TechFlow News — Recently, the cryptocurrency exchange Huobi announced a strategic partnership with UniSat Wallet, a Bitcoin inscription wallet. Huobi, along with its ecosystem partners, will collaborate with UniSat to establish the BRC-20 industry standard.
Huobi will independently develop a BRC-20 ledger parsing and indexing library, working with UniSat to support dual verification. UniSat will serve as the data provider for Huobi's Web3 BRC-20 marketplace. Additionally, Huobi and UniSat plan to continuously explore cross-platform order liquidity for BRC-20 token swaps in the future.
BRC-20 is a token standard built on the Bitcoin network that utilizes Ordinal inscriptions with JSON data to deploy token contracts, mint tokens, and transfer tokens.
