TransCrypt launches Payments Messaging App

TransCrypt, a payment platform has just announced its payment app which can be downloaded and used to send and receive payments in cryptocurrency via popular messaging platform Telegram.

The app makes cryptocurrency payments easy and fast in a tractable and safe ecosystem, and as simple as sending a message. Users will be able to send and request money from contacts via the Telegram interface. Each user will be required to create an instant wallet within the app, which can then be recognized if shared with a friend.

Transactions sustain zero added conversion costs on the bitcoin network. The built-in conversion system means that exchanges are calculated automatically, and payments can be made in the currency with precision and security.

TransCrypt Ecosystem includes the light multi-currency crypto-wallet, a proprietary platform of e-money wallets (European EMI license), and the Tizer blockchain platform. The TransCrypt platform is built in the spirit of the open banking principle, which involves the integration of services of other financial institutions, such as exchanges, banking establishments, the blockchain network. TransCrypt open API can be used by everyone to create their own services and apps. This allows you to vastly improve the quality of service, make transactions cheaper and faster, receive and provide new services.

Addition Of David Drake On The Advisory Board

The launch comes at a crucial time when TransCrypt has added David Drake, founder and Chairman of LDJ Capital, to their Advisory Board to assist the company on its objectives and provide business consulting and profiling through strategic relationships. Drake has been involved in the crypto community as an advisor and speaker, advising a number of blockchain firms to help them successfully fundraise through their respective ICOs.

The CEO of TransCrypt Nick Machulis said,