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1inch announced Thursday the next-generation version of its decentralized exchange (DEX) aggregation platform.

The team behind 1inch said that improvements include Pathfinder, an API that sports “a new discovery and routing algorithm, which finds the best possible paths for a token swap in the shortest possible time.” 

“One of the most vital improvements in 1inch v2, the effect of which users are set to feel immediately, is much higher speed,” Sergej Kunz, 1inch’s co-founder and CEO, said in a statement. 1inch said that v2 also includes user interface improvements, noting in a press statement that the new UI was “built completely from scratch.”

The release comes months after 1inch raised $2.8 million in a seed funding round led by Binance Labs, the crypto exchange’s startup incubator arm. Other investors at the time included FTX, Galaxy Digital and Dragonfly Capital, as The Block reported at the time. 

DEX aggregators effectively function as unified portals to the DEX ecosystem, drawing together different sources of liquidity and providing traders with the ability to trade across different marketplaces. 

Volumes across decentralized exchanges fell in October, ending a months-long growth streak. Total DEX volume for the month came in at 18.46 billion compared to September’s $24 billion. 

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

An IT agency within the U.S. Defense Department could one day offer a permissioned blockchain as a service, public documents show — and the agency is seeking information from market participants on the best ways to go about it.

A request for information (RFI) published on November 4 by the Defense Information Systems Agency (DISA) notes that “[i]n support of our ongoing effort to create a new Blockchain as a service offering for our mission partners, DISA is conducting market research to ensure better understanding of the capabilities available in the market place relevant to a Blockchain as a service offering which could be deployed on Z systems.”

“The scope of this document is to determine industry products available that provide a solution stack to enable DISA to provide a scalable permissioned Blockchain as a service offering which can be run on a mainframe environment,” the agency continued. Details about the RFI were published on the U.S. government’s SAM database, which publishes contract opportunities from the federal government.

Officials from DISA have talked about a possible blockchain as a service offering in the past. DISA innovation chief Sherri Sokol spoke about the agency’s interest in this area during an interview in 2019 with GCN.

“We are looking at potentially offering something that would be secure, scalable and agile for the networks that our mission partners could create and manage on our infrastructure inside accredited DOD environments,” she was quoted as saying at the time. “It would really just be the platform, infrastructure resource management and monitoring, which are services that DISA already offers.”

To be sure, the RFI isn’t proof that DISA is about to launch its own blockchain. But rather, it illustrates a potential path for such offerings to go live within the U.S. governmental apparatus — something that proponents of the technology within Congress have talked about in the past. 

Would-be respondents have until November 10 to provide information to DISA, per the RFI. 

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© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.