Place/Date: Tallinn, Estonia - April 10th, 2017 at 4:36 pm UTC · 4 min read
Contact: Ekaterina Kozyreva, Source: Exscudo
The cryptocurrency linked financial services platform, Exscudo announces the release of the latest interview video featuring the top managers. In the video, Alex Sitnikov (CTO), Julian Kossinov (CFO), and Andrew Zimine (CEO) shed more light on the project to help the cryptocurrency community and general public understand the platform and its products. Exscudo’s products have a lot of aspects to them, including innovative IT solutions and functions in a new legal field. The new financial ecosystem is being turned into a reality by relentless efforts of specialists from various fields.
Alex Sitnikov, a highly-qualified developer who has vast experience working in IT-development for major traditional stock exchanges and companies, gives some information on how the whole system works. The core of Exscudo is its Stock Exchange, on which EON color coins are traded instead of fiat and cryptocurrencies themselves. The secure feature makes it impossible for hackers or cybercriminals to steal from the exchange as the exchange doesn’t store any money and all funds belonging to the users involved in transactions either remain in wallets or bank accounts until the last moment of closing the order.
Exscudo bridges the gap between traditional institutions and cryptocurrencies in the financial sector. In order to facilitate efficient cooperation between these financial institutions, the company is registered in the EU legislation zone, ensuring full compliance with all applicable financial regulations, anti-money laundering in particular. In the interview, Kossinov states that the top priority of the company is to introduce a seamless exchange procedure not only for cryptocurrencies but also for cryptocurrency-fiat pairs.
The company’s CEO Andrew Zimine believes that cryptocurrencies are meant to change the world. That’s why Exscudo has developed a number of products to solve the problems of accessibility, transparency, and sustainability of the financial market. Zimine, describing Exscudo’s underlying idea says,
“This is your personal access to the financial world, right from any device and for any man on Earth, without intermediaries.”
Exscudo uses an in-house designed distributed network called EON which empowers the whole system. The technology also enables the emission of EON coins that function as the fuel of blockchain and ICO assets. The company will release a total of 240 million EON coins, of which 150.72 million will be available for sale during the ICO scheduled to start on April 25, 2017. The price for 1 EON will be 0.0002 BTC.
Exscudo offers products and services for different groups of users. Institutional investors get an opportunity to invest in the cryptocurrency market with Exscudo Exchange legally. E-commerce businesses and brick-and-mortar stores will be able to accept cryptocurrencies for payment easily and legally with the company’s Merchant platform. Traders from traditional markets will be pleased with professional desktop and mobile terminals that deliver the ultimate trading experience while offering a bird’s eye view of all market data. Individual investors, cryptocurrency miners and even people who are not working on the crypto market can soon make use of Exscudo Channels, the mobile wallet, and secure messenger. The app offers a broad range of functions for storage and exchange of currencies, payments, secure communications and even monetization of public channels.
Exscudo is the gateway between the traditional economy and the cryptocurrency market. The platform’s main aim is to create an easy-to-use, fast, legal and secure access to the cryptocurrency market for every person with access to the internet and credit card. The platform is in the process of building an entire ecosystem with a range of tools to meet the requirements of people irrespective of whether they are familiar with cryptocurrencies or not.
Disclaimer Exscudo 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.