Overall Project Status

Earlier in May, the tech team was pleased to release the 2.0 version of the Android Jwallet, which focuses on user interface and user experience. This full re-design includes improved transaction functionalities, support for 7 different languages, and more. Following the 2.0 launch, the team released additional minor updates focused on addressing bug fixes and enhancing performance for the 2.X series. Finally, the team continues to make progress on Jwallet web, Jwallet iOS 2.0 and Jibrel Search 1.0, which are slated for release in the second half of 2019.

In terms of marketing, Jibrel is working on a number of key fronts — which include refining its approach to acquiring Jwallet customers (especially on Android), and deepening the company’s relationships with its Asian community (and with the Asian market overall).

On the business development side, Jibrel continues to test, learn, and reiterate our B2B offerings based on market & regulatory feedback, enabling us to optimize efforts across different use cases. Particular priority areas include debt (digital bonds and sukuk) and equity in the Middle East. Since Ramadan is a slow month for the region, the team has primarily made progress on the equity tokenization front, collaborating with the Jibrel tech team and with regulators on finding use cases and solutions within that realm.