Category: Zug

TransCrypt: Cryptocurrency will be Available to Everyone

Bitcoin Press Release: It’s not a secret that cryptocurrency has become one of the foremost trends of the year. Lots of people criticize it for its volatility and lack of regulation. But in fact most of the fears have nothing to do with actual risks, they can all be put down to simply not understanding the technology.

30th December 2017, Zug, Switzerland – TransCrypt aims to make cryptocurrency equally available to everyone from a top financial broker to every grandma in the neighborhood. Invest earnings in bitcoins, use altcoins to buy coffee, jeans, or plane tickets, pay taxes in cryptocurrency. How? With TransCrypt – a universal payment system for individuals and businesses.

The app will allow users to handle all the transactions as easily as sending “hi” in a chat. TransCrypt is based on the Telegram messenger – all of the contacts and message history are already there, so users don’t need to keep both apps. What’s more, clients can add their cryptowallets and credit cards.

By the end of 2019, startup plans to introduce all the key functions for major retailers and let customers pay for goods and services right in the chat. Due to built-in free conversion retailers won’t need to worry about their balances – they will receive payments in dollars, euros, or any other national currency of their choice. The team believe this will significantly increase cryptocurrency turnover all around the world.

“Cryptocurrency is already an essential part of our lives. It is a tool that everyone wants to use every day. And it should not be as hard to understand as a Noble Report for instance. People simply don’t need that. They don’t want another obscure app on their smartphone” says Nick Machulis, Chief Executive of TransCrypt.

“User convenience is more important to us than our ego. So we have decided to combine advanced technologies in one simple app, which allows customers to discuss, make a deal, and pay for the purchase in one window. Soon it will be OK to solve all the financial tasks in couple of minutes,”

The main issue for the team is to improve the user’s experience. To let people forget about expensive, complex, and time-consuming transactions. Thanks to the ability to buy, sell, and convert crypto- and national currencies within the interface of a familiar messenger, TransCrypt will become an easy-to-use tool both for the sophisticated investor and for adherents of traditional financial solutions.

The public beta will be released in the second quarter of 2018, and will let users send, receive and convert cryptocurrency in the chat window. Cryptocurrency purchase and worldwide fiat transactions will be implemented within the year. At launch, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin operations will be available through the app, and by the end of the year the company plans to extend this list to 50 currencies.

 Visit the Transcrypt Website: https://tsrpay.com/
Like on Facebook: https://www.facebook.com/tsrpay/
Chat on Telegram: https://t.me/tsrpay
Follow on Twitter: https://twitter.com/tsrpay

Media Contact
Contact eMail: press@tsrpay.com

Transcrypt is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Bitcoin Evangelist Charlie Shrem Joins Particl’s Team of Advisors

Bitcoin Press Release: Particl today introduces Bitcoin pioneer Charlie Shrem to its team of advisors. An early Bitcoin entrepreneur with a history of launching and growing successful companies inside and outside the cryptocurrency space,

Dec. 28th, 2017, Zug, Switzerland: Charlie Shrem brings unparalleled access to services and partners within the blockchain ecosystem. Charlie was founding member of the Bitcoin Foundation and co-founded one the the first and largest Bitcoin companies, BitInstant, in 2011. BitInstant allowed people to efficiently move their money into and within the Bitcoin economy in a fast and familiar way. Partnering with MoneyGram, Charlie brought crypto to people’s front door with the ability to deposit cash for Bitcoin at over 700,000 locations in the United States at its peak.

“I’m excited to be working with Particl,” says Charlie Shrem. “As I see privacy, fungibility and ease of use the main pillars for any crypto. What if there were no needles in the haystack?”

He also is the Business Development Advisor for Changelly, an instant cryptocurrency exchange service that lets you exchange one crypto to another in seconds and supports fiat money payment for any listed crypto. Changelly is an exchange without accounts that makes moving from one crypto to another fast and easy while customers maintain their privacy and control.

Charlie’s penchant for projects that aim to give freedom back to users by solving a problem that exists in services people use everyday aligns nicely with Particl‘s vision: to foster a fully independent, decentralized economy and provide a sustainable environment of collaboration and innovation that empowers peers across different blockchain projects while respecting their rights to freedom and privacy.

Particl is built on Bitcoin not Ethereum as has become the norm in the crypto space this year. Adding to this battle-tested protocol at its foundation, Particl has layered privacy enhancements on the latest code (0.15.1) which no other project has yet done on Bitcoin; Confidential Transactions (CT) and Ring Confidential Transactions (RingCT). Particl created its own blockchain that allows intrinsic value to be layered onto their utility token (PART) through voting rights, governance control or passive income with proof-of-stake consensus. Currently Particl is finishing a decentralized marketplace, Particl Marketplace, which will be a place to spend and earn PART but will not be exclusive to only Particl users.

“We are excited to get some input from an industry heavyweight,” says Ryno Mathee, Particl Founder. “Charlie’s influence and experience will help us grow tremendously.”

As a Strategic Advisor and Mentor to the Particl team, Charlie understands the project’s set of core values which alongside privacy includes crypto-agnosticism. The marketplace is the next step towards Particl’s vision of a decentralized economy and is slated for an alpha release in the first quarter of 2018. Not intended to be built exclusively for Particl users, Charlie will be instrumental in forging partnerships and opening opportunities so that most major cryptocurrencies, and possibly fiat, will be able to be spent on the Particl Marketplace.

About Particl

Particl’s team is growing, currently 16 full-time paid contributors and 20 total and is self-sustaining through the Particl Foundation, a non-profit organization in Zug. Particl’s privacy token and upcoming marketplace are the corner stones being placed for an independent decentralized economy. With the latest Bitcoin codebase as its foundation, Particl has brought privacy to the blockchain with CT and RingCT for the first time. Particl has an active community that will expand as other crypto communities learn a place exists where they can use their coins to buy products.

Visit the Particl Website: https://www.particl.io
View the Source Code: https://github.com/particl/particl-core
View the Whitepaper: https://github.com/particl/whitepaper/blob/master/decentralized-private-marketplace-draft-0.1.pdf
Connect on Social Media: https://particl.wiki/socialmedia-channels

Media Contact:
Contact Name: Paul Schmitzer
Contact Email: paul@particl.io
General Inquiries: hello@particl.io

Particl is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

The post Bitcoin Evangelist Charlie Shrem Joins Particl’s Team of Advisors appeared first on Bitcoin PR Buzz.

Source: BPRB Feed