisites for its widespread use. The project will be kept open source, and every developer or interested person can contribute to its development. 

Dr. Maxim Orlovsky stated about the new investor's entry: “We are delighted to have won coinIX as one of our first investors. As pioneers, we place great importance on ensuring that our investors have a deep technical understanding of our project, and that together we can look forward to the progress we will bring to the Bitcoin network.”

Dr. Christoph Lymbersky, CEO of coinIX added: "Tokenization on the Bitcoin blockchain is an extremely promising project, and we are convinced that harnessing the widespread Bitcoin network for digital assets has enormous potential." Additional Pandora Protocol application options are secured messaging and decentralized storage systems.