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ARUXM has Announced Testing ERC20 Token-Based Production Protocol with IOTA Tangle
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The PoC starts the execution of the ARXUM Production Protocol with an Ethereum smart contract, consuming the transaction cost through ARXUM’s ERC20 token AX. This process is important so the AX token is always utilized by the network – an indispensable requirement for any AX token holder. While the transaction fee is paid through Ethereum, any other blockchain technology can be plugged into the mechanism to handle all production-related transactions. This has already been done with IOTA.
Read more: https://bitcoinprbuzz.com/aruxm-has-announced-testing-erc20/