Tortooga will launch a digital wallet serving Grupo Movil Mexico’s 40 million users, powered by BlocPal’s technology
PUEBLA, MEXICO and VANCOUVER, CANADA, MARCH 12, 2019
Grupo Tortooga S.A de C.V. (“Grupo Tortooga”), based out of Puebla Mexico, and BlocPal International Inc. (“BlocPal”), with headquarters in Vancouver, Canada, are pleased to announce their strategic partnership to jointly develop and release the Tortooga digital wallet in Mexico.
The partnership between Grupo Tortooga and BlocPal has been formed as part of GMM’s strategy to offer its 40 million customers and 60 thousand merchant partners in Mexico with a new upcoming suite of digital financial services.
Guillermo Hernandez Rojas, CEO of Grupo Movil Mexico (“GMM”) said “Grupo Movil Mexico is excited about integrating BlocPal’s platform with its new venture, Tortooga, whose goal is to provide GMM’s customers a digital suite of financial and payment services. BlocPal’s solution is a big step forward in this process.”
Matt Hoffar, CEO of Grupo Tortooga, said “We are thrilled about building a successful long-term partnership with BlocPal and GMM to bring digital solutions to both the banked and unbanked in Mexico.”
Grupo Tortooga will work together with BlocPal to deliver key initial features for the Tortooga digital wallet, enabling digital payments for pre-paid airtime, mobile data and utility bills. The development plan for the Tortooga digitial wallet will involve solutions for micropayments and remittances across North America and will support international currencies including MXN, USD and CAD. The Tortooga digital wallet will serve as a key platform for additional financial services to be developed and offered to GMM’s customers and partners. Planned, new features to be integrated will include more options for deposits and withdrawals and support for new currencies, including major digital currencies.
Nick Mellios, CEO of BlocPal, said “The partnership with Grupo Tortooga to serve Grupo Movil Mexico’s customers is a perfect fit with BlocPal’s vision to help bring financial power to everyone while building out support for the digital currency community. We couldn’t have asked for a better partner or opportunity to showcase our technology.”
About Grupo Movil Mexico GMM, a prepaid airtime, data and bill payments provider in Puebla, Mexico, has over 40 million customers and 60,000 point of sale kiosks. The company has successfully operated for over 10 years throughout Mexico. GMM’s mission is to support the micro-business economy by providing its customers with the technological tools that allow them to achieve banking and formality, strengthening their competitiveness in the face of large national and international franchises. The current operations of GMM do not fall under the supervision of the Mexican National Banking and Securities Commission.
About Grupo Tortooga Grupo Tortooga is a digital extension of Grupo Movil Mexico, the second largest prepaid airtime supplier in Mexico. GMM and DAP Management jointly invested to create Grupo Tortooga in 2018, with the goal to provide digital services and products to the existing GMM user base, enable lower transaction fees, speed-up cross border payments, and help the unbanked and underserved. Tortooga has offices in the city of Puebla and in Mexico City. Tortooga intends to fully comply with all applicable laws and is committed to continue to do so as the regulatory framework in Mexico evolves.
About BlocPal International Inc. BlocPal believes in contributing to a financial world that is powered by everyone and open to everyone. The company has developed a digital financial platform to empower consumers, merchants, and enterprise customers to transact with any currency or asset in a simpler, faster and more secure way. At the core of BlocPal’s service is its decentralized blockchain which has been designed to enable any currency or asset to be digitally signed and traded while complying with financial regulations. With its suite of applications, white label solutions, software development kit and integrations to financial networks, BlocPal’s ecosystem supports multiple touchpoints in the transaction process. These touchpoints include point-of-sale terminals, e-commerce solutions and financial applications, thereby enabling any user, merchant and enterprise partner to easily and safely trade however they choose.
Investors are cautioned that actual results may differ substantially from the forward-looking statements contained in this press release. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of a FinTech related business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
VANCOUVER, British Columbia – Genesis Fintech Inc. (“Genesis” or the “Company”) announced it has signed a letter of intent (“LOI”) for a business combination with BlocPal International Inc.(“BlocPal”).
Pursuant to the terms of the Acquisition, Genesis will acquire 100% of the issued and outstanding shares in BlocPal, thereby acquiring BlocPal’s intellectual property, development program, operations and key personnel. As consideration, Genesis will issue to the BlocPal Common Shareholders three Genesis Common Shares for each one BlocPal Common Share held (3:1 ratio). Any options or warrants for the purchase of BlocPal Shares outstanding at the time of the Acquisition will also be adjusted using the same ratio. It is anticipated that, immediately prior to the business combination, Genesis will have 3,100,000 common shares issued and outstanding and BlocPal will have 28,982,000 common shares issued and outstanding. Upon completion of the business combination, it is anticipated that the resulting issuer will have 90,046,000 common shares issued and outstanding. The resulting issuer intends to raise up to $5 million in new equity financing.
Upon completion of the business combination, Mr. Nick Mellios will be named as the CEO and President of the resulting issuer. Nick Mellios currently owns 6,375,000 of the common shares of BlocPal. The resulting issuer will be a reporting issuer and intends to apply for a listing on a recognized Canadian stock exchange.
“BlocPal is one of the first and leading fintech blockchain payment processors in Canada,” according to Simon Cheng, Director of Genesis. “We are very excited about BlocPal’s proprietary intellectual property and first-mover platform designed to make blockchain and cryptocurrency transactions easier, safer and more efficient.”
“The combination with Genesis is a key next step in the evolution of BlocPal, as we formalize our path to a public listing on a Canadian stock exchange. BlocPal has invested $2.6 Million into its innovative blockchain payments platform and is currently preparing to launch solutions for merchants and enterprise partners. The public listing will help BlocPal continue to raise capital, support the growth of its user base and achieve revenue targets” said Nick Mellios, CEO of BlocPal.
About Genesis Fintech Inc. Genesis Fintech is investigating opportunities in the fintech and blockchain payment sectors.
About BlocPal International Inc. BlocPal provides an advanced FinTech digital payments infrastructure focused on bringing the significant benefits of blockchain and digital currencies to the mainstream. BlocPal’s mission is to provide a simpler, smarter and more secure way to transact with crypto and traditional currencies. BlocPal has designed the first ‘multi-currency, multi-fiat’ decentralized blockchain, using proprietary technology to simplify and secure payment processing. With extensive developer APIs, BlocPal’s ecosystem supports point-of-sale terminals, ecommerce sites and financial applications, enabling users, merchants and enterprise partners to easily and safely transact with crypto or international currencies.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
VANCOUVER, BC / January 24, 2019 / Joint Press Release
BlocPal International Inc. (“BlocPal”) and iBank Digital Asset L.P. (“iBank Digital”, “iBank Exchange”) announced today the signing of their strategic partnership. BlocPal will provide iBank Digital with crypto and fiat currency transaction processing services and iBank Digital will provide BlocPal with security token listing and investment banking advisory services.
“We are very excited to launch the iBank Exchange, powered by Huobi Cloud (“Huobi Cloud”), providing Canadian traders and cryptocurrency users access to Huobi Cloud’s unmatched safety, stability, and user experience in addition to opening new opportunities for new coin issuers who are looking for liquidity, a listing and access to the global capital markets”, commented Manie Eagar, Chairman of iBank Digital.
Mr. Eagar continued, “We are also very excited to integrate with BlocPal’s proprietary intellectual property and first-mover platform, which is designed to make blockchain and cryptocurrency transactions easier, safer and more efficient in the Canadian and worldwide transactional markets. We are also looking forward to listing Blocpal’s BPX Security Token, once all necessary approvals have been received from the Canadian regulators. The BPX Security Token will entitle all holders to receive a royalty payment equal to 33% of BlocPal’s net profits, in addition to potential increases in the token value.”
“We are fortunate to build a strategic partnership with iBank Digital, who we believe is perfectly positioned to help us list and provide liquidity for our BlocPal security token via their relationship with Huobi Cloud,” said BlocPal Chief Executive Officer Nick Mellios. “BlocPal has also gained a great business opportunity to provide its services to iBank Exchange. With BlocPal’s crypto and fiat processing solutions integrated together with Huobi Cloud, we expect iBank Exchange to become one of the leading crypto-fiat trading and lending solutions offered in Canada, generating significant transaction revenue for all parties.”
About iBank Digital Asset (“iBank Digital”)
iBank Digital Asset L.P. (“iBank”), based in Vancouver, Canada, is a world leader in the facilitation and underwriting of crypto trading supported by Huobi Cloud and lending through the first open decentralized global lending network. We connect financial institutions and high net worth clients, providing the most convenient, secure, and fast trading interfaces and systems and intuitive and efficient new trading platforms for our global digital currency users. We are committed to promoting the IOST network and Blockchain development towards the advancement of global communities.
About BlocPal International Inc. (“BlocPal”)
BlocPal provides an advanced FinTech digital payments infrastructure focused on bringing the significant benefits of blockchain and digital currencies to the mainstream. BlocPal’s mission is to provide a simpler, smarter and more secure way to transact with crypto and traditional currencies. BlocPal has designed the first ‘multi-currency, multi-fiat’ decentralized blockchain, using proprietary technology to simplify and secure payment processing. With extensive developer APIs, BlocPal’s ecosystem supports point-of-sale terminals, ecommerce sites and financial applications, enabling users, merchants and enterprise partners to easily and safely transact with crypto or international currencies.
About Huobi Cloud
Huobi Cloud is owned by Huobi Group, the world’s leading blockchain company and one of world’s largest digital asset trading platforms. Established in 2013, Huobi Group’s accumulative turnover exceeds US $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries. “Bring more efficiency to finance and more freedom to wealth” is the mission of Huobi Group. It always follows the management theory of putting the customer first.
For further information, please contact:
iBank Digital Fanny (Ly) Travis Corporate Secretary Phone: 604-689-0618
Since its inception in 2017, BlocPal has been built with one key goal in mind: introducing the benefit of cryptocurrency and blockchain technology to contemporary society. To achieve this, our team chose to build the BlocPal platform over Bitcoin’s architecture. While there are a number of other exciting blockchain variants in use, with more being worked on every day, we decided to go with Bitcoin for a few reasons:
It has an excellent reputation. Bitcoin is the most popular, and arguably the most loved, blockchain in use.
It’s easy to use. Not only is Bitcoin one of the simplest blockchains to understand, due to its popularity and longevity, Bitcoin is also a platform most developers are familiar and comfortable with.
It’s reliable. Bitcoin has been operating since 2009, making it the most tested blockchain around, as well as the most stable and most used.
Bitcoin has a strong following. Along with the supporters Bitcoin has gathered over the years, the platform also has large miner support and is currently one of the most favored blockchains to mine.
Balance of security vs. features. Increased functionality provided by new blockchains also comes at the cost of introducing more risk in security. BlocPal carefully selected key features to upgrade on top of Bitcoin, including the ability to digitally sign any asset into the payload, know-your-customer (KYC), proof-of-work/proof-of-stake hybrid and the X16R hashing algorithm.
Building a Better Platform with BlocPal and Bitcoin
One of the key features that makes BlocPal stand apart from other platforms is its accessibility. It’s designed to suit the needs of everyone who spends digital money — both fiat money and cryptocurrencies — while being simple enough for beginners to use.
Ultimately, Bitcoin is aligned the closest with our vision for BlocPal. It’s easy to use and is a household name, even outside of the blockchain community. Our team of talented engineers have extensive experience working with the Bitcoin source code, making it easier for them to seamlessly implement BlocPal’s innovative features, offering the highest standard of security and customer support.
More on BlocPal
Along with Bitcoin, BlocPal has been designed to support Bitcoin Cash, Bitcoin SV, Ethereum, and Litecoin, with more cryptocurrencies on the way. Using the X16R hashing algorithm, BlocPal supports both POW and POS, and offers ongoing rewards to miners using its platform. As such, this makes BlocPal an easy and attractive choice for Bitcoin miners who want to participate in the next generation of blockchain technology.
Users can take advantage of BlocPal’s innovative multi-currency solution, which enables them to hold, convert, and spend a growing list of cryptocurrencies, as well as fiat. Currently, BlocPal supports USD, CAD, and EUR, but global currencies will continue to be added as the platform grows.
But BlocPal doesn’t just enable users to store money, it enables them to facilitate instant and guaranteed transactions for everyday use as well. Businesses supporting BlocPal can integrate its payment gateway into their point-of-sale system for in-store transactions, or use BlocPal’s online store APIs or ecommerce software plugins now available for WooCommerce and Magento, with more plugins on the way.
BlocPal is excited to announce the addition of EUR to its growing list of supported fiat currencies. The innovative multi-currency blockchain platform now allows users to convert supported cryptocurrencies into CAD, USD, and EUR currencies for users in selected countries.
BlocPal works with Ethereum, Bitcoin, Bitcoin Cash, Bitcoin SV and Litecoin, with more supported crypto and fiat currencies on the way. As BlocPal grows, users can expect to find more than 35 different cryptocurrencies supported on its easy-to-use platform, as well as integrating support in more than 120 countries and compatibility with 50 international currencies.
Offering the next generation in digital asset management, BlocPal makes it easier for individuals to buy and sell products using both cryptocurrency and fiat. To withdraw fiat currency using BlocPal, simply connect the platform to a personal bank account, or to a company account if you’re a merchant, and swap your cryptocurrency for fiat. It’s that easy.
Committed to providing easier conversions from crypto to fiat, BlocPal offers new users a $1,000 limit on all transactions, and will raise limits to individuals on a case-by-case basis. Over time, limits will be raised for all BlocPal users, enabling more people to convert their favorite cryptocurrencies into fiat in larger sums.
Another advantage BlocPal offers platforms with offering similar services is its fees structure. Because BlocPal uses ACH for transactions in the United States, the fees are much lower than traditional exchanges—averaging at $1.80 for a transaction. Processing time takes between 24-48 hours, but same-day service is also available for a premium charge of $12.80 for anyone who needs to immediately send or receive money.
Visit the BlocPal website today to learn more about BlocPal and how it can be used to enhance the way businesses and individuals manage money. Be sure to check back periodically, as the website is consistently updated to add new information regarding fees, supported currencies, and other developments.
About BlocPal BlocPal is a Vancouver based FinTech company dedicated to the mission of “Blockchain Payments Done Right”. The BlocPal platform includes an integrated blockchain, an enterprise level back office together with both merchant and consumer software solutions. Interested parties can find more information on our website or downloading our app for their Android or Apple devices.
BlocPal is an innovative digital wallet which makes it easy for businesses and individuals to manage their digital assets. Through developments in critical partnerships like Bittrex, and other crypto exchanges in the works, BlocPal supports an expanding list of cryptocurrencies including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. Additionally, BlocPal supports a growing number of fiat like the Canadian and US Dollars.
Setting up your BlocPal Wallet is as easy as 1-2-3.
Creating a wallet is very simple. When you’re in the WALLETS tab you will see an option to +Create a Wallet. A new window will appear prompting for the Wallet Name.
Enter a secret passphrase. This is very important! Ideally you want to have a phrase known only to you and not easily hacked. For your safety it is not recommended to take a screenshot because your photos are often accessible by third-party apps. Write it down and put it in a safe place.
Once you have established and secured your passphrase a notification will appear that you have successfully created your wallet.
On BlocPal, you can create as many wallets as you’d like. Create one for personal use and one for business to keep track of your transactions. BlocPal is available for iOS and Android devices.
Since its inception, cryptocurrency has been praised for its ability to quickly and securely send money to anyone, anywhere in the world. What’s more, with the push for mainstream adoption, there’s been a growing need for blockchain payment processing platforms that allow users to buy and sell real-world items using cryptocurrency.
Historically, there’s been a level of uncertainty associated with blockchain-based payments. After all, it was just one year ago when Bitcoin had an average confirmation time of 78 minutes. There’s no denying that blockchain technology has a scalability problem, but the Vancouver-based startup, BlocPal, intends on changing that by revisiting the way transactions are processed.
By the end of 2019, BlocPal fully expects its platform to be capable of processing more than 1,000 real-time transactions per second, and they plan on achieving this thanks to a new and innovative feature: dynamic block sizes.
Scalability no longer a problem
With BlocPal, block sizes are uncapped and grow based on the transaction volume of previous blocks. This means that a block can grow from 1MB to 2MB, from 2MB to 4MB, and so on. As blocks grow in size, more data is allowed to be stored within each block. This translates to more transactions being added to the distributed ledger at one single time. In other words, BlocPal’s scalability means that more users are able to be accommodated as demand increases.
But BlocPal doesn’t just grow with volume, it also shrinks gradually as transactions decrease. By doing so, the blockchain is protected against unnecessary bloat, ensuring that transaction times are always at their fastest.
How BlocPal works
With BlocPal, blocks are formed on average every 2.5 minutes. Not unlike Bitcoin, each 1MB block is able to support an average of 2,020 transactions for BlocPal’s BPX tokens. When performing multi-currency transactions on the BlocPal blockchain, there is an additional payload involved in the transaction so therefore a 1MB block on the BlocPal blockchain can support on average a total of 1,010 multi-currency transactions. However, an exciting attribute of BlocPal’s solution is the ability to group transactions so they are executed in bulk batches. As a result, BlocPal’s architecture is able to compile multiple simultaneous multi-currency transactions from BlocPal wallets into a single bulk transaction recorded on the block, increasing scalability and making it easier to process multiple payments at once.
While a single 1MB block may process on average 1,010 multi-currency payload transactions, when these multi-currency transactions are grouped, that number multiples. For example, when 10 wallet transactions are grouped on a 1MB block, a total of 10,100 transactions within a 2.5-minute period (10 X 1,010 = 10,100) may be achieved.
Combined with the benefits of variable block sizes, the possibilities increase enormously.
If the block size increases to 4MB, the number of transactions processed within 2.5 minutes doubles to 20,200. Moreover, if the size of a block grows to 32MB, BlocPal will be processing roughly 320,000 multi-currency transactions every 2.5 minutes. That’s more than 2,000 multi-currency transactions per second, which is already higher than the average amount of transactions VisaNet has reported at 1700 transactions per second! With the ability to grow beyond 32MB blocks, the BlocPal blockchain has truly been set to scale for the future.
How has BlocPal performed thus far?
The BlocPal team has successfully facilitated approximately $30 billion in transactions over gaming platforms. Moreover, BlocPal recently integrated this back-office payment solution for gaming transactions and has fully customized it, providing users with complementary services to the BlocPal blockchain, including:
Integrations to multiple crypto and fiat currency exchange services
Integrations to global fiat payment networks
BlocPal offers the next generation in online payment solutions, providing users with a smarter, quicker, and more secure way to manage their digital assets.
Always growing, BlocPal currently supports USD and CAD, as well as Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, and Litecoin — with more currencies on the way. Visit the official website today to learn more about BlocPal and how you can use it to send and receive cryptocurrency safer and more effectively.
One of the biggest obstacles holding cryptocurrency back from being used in contemporary society is accessibility. While more businesses are beginning to accept currencies like Bitcoin and Ethereum as payment methods, using cryptocurrency to buy real-world items has yet to gain widespread support. What’s more, due to the innovative and unique nature of blockchain and cryptocurrency, many people are unsure of how it works. As a result, they remain skeptical and, more often than not, avoid using it completely.
Demystifying cryptocurrency with BlocPal
At the moment, cryptocurrency is part of an exclusive club. Only people who’ve had experience trading, investing, or working with decentralized applications are using cryptocurrency in their day-to-day lives. Everyone else is, for the most part, wary of the lawless image associated with cryptocurrency or they don’t know how to use it. That’s where BlocPal comes in.
Designed to make crypto usage safe and easy, BlocPal is one of the easiest ways to introduce newbies to cryptocurrency and blockchain technology. With BlocPal, you can:
Send and receive funds instantly with the push of a button, making it easy to deposit and withdraw funds directly from your bank account.
Exchange between cryptocurrency and fiat money. At the moment, BlocPal supports USD and CAD, as well as Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. And this is just the start!
Use BlocPal as a real-world payment processing solution, enabling you to use cryptocurrency to do everything from buying a cup of coffee to paying your monthly rent.
Buy, sell, and send cryptocurrency without having to register for an account on any exchange.
Benefit from low-cost peer-to-peer transfers with service fees as low as 1% and a maximum of $5.
Enjoy zero service fees for all purchases made with cryptocurrency.
If that’s not enough, BlocPal is also one of the safest and most secure cryptocurrency platforms on the internet. Transactions are instant and guaranteed, leaving you protected from chargebacks that occur with other payment services. Moreover, BlocPal is fully compliant with Canadian and SEC regulations, and all participating merchants have been thoroughly vetted through a comprehensive KYC process. In other words, users get all the benefits of cryptocurrency without the risks associated with exchanges and other blockchain platforms.
Start using BlocPal today
Looking for a new way to manage your digital assets? BlocPal offers security, accessibility, and a fraction of the service fees. Visit the BlocPal website todayto learn more about how you can manage your money without any of the hassle. You can now download the BlocPal wallet on your Androidor iOS deviceand start managing your cryptocurrency more effectively.
BlocPal, the Vancouver based FinTech company, has committed to providing up to 200 free drink tickets to attendees who purchase a drink ticket with the BlocPal wallet app. By GEORGE WATSON November 2, 2018
(Newswire.net — November 2, 2018) — BlocPal, the Vancouver based blockchain payments company, is sponsoring a fun event this Friday at this year’s World Crypto Con show at the Aria Hotel and Casino in Las Vegas. Attendees who show up at the Monster Security Token Event between 2 p.m. and 5 p.m. on the South Veranda across from the Primrose Ballroom will be able to purchase 2 drink tickets for the price of one using the BlocPal app.
“What could be better than a free beer?” asks Nick Mellios, CEO of BlocPal. “Our mission is to make using crypto in the real world simple, and that’s why we decided to put our money where your mouth is! Seriously, we can’t wait to meet a flock of very happy BlocPal users.”
All people need to do is download the free BlocPal app and deposit enough crypto to cover the drinks they want to consume. Using the BlocPal merchant solution, with a snap of their cameras, for each purchase they’ll get another one free. BlocPal has committed to providing up to 200 free drink tickets on a first come, first served basis.
BlocPal, which presented its mainnet this week at the World Crypto Con in Las Vegas, is built over the proven Bitcoin foundation with a series of innovative new functionalities designed to bring cryptocurrency payments to a mainstream audience. Thanks to its unique encrypted data payloads, BlocPal at launch time allows users to pay in any of four cryptocurrencies (BTC, BCH, LTC or ETH) and two fiat currencies (USD and CAD).
Using the BlocPal wallet app, now available on both the Google Play and iTunes app stores, consumers can pay in the currency of their choice without bothersome delays, while merchants receive guaranteed payouts at a fraction of the cost of working with credit cards. The company’s merchant solution makes paying as easy as snapping a photo of a instantly generated QR Code. All pieces of this solution will be showcased in a real world setting at the Monster Security Token event.
“With the BlocPal wallet you can buy a beer or pay your rent with the cryptocurrency of your choice starting today.” stated Mellios. “Our team of 12 expert developers has been working on this solution for months and we’re thrilled to be presenting the live platform today at World Crypto Con. Come join us in the celebration!”
BlocPal is a Vancouver based FinTech company dedicated to the mission of “Blockchain Payments Done Right”. The BlocPal platform includes an integrated blockchain, an enterprise level back office together with both merchant and consumer software solutions. Interested parties can find more information on our website or downloading our app for their Android or Apple devices.
BlocPal to surpass 1000 transactions per second within a year thanks to its innovative new variable block size capacity and encrypted data payloads technology. By GEORGE WATSON November 1, 2018
(Newswire.net — November 1, 2018) — BlocPal, the Vancouver based blockchain payments company, will be presenting its live mainnet blockchain at the World Crypto Con in Las Vegas, NV on Thursday November 1, 2018. With an initial pool of over twenty miners, the BPChain technology is rolling out its mainnet with the goal of surpassing 1000 transactions per second before the end of 2019.
“Thanks to our variable block size and our encrypted data payloads, we are confident that BlocPal will soon be recognized as the most scalable blockchain on the planet,” explained Nick Mellios, CEO of BlocPal. “Today we are proud to be presenting our mainnet solution as well as the first iteration of our mobile apps.”
BlocPal will be showcasing its technology at kiosk # K16 at the Las Vegas World Crypto Con conference being held at the Aria Hotel and Casino between October 31 and November 2, 2018. Not only will they be providing information to possible mining partners, but also will be showing their consumer facing apps and merchant solutions.
BlocPal is built over the proven Bitcoin foundation with a series of innovative new functionalities designed to bring cryptocurrency payments to a mainstream audience. Thanks to its unique encrypted data payloads, BlocPal at launch time allows users to pay in any of four cryptocurrencies (BTC, BCH, LTC or ETH) and two fiat currencies (USD and CAD).
Using the BlocPal wallet app, now available on both the Google Play and iTunes app stores, consumers can pay in the currency of their choice without bothersome delays, while merchants receive guaranteed payouts at a fraction of the cost of working with credit cards. The company’s merchant solution makes paying as easy as snapping a picture of an instantly generated QR Code.
“Our mission is to make using cryptocurrencies simple and painless for everyone. With the BlocPal wallet you can buy a coffee or pay your rent with the cryptocurrency of your choice starting today,” stated Mellios. “Our team of 12 expert developers has been working on this solution for over a year and we’re thrilled to be presenting the live platform today at World Crypto Con.”
BlocPal is a Vancouver based FinTech company dedicated to the mission of “Blockchain Payments Done Right”. The BlocPal platform includes an integrated blockchain, an enterprise level back office together with both merchant and consumer software solutions. Interested parties can find more information on our website or downloading our app for their Android or Apple devices. Source: http://newswire.net/newsroom/pr/00105371-https-www-blocpal-com.html