Online Blockchain plc, UK’s pioneering blockchain research & development corporation, has recently announced a new workplace in Gibraltar. A strategic location is essential as the company keeps pushing forward with blockchain operational activities, especially DeFi Protocol Umbria Network, where it provides a facilitator, consultant, and administrator. Gibraltar has established a reputation as one of the world’s top jurisdictions for accommodating and encouraging innovative ideas and financial technology corporations. This is a big incentive for firms in the blockchain and crypto industry. A host of Gibraltar corporate entities benefit from tax-free revenue and a relatively low renewal fee.

Clem Chambers, CEO of Online Blockchain plc, stated that online Blockchain is well-suited to this trustworthy and visionary jurisdiction and can utilize the numerous opportunities provided by Gibraltar. This environment will encourage further technological advances and the development of Umbria, which just initiated its Layer 2 Decentralized Exchange (DEX).

Blockchain Online plc

Online Blockchain is a UK-based incubator and developer of internet and information-based technology companies, such as blockchain and cryptocurrency developers, administrative staff, and custodians. AdvFN plc still holds 17.98% of the company.

Blockchain-based opportunities, including incubating cryptocurrency start-ups and developing technical innovation in the blockchain space, are still on the table for Online Blockchain. Online Blockchain focuses on innovation in cryptocurrency and decentralized ecosystems, incubating cryptocurrency start-ups and developing technical innovation in the blockchain space.

For more information, visit http://www.onlineblockchain.io/

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