Verrency and Coinify partnership a ‘game changer’

By partnering with Coinify, Verrency is now able to enable banks to offer their customers virtual currency and token usage.” And the use of existing …

Verrency and Coinify are teaming up to enable customers to spend virtual currency via banks’ existing payment cards.

Consequently, banks can offer customers the ability to use virtual currency at any merchant.

Specifically, the partnership empowers banks utilising Verrency’s middleware platform to integrate virtual currency funding sources and digital wallets. Moreover they can do so within their existing payments rails.

At the same time, it avoids the need for customers to use specially issued prepaid or debit cards.

Instead, customers can make payments anywhere using virtual currency via existing payments products, including their physical cards and digital wallets.

The service uses Verrency’s high-performance value-added payments technology layer. And so a bank can route payments to different funding sources authorised by the bank. This includes custodial or non-custodial wallet containing digital assets.

Coinify supports the selection and connection of the wallet infrastructure, which may be either internal or external to the bank.

Verrency and Coinify partnership a ‘game changer’

Verrency CEO David Link says that the partnership is a game changer. In particular, it will increase the utility of token-based assets among major financial institutions.

“Virtual currencies are transitioning in the next few years from being speculative investments into a smaller number of mainstream assets.

“This will see more government or fiat-backed stable tokens, or even tokens simply as a payment element. So it is critical that banks have the technology in place to actually allow the usage of such virtual assets.”

He adds that it is crucial that this runs across bank’s consumer-centred legacy payments rails. Mainstream usage of tokens or virtual assets will not occur by connecting the merchant-side of the equation.

“It simply will take too long to achieve ubiquity, without which there will be no significant usage. By partnering with Coinify, Verrency is now able to enable banks to offer their customers virtual currency and token usage.”

And the use of existing debit and credit cards means that banks avoid costly infrastructure overhaul.

Verrency capital raising

Payment innovation fintech Verrency is headquartered in Melbourne.

Verrency’s API platform provides an overlay to legacy infrastructure. This enables banks to upgrade their customer offerings with digital services including auto-rounding, real-time budgeting notifications and instant loyalty rewards.

In June, Verrency raised A$10m in funding ahead of planned international expansion.

Verrency clients include Emirates NBD and Australian digital challenger Volt.

Virtual currency payment provider Coinify is headquartered in Denmark.

2e83c1df591eac268536f94801809666f6703c8f - Verrency and Coinify enable virtual currency spend at any merchant

Related Posts:

  • No Related Posts

Digital Assets Beyond Bitcoin: Three Blockchain Opportunities In Tech

Digital Assets Beyond Bitcoin: Three Blockchain Opportunities In Tech … Bitcoin, newer cryptocurrencies, tokens and other digital assets attract …

Getty

Bitcoin, newer cryptocurrencies, tokens and other digital assets attract thousands of speculators, professionals and amateurs alike.

The attention is largely focused on the figures: prices, highs and lows and multimillion-dollar deals.

These numbers, however, are superficial.

For anyone in the tech industry, I believe it’s more important to understand the major trends stemming from the distributed ledger technology (DLT). In this article, I aim to summarise some of the opportunities that my team is watching.

1. Virtual Assets In Gaming

Digital collectibles have existed in computer games for decades, including swords, skins, game currencies, and more. In 2018 alone, Newzoo (via CNBC) projected that gamers worldwide would spend$138 billion on games, which represents a huge potential market for in-game items.

Currently, in-game artifacts reside on the game publishers’ servers. The owners of rare items don’t actually own anything. Meanwhile, in-game currencies are prone to inflation; for example, the USD value ofWorld of Worldcraft gold has reportedly fluctuated multiple times.

The tokenization of virtual in-game assets would create a provably limited supply. As a result, users might spend more, possibly even treating their in-game expenditures as investments. IfLego toys have already outperformed stocks and bonds, why couldn’t in-game virtual property emerge as a new alternative investment?

Widely adopted and frequently exchanged virtual in-game assets will likely require a much higher transaction throughput than most existing blockchains can offer. However, game developers can already experiment with tokenizing parts of their in-game economies.

To get around current scalability and usability limitations, you can use on-chain transactions only for in-game transfers of items between players. Other operations could still be done off-chain on your servers. That way the gameplay would remain unchanged for most players. Yet heavy spenders might pay more knowing that their items are freely tradable and that you have a limited supply.

2. Identity Management On The Blockchain

More worrying than publishers’ stronghold on in-game items to me is the fact that companies like Google and Facebook have a lot of control over our online identities. DLT-based digital IDs might become a viable alternative to centralized identity management by large corporations or governments.

In the future, I expect solutions will emerge where users control their own private identifying information (name, address, date of birth, et cetera) and use a distributed ledger to selectively confirm or reveal it. For example, a user might locally save documents to a mobile app that acts as a digital wallet with public-private keys cryptography — similar to what’s used in Bitcoin and Ethereum. Companies and other external parties could then request a confirmation of the user’s ID by creating a transaction with the user’s public key. The user would then sign the transaction with their private key, agreeing to confirm the requested information without revealing it.

The actual implementation of the DLT logic doesn’t really matter because the biggest challenge and opportunity lies in creating a smooth user experience of creating and managing their decentralized identity. The simplicity of using Facebook or Google logins sets a high bar for any alternative solutions. But anyone can experiment with new decentralized technologies.

3. Tokenized Digital Collectibles

Finally, a more exotic application is the idea of digital collectables. You might have heard about CryptoKitties selling for upwards of $100,000, and I believe that’s just the beginning.

Crypto wallets may soon be a common feature on smartphones, thanks to new browsers (for example, Opera) and smartphone manufacturers such as Samsung. As a result, wallets could also hold non-fungible tokens (or NFTs) that could represent any digital collectible.

It might seem silly, but people already hoard GIFs, sticker packages for messenger apps, and even digital “gifts.” Unlike GIFs or any other media assets, NFTs are often scarce and unique. This adds a whole new dimension to the experience of digital collecting and brings it closer to the world of traditional collections such as stamps, coins and a myriad of other items.

For apps with gamified elements, I believe that NFTs could strengthen the appeal of badges and other achievements. These rewards could enable new functionalities, be limited and tradable, create demand from other users and increase engagement.

NFTs could even be used by offline marketers as digital alternatives to traditional giveaway merchandise, such as silicone wristbands, pin badges and medals. It’s hardly possible to wear all charity merch at once, but you could collect NFTs on a single wallet to showcase the causes you support.

Uncertainty

There is a lot of uncertainty around the new opportunities we’ve explored in this post. Most of these use cases still depend on advances in user experience, transaction throughput, and general acceptance of the digital asset as something that is used beyond speculation.

To prepare for new opportunities, I believe it’s best to follow a range of use cases that are most relevant to your business and pay attention to the distributed ledger platform that is gaining the most traction. Right now Ethereum looks to be in the lead in terms of developers and applications building on top of it, but new generations of platforms will keep competing and pushing the industry forward.

Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

Related Posts:

  • No Related Posts

IOTA Wallet: Trinity System Updates

IOTA’s cryptocurrency wallet, Trinity, released a recent update about its progress. The Trinity Wallet version 1.0.0 was released on app stores on both …

IOTA’s cryptocurrency wallet, Trinity, released a recent update about its progress. The Trinity Wallet version 1.0.0 was released on app stores on both mobile and desktop app stores last month. According to the update, it has been “very well-received”.

However, the Foundation has stated that it is working on an update that is more comprehensive than a “simple cryptocurrency wallet”.

Currently, in Version 1, they wish to address some issues before they work on and release the completely new Version 2. These areas include general maintenance and bug-fixes, along with some updates. In the report, the Foundation has stated that these updates include Ledger Nano X Bluetooth support, which will allow Trinity Mobile users to secure their funds with a Ledger Nano X. They will also release Trinity Desktop dev mode, which will make using the wallet with private tangles easier. One area they wish to address which was not present in the IOTA wallet preceding Trinity is checks on address spend statuses when sending transactions.

With regards to the ‘new and improved’ Version 2, the vision plans for “a highly modular system built around a core account module”. It will allow third party plug-ins to access core functions such as transfer initiation and chat integrated commands. Developers can thus implement their own modules to interact directly with users.

Some members of the IOTA community were hoping that Trinity would improve transaction speeds on mobile devices, improving the #455 background processes. Another user believed that the wallet should schedule transactions so that a user can issue multiple at once, without waiting for the first to be confirmed. This, they believe, would be possible if background processes were improved.

What is the Trinity Wallet?

The Trinity Wallet is IOTA’s digital wallet which displays a user’s IOTA cryptocurrency. Using the application, users can also send and receive IOTA. The Wallet released on 2 July 2019, about a month ago.

About Post Author

Tulika Jain

Bibliophile, crazy cat lady and passionate about financial and economic journalism. I don’t trade in cryptocurrency but am fascinated by the market.

Related Posts:

  • No Related Posts

Bitcoin Lightning Wallets Are Gaining Traction in 2019

Lightning-centric bitcoin wallets are gaining traction in 2019 and making small transactions affordable by reducing network fees. The bootstrapped …

Lightning-centric bitcoin wallets are gaining traction in 2019 and making small transactions affordable by reducing network fees.

The bootstrapped Spanish startup Bluewallet garnered 35,000 downloads so far this year, according to co-founder Nuno Coelho, a significant jump from the 5,000 users it had in 2018.

Coelho told CoinDesk the wallet’s built-in lightning marketplace, offering connections to external services like the crypto exchange ZigZag, the blog Yalls and games like Lightning Roulette, facilitates nearly 10,000 referrals a month. So far, BlueWallet users have completed more than 100,000 lightning transactions.

Related:Lightning Labs Designs Monitoring Tool for ‘Layer 2’ Bitcoin Network

“The things we are working on now are to prepare the wallet for the next bull run,” Coelho said. “To allow users to have more control over the fees when the market will be with higher fees.”

After a year of operations, Bluewallet is currently raising its first round of venture capital. It is hardly alone. Competition across the marketplace is ramping up with a crop of new wallets seeking funding to support lightning development, sources told CoinDesk.

The price of bitcoin over the last 30 days via CoinDesk data.

In June, the Lightning Labs wallet launched and attracted 2,000 downloads within the first 24 hours. That same month, the bitcoin wallet provider Samourai Wallet announced a partnership with the French lightning node-maker Nodl to make the mobile wallet lightning-compatible.

At the same time, Zap wallet creator Jack Mallers told CoinDesk that 500 Android users downloaded Zap since early June. This summer could be described as a lightning boom for product development.

Related:Andrew Yang Super PAC Will Accept Lightning-Powered Bitcoin Donations

Plus, Mallers added, Zap now has more than 25,000 desktop downloads and 1,000 active TestFlight users on iOS.

“Not only are they downloading it, but the applications are actually checking assets because they’re using it and the wallets are open,” Mallers said. “On average, we get thousands of asset downloads a day. That means we have thousands of active users.”

According to Google’s analytics, Mallers said, only 33 percent of those users are located in the United States. While Bluewallet has far more American users, Coelho said his company’s wallet also appears to be gaining traction in Indonesia, the Philippines and Japan, based on App Store data and the times that users interact with the product.

Across the board, all of these apps share a common trait: They lack a clear business model.

However, for some, that process might be seen as a feature, not a bug.

Slow growth

“It’s not our main priority to focus on a business model at the moment,” Coelho said. “It’s our priority to … put product out there and talk to users.”

Like Coelho, Mallers said he is not in a rush to profit from this wallet because playing the long game means focusing on users for now. Lightning Labs developers told CoinDesk the startup will offer premium services for wallet users in the future, but collecting fees from users isn’t a priority for their team either.

“It wasn’t very clear how a lightning wallet would make money. A lightning wallet’s point is to help with scaling,” Mallers said.

Most mainstream wallets like Jaxx and Bread earn revenue by taking a percentage of transaction fees. They also rely on other revenue models like fundraising tokens (Bread) or integration partnerships (Jaxx). Meanwhile, open-source wallets like Bluewallet and Zap de-prioritize the business model as they seek to stabilize the product with the help of volunteer contributors.

“You cannot accelerate the development of bitcoin,” Coelho said. “We see this as a long-term project, from 5–10 years.”

So far, most of these wallet apps rely on an autopilot setting rather than making users manage channels and independent nodes. Coelho said those options for experts will come with time, considering that the LND beta version many such wallets are experimenting with is just one year old.

As such, Coelho concluded:

“Our goal was just to show this is what lightning could be in the future.”

Lightning Labs CEO Elizabeth Stark via CoinDesk archives

Related Stories

Related Posts:

  • No Related Posts

List of Upcoming IEOs

It has been tested, according to their website, and has delivered single shard smart contract trading at a continuous TPS is 5730. During the tests, it …

Axel

Axel.Network is already a fully operational masternode network bringing the future of the distributed web. The network seeks to re-look at the way internet handles data, moving from a centralized to a decentralized world. They have built their Content Distribution Network (CDN) from the ground up using distributed technologies to achieve this purpose.

It will render transparency and reduce vulnerability of user data and grants users control-ability to their data as their own “data custodians.”

How it works is that it is an IPFS-integrated blockchain network. InterPlanetary File System allows the uploading and storage of tech, images, music, and videos to the distributed InterPlanetary File System (IPFS) through the pinning facility, after which they are made available without limitations of centralized servers.

The AXEL-IPFS Global Search Engine extends IPFS by adding important metadata to data stored on the IPFS for easy searching and categorization. The IPFS is a peer-to-peer hypermedia protocol to make the web faster, safer, and more open. Rather, it is a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system.

The platform also features AXEL Exchange, a distributed and decentralized digital commerce platform, through which users can sell and buy content from creators on a peer-to-peer basis, ridding of middlemen that would charge them outrageous fees and rob them of their data custody and control of their content.

This platform utilizes AXEL Utility Token through the AXEL Web Wallet which allows users to send, receive, and track AXEL Tokens. In addition to the web wallet is a desktop wallet available for Windows, macOS, and Linux.

The IEO will start on August 12 on Probit Launchpad and conclude on August 13.

Bitpanda

Bitpanda‘s token Best will let users to enjoy a 25% fee reduction on trading fees (this feature coming starting from Q4 2019) on Bitpanda crypto exchange starting Q4 2019. Furthermore, holders and investors in the token will have priority in gaining access to the upcoming Bitpanda Launchpad and future products. They will also again access to lower trading fees to additional discounts, rewards and more. Starting from Q4 2019 until the end of 2020 users will receive discount at the rate of 25% when paying trading fees with BEST token.

In addition to trading in over 20 types of assets, Bitpanda also has other services such as investment and savings products.

The IEO is on and will continue on Bitpanda Launchpad until the 06 August.

BitWings

BitWings is a token for the Wings Mobile ecosystem, which is a mining smartphone that can generate up to 2 ETH a month without any power consumption. The phone employs the Safe Core OS secure operating system based on neural technology. The neural technology is built within commercial Android systems powered with an AI Neural Face ID that helps recognize people by their faces as strangers or users of the phone. The identification makes it lock or unlock apps accordingly. Firstly, people will be able to purchase the mobile phones using crypto tokens BWN and can get a 10% discount on phone purchases.

Other features include Wings Guardian 2.0, Proof-of-Data algorithm that is employed in mining and produces 1000 megahash per second, Super Natural Speech system “Angel” and WingsPay triple authentication protocol (FaceID, fingerprint, and PIN) to help secure the wallet. Through the Wings Pay, the team will implement a revolutionary payment platform for all crypto users who want to buy goods and services using digital currencies.

Wings is a Spanish virtual mobile operator founded in 2007, and which already has managed over 400,000 users and a turnover of over $1 trillion USD. The company wants to be a leader in mobile security devices. They believe the future will be built on incorporating security protocols and tools into their products and which will also facilitate seamless trades on crypto exchanges and enable crypto payments for goods and services. For that reason, they are integrating neural technology within its new X series devices starting with their new Wings Minephone WX. The device features triple factor authentication, has neural technology and e–wallet built in hardware Cold Storage.

Regarding crypto security, their product uses Artificial Intelligence to quickly and efficiently predict, identify and eliminate cyber threats which is impossible through human analysis.

XBook is also their high security laptop available in 15.6” & 14″ versions and has blockchain-based SAFE CORE OS technology with triple factor authentication, neural technology and cold storage e-wallet built into the hardware.

The pre-ICO will take place until 2019-08-31 while the IEO starts on Exmarkets Launchpad on September 02 to November 30.

BlackPearl.Chain

BlackPearl.Chain ensures transaction is confirmed within seconds of sending, thanks to its VRF lightning-fast consensus mechanism. According to their website, they say BTC, ETH, EOS all rely on producing new tokens, increasing circulation volume, controlling token supply by one or many tricks, and that these have poor decentralization and throughput for transactions, as well as poor security and performance. Hence, according to BlackPearl, there is needed a complete blockchain solution that is extremely secure, new levels of speed and throughput, complete decentralization, minimal utilization of computer resources, ultra low gas fee, and easily adopted smart contract.

Their solution to answer these problems is a true Gen3 Blockchain OS BPC. It has been tested, according to their website, and has delivered single shard smart contract trading at a continuous TPS is 5730. During the tests, it also runs Ethereum’’s 420 million smart contract transactions (about 421,004,776 transactions) from the whole Ethereum history and took just 20 hours.

It also took BPC 15 hours to run Bitcoin’s 400 million transactions from scripts. Bitcoin’s more than 10 years of distributed accounting history can be done in a single shard by BPC within a day, with 1000 shards, can be done in 1 minute. However, the main issue for many blockchain networks today is not achieving speed but having ability to have and to incorporate all known important issues of decentralization, speed and security together without compromising any of them. So it is interesting to see how they solve these three problems simultaneously.

Other features include the BPC allowing for digital asset trading, supply chain tracking, social media messaging and payment processing. It will have ultra-low gas fees and which will make it mass-friendly for commercial application, and what’s more? Users will be able to run nodes on mobile devices. Not just mobiles, their nodes will be capable of running on PC, cloud, and data center servers.

With millions of TPS (transaction per second) or throughput, users around the world will be able to run IoT devices simultaneously. It will thus be applicable for making payments, paying utility bills, marketing, providers, and many other things as well. Besides, the platform will be of low power consumption and low transaction cost of around $0.05/T.

The team will deploy testnet with full features including state sharding, confirmation in seconds, millions of TPS throughput, system contract and anti-quantum computation, in Q4. Platform will utilize BPLC tokens.

The IEO will take place on Probit Launchpad until September 22.

CryptonX

CryptonX is a cryptocurrency exchange with aim to bridge the gap between cryptocurrency and fiat money and in which 20% of funds of each fee received is deposited to the “token growth fund” and this fund will be utilized in buying CRTX tokens back from the market for subsequent burning and thus increase demand.

IEO for the ERC20-token CRTX will take place until 15 September.

Digital Wallet Project

Digital Wallet Project is a fintech mobile-based wallet established by a group from Japan, and which aims to supporting life of international citizens and through which investors are able to invest using cryptocurrency. The project is based on an existing and already profitable service by Digital Wallet Corporation also based in the same country, which was started in 2016. It has been offering real-time, low-cost, and 24-hour available service.

The platform already built allows users to send money directly to other countries such as Philippines, Vietnam, Indonesia, and etc at any time for 24 hours a day, 7 days a week. Smiles, as the mobile remittance service is called, is already popular with a very high number of downloads in Japan.

They are planning to start a new investment service and they want to expand in the areas of establishing a digital wallet token (DWT) based on ERC20 format, deployment of a wallet service that allows users to transfer money to other Asian countries including Europe, besides Japan, and an investment service that allows international citizens to make investments on variety of projects including agricultural projects.

Eminer

Eminer is a blockchain-based mining hash rate financial services platform to provide hash rate services, financial services (such as pledge, financial management, leverage installments, loan and hedging), investment services and information services. Further, it will allow users to circulate fixed assets including miners and mining farms within the platform and on a secondary market under specific conditions. Users will run EM nodes to enjoy and compete for services offered. They can also pledge a certain amount of their EM holdings to provide other users with hash rate services and gain BTC and EM rewards through their EM nodes.

The service has been operational for more than half an year now and has a large hash rate (320P) contributed from their self-owned thousands of connected machines. They currently own around 20,000 mainstream BTC miners and miners of other currencies, accumulating hash rate of about 320P.

The platform currently supports third party mining field to provide hash rate services for users via competing for EM nodes, and gain EM token at nodes or BTC and EM token dual rewards. Eminer is invested by JRR Crypto, Bitrise Capital, Iconiz, Hash Capital,

A Capital, and more capital firms. The IEO token, known as EM, is based on Ethereum platform and its sale started on OK Jumpstart today Wednesday Jul 31st when it also concluded at 11:00 PM (UTC).

Emjac

Emjac combines green energy and crypto and blockchain to facilitate transparency and traceability of global waste tires management to reduce illegal dumping, and thus ensuring accountability of logistics and production, environment protection, and to ensure the trapped energy and carbon in the waste tires are fully recovered and reused. The marketplace will allow direct trading for both p2p and b2b for collection, procurement and shipping of waste tires and production, sales and shipping of the recycled products worldwide.

The waste tires are targeted to end to the thermal recovery planets around the world. Token holders will be able to trade on supply and demand of waste tires in each country, shipping quotes and buying and selling the recycled products of synthetic diesel, refined black and steel wires on a global marketplace.

The pre-ICO will end on August 10 while IEO will take place on Exmarkets Launchpad starting August 11 and end October 31.

Payment Porte

Payment Porte is a public blockchain-based and DLT digital payment solutions that allows users to send money abroad, transfer virtual assets to their wallet such as through cross-border transactions and payment gateway for modern enterprises, port-maritime industries, importers and exporters of global trade cargo. These users do not have to be tech-knowledgeable or be of level of developers.

Through it, users will be able to pay with fiat, pay out to bank account, and they can transfer virtual financial assets to bifold wallet for payment transfer and store in a complementary wallet. The platform will hold user assets in Bifold Wallet as escrow until conditions for release are met. The smart contract holds payments in escrow until conditions for release are met. The Bifold Wallet can also hold assets on long term storage or to transfer funds to a bank account.

The IEO will launch on Exmarkets Launchpad on August 19 to August 24.

SWAPS.NETWORK

Swaps.Network is a fully decentralized OTC (over the counter) Global Liquidity Pool which provides cryptocurrency exchanges with liquidity for OTC transactions and helps to connect OTC buyers and sellers in a global marketplace. It provides a full-cycle solution that includes registration, management, and processing for OTC deals.

The platform consists of two parts namely token creation & selling mechanic. Through their partnership with MyWish Platform, users are able to create a token within 5 minutes and sell it to public through the platform. This is a great thing for start-ups, small businesses & entrepreneurs looking for capital funding. Users of the platforms will be able to swap non-listed tokens without any limits on volumes, and all trading pairs will be supported.

IEO concluded on Bitforex Launchpad on July 26.

TOK

Tok is an iOS and Android chat or instant messaging application based on Ethereum blockchain and in addition to the chatting features, the app also has an in-built crypto wallet. It will have features that support personal and business use-cases of messaging such as allowing users to host webinars, create and share collaborative documents, do whiteboards, do screen sharing, do video broadcasts, and will have advanced location features and currency transfer support.

The app will bring advantages of blockchain such as securing user data to chat apps, and which makes harder user data breach. Further, it will be compatible on all devices and operating systems, is easy to use and is a cross-platform app. The wallet will let users send as well as buy and sell tokens between each other.

Viaz

Viaz is a decentralized p-2-p lending and funding platform which connects users and acts as a conduit between cryptosphere and fiat currency. Therefore, it will serve both lenders and borrowers of both fiat and digital currencies and use smart contracts for transactions initiated on the VIAZ platform.

It empowers users to borrow, lend, and transfer currencies throughout a global network but unlike banks, is more efficient, cost effective and secure service for all users. Users in need of fiat can borrow fiat with cryptocurrency as collateral and without any middlemen while those in need of income via lending can lend fiat at higher rate of interest and customize their loans without need for middlemen.

It will be the first DAPP on the Tezos blockchain and is a self-amending crypto ledger.

The IEO will start August 7 and take place until August 31.

VibraVid

VibraVid is peer-to-peer desktop and mobile streaming application that lets video and audio creators to stream content to their users. Creators will be able to upload, store, market, lease and sell their content to other users and they can therefore be able to crowdfund event through tickets or selling merchadize directly to their subscribers and fans.

Users are rewarded with the Beatzcoin token, which they can use to buy content, fan merchandise and event tickets or to promote their own content.

The token is based on Tron platform and token sale happens until 01 August.

ZoomEx

ZoomEx presents itself as a cryptocurrency that can handle 1 million orders or transactions per second as the and thus users will be be able to trade well even during the times of network overload. This is in addition to the exchange offering a low commission of 0.05% per transaction traded on their upcoming web-client app. They will start supporting BTC, ETH, LTC, ARCT and ZXE token before they can add any other. As such, it will also vet projects for listing on the crypto exchange.

Other benefits to holders of the token include bonuses in the form of daily lotteries with winners being determined in a random order; and bonuses being given through airdrop(s) from projects before they are listed on the stock exchange.

Holders of the token ZXE will benefit from lower trading commission on the platform, which will be only 0.05% of the transaction.

The IEO for ZooomEx, which is an ERC20-token, will take place between 05 August and 12 August on the ZooomEx exchange.

Zoptax

Zoptax is a U.S-registered company using a decentralized blockchain based VOIP application and Zoptax or ZPT Coin to build security infrastructure that secures user communications when users are connected to each other over Zoptax Network. They will also have Zoptax Phone which will feature Zoptax Embedded App.

With the iOS and Android mobile app, users can use the token to pay to make decentralized calls, pay call fees, send texts over blockchain, and hold it to earn even more tokens. The token is based on the SHA256 algorithm and hence people can run/host nodes and mine the coins as they verify the transactions: plus the calls will go through the nodes hence users will stay knowing they are free from any interruption as would occur in a centralized VOIP platform or network.

The IEO will take place on ExMarkets until 30 August.

Related Posts:

  • No Related Posts