In 2017, we are seeing the active development of the crypto-currency industry. Companies strive to offer their solutions to actual problems, for example, the establishment of security and speed of conversion. However, experts in the field of blockchain come to the conclusion that there is a question that has not been resolved so far. It's about acquiring. Instead of waiting for the world's commercial companies to approve the crypto currency as the main means of payment along with Fiat, ambitious developers are already proposing projects that can change the situation.
In October 2017 ICO completed the international project of blockchain-acquiring Cryptonex (CNX). The development team has set the main task - to give an opportunity to exchange any currency of the world for crypto-currencies and tokens, to buy goods and services using a mobile phone and payment cards. All transactions will be carried out instantly and with a minimum commission. Even with the lack of powerful PR support, the Cryptonex team was able to raise $ 18 million. This result was achieved due to the value of the product being developed. Given that more than 200 new ICO appear daily, such an impressive amount demonstrates the relevance and urgency of acquiring for a lot of people.
Today, for the input and output of funds, it is necessary to use exchangers or other services (for example, localbitcoins) that charge a commission and conduct operations for a long time. There is always a risk of falling on an unscrupulous counterparty and losing funds. The withdrawal of money on the card is also difficult, and the ability to pay for purchases of crypto currency using a mobile application is missing. Holders of crypto currency are tired of long waiting for conversion, input and withdrawal of funds and fear of losing funds on exchanges.
To solve these problems, Cryptonex has already developed a secure web wallet that allows you to store and convert popular crypto-currencies. The team started to implement the mobile application and the possibility of working with Fiat. Cryptonex is based on the Scrypt encryption algorithm. This protects transactions and wallets from hacking from the outside. Access can be encrypted, the main thing is to store the password in a safe place.
Some of the individual features of Cryptonex are implemented in other crypto-currencies, in particular, the debit cards Dash and Cryptopay. However, nowhere is there a complete functional aggregating all the main financial flows in the blockchain.
In October, CNX began the process of adding to the stock exchanges. One of the first became Yobit and HitBTC. Compared with the initial placement of coins, the value of CNX has already grown to $ 2.5. The total amount of coins issued to turnover is 105 million CNX. In the near future Cryptonex plans to complete the winter of 2018 testing the mobile application and go directly to the development of acquiring. By enlisting the support of Asian investors from the banking sector, the company already by the end of the year announces the first operations for the commissioning and withdrawal of funds using a mobile application with contactless payments.
The compulsory participation of CNX in acquiring will ensure high liquidity and, correspondingly, the growth of the value of the crypto currency at the exchanges by 70-100 times. As an additional source of revenue, the team offers PoS users mining. The yield is 12% per annum, not counting the increase in the value of the coin. In addition, before putting into circulation 90 000 000 CNX, there is an advantageous referral program with a 20% bonus from buying coins. Such instruments and the prospect of the coin's growth with the large-scale financial and technical support of the project will make some of the holders of Crypto-currency think about including in their portfolios Cryptonex.