CEO of MinexSystems, Boris Shulyaev, has announced the company’s 2018 plans for their cryptocurrency and ancillary technologies; there are exciting developments to come. Shulyaev is a professional economist with extensive experience of the cryptocurrency markets, owning one of Europe’s biggest mining farms.
Minex is a low volatility payment coin and, according to MinexSystems, represents "a new era of payments" where the simplicity of Minex allows ordinary people to use and invest in cryptocurrencies. The roadmap for 2018 crystallises this sentiment further, tackling several problems with cryptocurrencies.
The volatility of cryptocurrencies is currently an obstacle which is preventing global adoption. Minex seeks to reduce volatility, and one way they do this is through their "MinexBank" technology, which is a complex set of algorithms acting similarly to a central bank. It carries out checks and balances to help with "volatility smoothing".
New initiatives outlined in the "MinexSystems Roadmap 2018" include the MinexWallet 2.0. This upgraded wallet improves the user interface. They will also be adding a "Web&Mobile" wallet – a lighter version of their wallet that allows quick transactions without downloads. Perhaps the most exciting initiative is the "Debit Cards" launch, enabling users to make Minex transactions anywhere in the world. The system converts the user’s cryptocurrencies to fiat currencies in real time – even where merchants decline cryptocurrencies, Minex clients can still use them.
If Minex succeeds in 2018, we could be witnessing the birth of the first real global cryptocurrency.
The blockchain industry has grown exponentially, disrupting traditional markets and creating new opportunities for innovation.
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