| Dear Customer,
XZEN Project is happy to present May ’19 Progress Report. The reporting period was very successful and eventful for XZEN: Launch of XZEN Mobile App on the App Store and on Google Play Integration of crypto exchange and purchase with bank cards Winning at FiNext Awards&Conference Singapore 2019 1,000 downloads of XZEN App in the 1st month |
| Launch of XZEN Mobile App on the App Store and on Google Play XZEN team has been working hard for a year and a half to make it happen. It was essential for us not to launch a wallet that will be one of many others. We renewed its design, functionality and interface several times before the launch. We had a goal to make a product that would be one of the best on the market in terms of functionality and convenience as well as in security issues. And now we are happy that it has finally happened. Already now XZEN App allows to: buy and exchange cryptocurrencies at best rates easily execute any transaction in a few clicks using “Favourites” make instant zero-fee transfers using “Nicknames” instead of complicated account numbers As for the security issues, XZEN system has some unique features. It is developed on the basis of blockchain technology and “zero trust” architecture so that only XZEN users have access to their accounts. In comparison to banks and centralized exchanges, XZEN users can experience all benefits of decentralization and don’t need to worry about any account lockouts. |
| Integration of crypto exchange and purchase with bank cards A decentralized financial system cannot exist without freedom of choosing any currency out of numerous ones to use. That’s why our vital tasks were to enable: single convenient and secure access to many currencies possibility to purchase cryptocurrencies with bank cards easily and with low fees cryptocurrency exchange at best rates To achieve these objectives, XZEN team has obtained required financial licenses, implemented all necessary KYC and AML procedures and held negotiations with many banks and processing companies. As a result, crypto purchase and exchange are available to users from more than 100 countries all over the world. All operations take less than a few minutes, and purchase rates are one of the best in the market. |
| Winning at FiNext Awards&Conference Singapore 2019 On April 25-26, 2019 Dmitriy Laptev, CEO of XZEN, took part in the winning ceremony at FiNext Awards&Conference in Singapore. XZEN project has become an award winner in a nomination “Excellence in Finance”. The most exciting in our young project was to turn out among well-known big companies like Omise or AsiaPay. We consider this award as a proof that we are on the right track of making a truly revolutionary product. It is an additional incentive for us to continue working with extra energy and to conquer new heights. |
| 1,000 downloads of XZEN App in the 1st month We continue to improve our application after launch by developing new functions daily. However, frankly speaking, it was a surprise for us that we could achieve 1,000 downloads so quickly. XZEN App already has users from dozens of countries and in some of them it is in the top of search results among Bitcoin wallets. We would like to thank our users and community that have given us such a positive feedback. What`s not less significant for us, we received excellent ideas for further development. We would like to emphasize that we appreciate all comments. They are very valuable for us, no matter if they are positive or negative. Only with their help we will be able to create one of the best fintech products on the market. |
| What’s next The following main tasks are scheduled for nearest months: Addition of new coins to the wallet (USDT, Litecoin and Bitcoin Cash) Possibility to add a comment to a transfer Development of P2P crypto-backed loans functionality Integration of payment solutions for private and corporate clients Participation in RISE – the biggest Asian tech conference, scheduled for July 8-11, 2019 in Hong Kong |
| Stay tuned! XZEN Team xzen.io |
