Blockchain Wallet Everex Partners with Myanmar-based MicroMoney

Ethereum-based Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term developer Everex announced today that it has officially entered into a partnership with Myanmar-based microlender MicroMoney. Everex now has access to MicroMoney’s more than 450,000 unique customers and registered users.

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“We chose to partner with Everex because it is the easiest way to deliver money to our customers,” says MicroMoney’s Anton Dziatkovskii. “You just download the e-wallet and that is all. Our customers can expect immediate delivery of funds across borders.”

The companies explain that they are currently in the process of pilot testing the integration and that MicroMoney has been sending money to borrowers via the e-wallet already.

“We have maintained constant contact with our contributors,” says Everex CEO Alexi Lane. “They have expressed excitement over the other partnerships Everex has pursued. In order to meet our contributors’ desires to see business-minded strategic partnerships, Everex has secured the business of nearly 500,000 new customers by forging this partnership with one of Myanmar and Thailand’s leading micro-Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers.”

Lane continued: “And this isn’t the last partnership in the works. We have a litany of projects in the designed to move us towards our straight-forward goal of cross border cash-transfer and micro-lending. We plan on providing our customers with a multi-thronged approach to decentralized applications. While based on proprietary technology we first started developing on the bitcoin blockchain, Everex takes an open-source and transparent approach to financial inclusion, and this integration with MicroMoney is just one piece of that overarching, and sustainable, vision.”

Countries currently served by the two companies include Thailand and Myanmar.