BUZ INVESTORS PricewaterhouseCoopers legal partner of Exscudo Exscudo, the blockchain-based financial ecosystem

PricewaterhouseCoopers is now legal partner of Exscudo

The new partnership is aimed at licensing Exscudo as an alternative payment system.

BUZ INVESTORS PricewaterhouseCoopers legal partner of Exscudo Exscudo, the blockchain-based financial ecosystem

BUZ INVESTORS  PricewaterhouseCoopers legal partner of Exscudo   Exscudo, the blockchain-based financial ecosystem, finds a legal partner in the person of PricewaterhouseCoopers Legal OU, member of one of the most prestigious consulting and audit companies in the world.

The new partnership is aimed at licensing Exscudo as an alternative payment system. This will allow the company to trade fiat and cryptocurrencies legally. Obtaining this license in Estonia is the first step to becoming fully compliant with EU and other international financial regulations.

As a consequence, Exscudo will be able to open merchant bank accounts in the EU jurisdiction. This will enable the company to manage fiat currencies as a financial organization.



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PricewaterhouseCoopers legal partner of Exscudo

“We are excited to welcome the law firm PwC Legal as our legal partner. Our team is absolutely convinced that the vast cross-industry expertise of PwC will help Exscudo provide high quality financial services for our clients all over the world”, – says Andrew Zimine, CEO and Founder of Exscudo.

PwC is also designing a wide range of legal documents and procedures covering the acquisition, verification and storage of user data. Besides, PwC also instructs Exscudo regarding the compliance procedures for private users as well as for companies and organizations willing to manage fiat currencies. Since different jurisdictions have different requirements concerning the KYC procedure, Exscudo starts with the Estonian legislation and proceeds to general EU specifications.

The partnership provides for a quality guarantee for Exscudo partners and users in terms of legal compliance and reliability.Like up on FACEBOOK


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BUZ INVESTORS Exscudo, Cryptocurrency Financial Services Provider The cryptocurrency linked financial services platform, Exscudo announces the release of the latest interview video featuring the top managers. In the video, Alex Sitnikov (CTO),

Exscudo, Cryptocurrency Financial Services Provider Releases its First Video Message

The leaders of Exscudo – a cryptocurrency financial service provider, tell the audience more about the project in their new video.

 Exscudo, Cryptocurrency Financial Services Provider

BUZ INVESTORS Exscudo, Cryptocurrency Financial Services Provider The cryptocurrency linked financial services platform, Exscudo announces the release of the latest interview video featuring the top managers. In the video, Alex Sitnikov <span data-recalc-dims=(CTO), " width="300" height="169" srcset="https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/04/Bitcoin-PR-Buzz-Exscudo.jpg?resize=300%2C169 300w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/04/Bitcoin-PR-Buzz-Exscudo.jpg?resize=768%2C432 768w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/04/Bitcoin-PR-Buzz-Exscudo.jpg?w=960 960w" sizes="(max-width: 300px) 100vw, 300px" />

BUZ INVESTORS Exscudo, Cryptocurrency Financial Services Provider   The cryptocurrency linked financial services platform, Exscudo announces the release of the latest interview video featuring the top managers. In the video, Alex Sitnikov (CTO), Julian Kossinov (CFO), and Andrew Zimine (CEO) shed more light on the project to help the cryptocurrency community and general public understand the platform and its products. Exscudo’s products have a lot of aspects to them, including innovative IT solutions and functions in a new legal field. The new financial ecosystem is being turned into a reality by relentless efforts of specialists from various fields.

Alex Sitnikov, a highly-qualified developer who has vast experience working in IT-development for major traditional stock exchanges and companies, gives some information on how the whole system works. The core of Exscudo is its Stock Exchange, on which EON color coins are traded instead of fiat and cryptocurrencies themselves. The secure feature makes it impossible for hackers or cybercriminals to steal from the exchange as the exchange doesn’t store any money and all funds belonging to the users involved in transactions either remain in wallets or bank accounts until the last moment of closing the order.



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 Exscudo, Cryptocurrency Financial Services Provider

Exscudo bridges the gap between traditional institutions and cryptocurrencies in the financial sector. In order to facilitate efficient cooperation between these financial institutions, the company is registered in the EU legislation zone, ensuring full compliance with all applicable financial regulations, anti-money laundering in particular. In the interview, Kossinov states that the top priority of the company is to introduce a seamless exchange procedure not only for cryptocurrencies but also for cryptocurrency-fiat pairs.

The company’s CEO Andrew Zimine believes that cryptocurrencies are meant to change the world. That’s why Exscudo has developed a number of products to solve the problems of accessibility, transparency, and sustainability of the financial market. Zimine, describing Exscudo’s underlying idea says,

“This is your personal access to the financial world, right from any device and for any man on Earth, without intermediaries.”

Exscudo uses an in-house designed distributed network called EON which empowers the whole system. The technology also enables the emission of EON coins that function as the fuel of blockchain and ICO assets. The company will release a total of 240 million EON coins, of which 150.72 million will be available for sale during the ICO scheduled to start on April 25, 2017. The price for 1 EON will be 0.0002 BTC.

Exscudo offers products and services for different groups of users. Institutional investors get an opportunity to invest in the cryptocurrency market with Exscudo Exchange legally. E-commerce businesses and brick-and-mortar stores will be able to accept cryptocurrencies for payment easily and legally with the company’s Merchant platform. Traders from traditional markets will be pleased with professional desktop and mobile terminals that deliver the ultimate trading experience while offering a bird’s eye view of all market data. Individual investors, cryptocurrency miners and even people who are not working on the crypto market can soon make use of Exscudo Channels, the mobile wallet, and secure messenger. The app offers a broad range of functions for storage and exchange of currencies, payments, secure communications and even monetization of public channels.

About Exscudo

Exscudo is the gateway between the traditional economy and the cryptocurrency market. The platform’s main aim is to create an easy-to-use, fast, legal and secure access to the cryptocurrency market for every person with access to the internet and credit card. The platform is in the process of building an entire ecosystem with a range of tools to meet the requirements of people irrespective of whether they are familiar with cryptocurrencies or not.

Learn more about the platform here
Join Exscudo ICO here
Watch the Exscudo Video at – https://www.youtube.com/watch?v=-hEbysSnueU

Media Contact

Contact Name: Ekaterina Kozyreva
Contact Email: press@exscudo.com
Location: Tallinn, Estonia

Exscudo is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Buz Investors Exscudo Channels app Exscudo Channels is the most convenient and secure tool for sending money and information from mobile devices

The Exscudo Channels app unites the functions of a mobile multicurrency wallet and a secure messenger

The Exscudo Channels app unites the functions of a mobile multicurrency wallet and a secure messenger.

The app is to be released in Q2 2017.

Buz Investors Exscudo Channels app Exscudo Channels is the most convenient and secure tool for sending money and information from mobile devices

Why is it so secure?

Buz Investors  Exscudo Channels app Exscudo Channels is the most convenient and secure tool for sending money and information from mobile devices. The Exscudo Team has taken the best practices of blockchain solutions to provide for ultimate reliability of the app. Despite the two-factor-authentication and other common security measures, the team has implemented more advanced features to protect the users.





 

 

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Exscudo Channels app

  • All messages are encrypted before they reach the blockchain. Exscudo Channels uses the algorithm of elliptic curves.

  • It is utterly impossible to track the messages and finances: no one knows where the message comes from and where it goes to. The information is being processed on all nodes of the network simultaneously.

  • The private key is stored on the user device only and is not transmitted to peers.

  • The messenger cannot be blocked or banned, since new nodes and peers can be set up immediately, preventing the system from breaking down.

  • The digital signature protects against unauthorized changes or sending of messages during the delivery process. The public key digital signature is stored in the public domain in the network itself.

  • The HTTPS is an additional security measure to the encryption of messages.

The idea behind Exscudo Channels was to create the optimal solution for secure communications for both private and commercial use. The product will be of interest for users that need a tool for secure business communication, as well as for those who seek absolute privacy and anonymity in everyday chats.

What can I do with Exscudo Channels?

With Exscudo Channels, people can send and receive messages and money quickly, easily and securely. The app unites the functions of a wallet and a messenger, and each of these two sides has its own features.

The multicurrency wallet is connected to the user’s account on the Exscudo Exchange. It allows people to store, send, receive and exchange currencies in real-time with a minimum spread. It also supports NFC for direct payments right from a device. In the future, it will be possible to pay with cryptocurrencies from Exscudo Channels wallets even in convenience stores. The money is being converted automatically: if a user pays from a BTC wallet for a good which has a price in USD, the money is converted by the Exscudo Exchange automatically. The app will also integrate with Exscudo bank cards, but this functionality will be released in later updates of the app.

The messenger supports different types of chats. There are private, personal and group chats, as well as public channels. In private chats, users can send and receive money directly in the chat. The user just needs to tap on the special button to make the transfer. Group chats are usual multi-user conversations for friends and colleagues. The admin of the group channel can invite only his or her contacts to the group chat. But the public channels make the difference. These are created for media people and businesses, as they provide for the monetization of the published content. These channels can be browsed openly in the search of the app and are usually devoted to specific topics: new, hobbies or corporate updates.

Another feature of the app are the valuable likes.

What are valuable likes?

The mechanism is easy: if you like a post by another user, you press the ‘like’ button. By doing so, you send this person a little amount of EONs, the cryptocurrency that fuels the Exscudo ecosystem. This is a way of monetization for public channels, but also a means of approval for personal and group chats.

What does the blockchain do?

The app is based on the EON blockchain. EON is the proprietary product developed by the Exscudo team. The key feature of this blockchain is that it stores only the data that is needed for the verification by other peers. The personal data and the messages is not saved on the blockchain. Before getting into the blockchain, the data is being encrypted. EON is the fuel for all Exscudo products. Its small size provides for high flexibility and speed. EON uses the DPOS (Delegated Proof of Stake) algorithm to process the transactions quickly and safely. The owners of EON tokens can also set up their own nodes and receive payouts of commissions for transactions within the network.

The Exscudo Channels app and the EON blockchain are planned to be released in Q2 2017. Many advanced features will be added gradually in the following updates, after other elements of the Exscudo Ecosystem are launched. For example, the app will support file transfer, voice and video communications in the later updates.Ebates Coupons and Cash Back

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