Welcome to today’s installment of the Plutus Weekly Report.

Another week, more exciting developments! Let’s get started.

Please note: our weekly reports have now been moved to the beginning of the week to accommodate the progress made in the previous week and to optimise our visibility.

Right now, excitement is building over our new upcoming feature — being able to instantly charge your bank account by converting crypto to fiat with other Plutus members. This feature will be public and active for all our BETA users by the end of August.

Over 1091 payment service providers already support this feature, resulting in coverage across 16 countries in Europe thus far. Using SEPA, most transfers will take only a few minutes if not less.

Best of all, and much like cryptocurrencies, this is not subject to banking hours or holidays. This means you will be able to charge your account with 24/7/365 availability.

Also, you may have already heard our CTO Martin allude to what comes next: a feature that may very well be unique when it comes to crypto.

We believe that this early in the mainstream adoption of Bitcoin and Ethereum, such a feature will find ample room and reason to be used on a daily basis. More details will be announced within the next few weeks.

Remember, Plutus is all about the idea of #CryptoAnywhere.

The tech team here at Plutus has made serious progress this week:

Real money testing is in progress (internal team testing)

iOS and Android apps have undergone significant improvements with new payout flow related screens and integration

We are preparing our application for publishing in App Store and Google Play

While this does not mean that the Plutus app is ready for public production just yet, our feature-set is shaping up nicely and we are confident that crypto fans will be more than pleased with what we have planned next.