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TabiPay of Aaron System(EveryCoin) advanced to Vietnam
The Aaron System in Thailand has entered into a partnership agreement and started its services for overseas remittance by using TabiPay with AnyNew Co., Ltd in Vietnam. In addition, they also announced strategic technology alliance to introduce the TabiPay payment system into agricultural and livestock industries’ online shopping mall operated by the GCA (Global Clean Agriculture, www.gcaeco.vn) in Hanoi, Vietnam.
AnyNew, which has signed a partnership for overseas remittance service, is a specialized finance company in Vietnam and is in charge of issuing and managing the cards of Master, Visa, and Union in partnership with banks in Vietnam.
This partnership is expected to increase the usage of TabiPay and expand the users as it will protect the interests of the users and reduce the damages by illegal transaction in the fast-growing foreign remittance market between Vietnam and Korea.
Tabi Exchange, the app that specializes in remittances released by AnyNew, is operated on a TabiPay blockchain basis. In an existing market where there is only one-way overseas remittance app that can be sent from Korea to Vietnam, the launch of the Tabi Exchange remittance app, which enables two-way overseas remittance, will greatly expand the existing market. TabiPay, in conjunction with MasterCard, issues a physical currency card for easier usage and user convenience and made it possible to be used anywhere in the world.
Currently, Tabi Exchange is available for download from the Google Play Store and the Apple App Store.
In addition, Aaron System signed MOU for a strategic technical alliance with Vietnam’s blockchain- specialized GCA in relation to the financial blockchain
GCA (Global Clean Agriculture, www.gcaeco.vn) is a blockchain company headquartered in Hanoi, Vietnam. They are operating Vietnam’s largest online shopping mall in the field of applying tracking technology for the origin of agricultural & livestock products and channels of distribution for the first time in Vietnam. The GCA is planning to use Aaron Platform’s TabiPay as a new payment method for internal system payment modules.
Aaron Jin, CEO of Aaron System, emphasized that Aaron Systems will cooperate to strengthen GCA’s successful blockchain payment system operation by applying TabiPay’s fast and convenient payment function to GCA’s online payment system in Vietnam. He also said that this partnership and marketing expansion would help us start a full-fledged move to increase TabiPay’s usage in Vietnam.
In addition, Aaron Jin mentioned, “Unlike the existing StableCoin, TabiPay is a StableCoin based on EveryCoin. The Aaron Platform must hold EveryCoin of its equivalent value to issue TabiPay, which affects EveryCoin’s liquidity. Therefore, the increase in usage through the expansion of TabiPay’s affiliates will lead to an increase in the value of EveryCoin.”
Aaron System will launch TabiPay not only in Vietnam but also in 10 other ASEAN countries including Cambodia, Indonesia and Singapore, and in other Asian countries such as China, Taiwan, Japan and so on. As a result, TabiPay’s usability and scalability will be increased significantly.
Currently, TabiPay is available for download from the Google Play Store and the Apple App Store.
Aaron Platform
Aaron Platform, developed by Aaron system, is a blockchain financial platform for the people who are out of the existing institutional financial service around the world. This project takes aim at financial innovation through new challenges in the distorted financial market where one-third of the world’s population is not receiving financial services.
Aaron Platform’s financial services features enable people living without existing financial accounts to access financial services easily and conveniently. Based on the multi-blockchain technology, the Aaron Platform integrates by linking EveryCoin(Variable Coin) and TabiPay(Stable Coin) and makes it possible to solve the problem of slow speed of blockchain and high-value volatility. So, it is the project building blockchain ecosystem that can be used easily in real life.
As EveryCoin of 12,340,000,000 EVY using on the Aaron Platform was sold by December 25, 2018, ICO was successfully completed. Currently, it is being traded on Global Exchanges such as IDAX, BITONBAY, IDCM, etc., and make a listing agreement with LATOKEN, P2PB2B, and SistemKoin already. This year, EveryCoin has also a plan to be listed on about 20 global Exchanges.
Homepage : http://www.everycoin.io
Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively.
US dollar index retreats
Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.
The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points.
Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%.
At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital.
“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,” says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”
“The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…
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