With the adoption of Atrium in Norway for the first time since the formation of this digital currency, we are witnessing the use of Atrium by a major European country. But what is the purpose of using Atrium?
The cryptocurrency market is on a downward trend these days, with many well-known and important currencies such as Bitcoin and Atrium fluctuating and losing much of their value.
But under the same circumstances, and for the first time in the history of digital currencies, a major European country decided to use Atrium and its products to create a new type of financial market for inclusive and democratic blockchain business.
Read more: The future of Atrium in 2022
Atrium admission in Norway
Jon Ramvi, one of the developers of Web 3 and the founder of the Symfoni protocol, spoke about the details of Norway’s acceptance of Atrium.
Important Notice: A European country has publicly accepted Atrium. The Norwegian government recently announced that it will use Atrium as a platform for over-the-counter tables for non-listed companies.
The platform allows Norwegians to use shares in companies that have not yet been made public. This platform uses Arbitrum second layer technology.
The stock will be multiplied here as a token with the ERC1400 standard and based on the Atrium blockchain and will be available to shareholders. This standard is actually a combination of the important ERC20 and ERC721 standards for token multiplication.
The adoption of the Arbitrum platform in the second quarter of 2022 has now received so much attention that the platform has so far accounted for more than 50% of the total value of locked assets in all Atrium 2-layer protocols.
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Source: u.today