Everex.Cash Wallet — Functionality Update!

Other versions here — 🇹🇭 Thai, 🇲🇲 Myanmar, 🇰🇷 Korean

In 2016, Everex laid the foundation of a blockchain powered cross-border money transfer and currency exchange platform. Over the last few years, Everex is working on offering exclusive solutions to corporate and individual clients, to help them move money on a global scale in the most hassle-free manner. Everex is diligently working on delivering lightning-fast, cost-effective and reliable digital transactions all over the world. One of the recent company developments is the platform update of Everex.Cash wallet, which is positioned as one of the first regulatory compliant erc20 token wallets designed for seamless financial transactions and payments.

Today, we are proud to be releasing a long anticipated product update. This release has a major emphasis on our goals of improving the functionality and features of Everex Wallet.

What’s new?

Everex Wallet is one of the first KYC/AML compliant blockchain-powered online wallets. Our foremost aim is to keep up with the latest developments and requirements for the smoothest digital transactions. Listed below are the latest additions to the wallet:

Server structure & deployment process reorganized;

Frameworks, packages, and toolkits upgraded;

Refactoring for multiple services;

KYC (Know Your Customer) and AML (Anti-Money Laundering) regulatory requirements implemented per Thailand’s and Myanmar’s compliance standards;

Regulatory compliant upgrades to restriction and limit systems;

Fees and commission system structure upgraded to meet new business requirements;

User-sensitive data and security key storage system rewritten;

Reporting protocols for regulatory compliance implemented;

Integrated new real-time Ethplorer blockchain scanning structure;

Currency rates system upgraded and provider changed;

Implemented dynamic GAS price calculations to ensure optimized mining with protection from high gas price fluctuations. Now all transactions are mined as fast as possible with optimal rates;

Updated terms of service and privacy policy;

Multiple fixes and improvements.

We invite all registered users to sign in and update their records, and also welcome new users to the application.

Towards a better future

Everex.cash wallet represents one of the first blockchain powered products for financial services designed with regulatory focus in sight. With bank grade KYC and simple user boarding process Everex plans to align users on both sides of digital assets business, including offering blockchain payment solutions to banks and money transfer services.

Our working partnerships include Shwe Urban, Rural Development Bank in Myanmar and one of the largest Thai banks. Those important relationships will help the deployment of blockchain technology for peer-to-peer payments in South East Asian and other regions in order to accelerate financial inclusion.

About Everex Wallet

Everex Wallet is one of the leading blockchain-based applications that supports global financial inclusion in providing access to the global financial system for the billions of underserved population globally. With our wallet, users will be able to:

Send funds in different currencies or digital assets to anyone in the world, with or without a bank account;

Make direct online payments for goods, services, or other purchases is available in the wallet currencies;

Save on currency exchange fees and settlement time for individuals and corporate clients.

Everex Wallet is the blockchain and smart contract powered application that allows financial institutions, individuals and corporates to make peer-t0-peer transfers, currency exchange, and direct payments globally — in a few seconds and at a lower cost per transaction. Our wallet has been built on Ethereum blockchain and has been designed to support multi-currency issued stable coins and digital assets. All transactions are recorded and are publicly verifiable with an in-house viewer, Ethplorer.io or any other independent Ethereum block explorer.

Everex Wallet does not only offer faster settlement time over traditional payment systems, but does also provide convenient gateway to digital assets for different fiat currencies.