Provable Things releases pBTC on the EOS blockchain, which can be used on all EOS DeFi platforms

Provable Things, a London-based “certification as a service company”, announced the release of pBTC on the EOS blockchain, allowing Bitcoin holders to use BTC throughout the EOS ecosystem (including all DApps). This synthetic token is anchored 1: 1 with Bitcoin, and users only need to mint pBTC to use it on all DeFi platforms of EOS. Previously, Provable Things has deployed pTokens to the Ethereum mainnet, and will integrate with Bancor and Kyber Network to achieve interoperability with Bitcoin, allowing users holding Bitcoin to issue pBTC tokens based on the ERC777 standard Tokens are used in DeFi applications based on Ethereum.