The ever popular nChain group, who specializes in advanced blockchain technology research, as well as development of it – has made a public announcement they are staking a claim in the Bitcoin Cash wallet provider Centbee.
More About the Centbee Bitcoin Cash Wallet
The wallet is launching this year and works on a worldwide scale. It’s designed to be simple for users to acquire and use to store, and spend at various merchants and retail stores. The deal to fund the massive project was done through nChain Researach Ltd. The company belongs to the larger investment group.
Centbee is based out of South Africa, it was founded by co-CEOs of the company Angus Brown, and Lorien Gamaroff. Both of them are said to be leading experts in cryptocurrency and i’s related blockchain technology.
He’s also been a lead consultant advisor for different regulators and international corporations. He’s highly regarded for being one of the top people in the field, also being a quality and presenter and educator. With more than 20 years of experience in payment operations and banking, as well as being the CEO for eBucks, which was one of the world’s first bank backed virtual currency founded back in 2000.
The company is said to be unveiling some of their new improvements, designed to help merchants accept the BCH tokens for payments at a more affordable price. Also, with more privacy and security than traditional banking payments done internationally without price issues.
Along with that, they are looking to help users/consumers to transfer money easier for less money. And to be able to do it internationally to friends and family more than anything else. Apparently, they’ve been working extremely close with different regulators in South Africa as well as other jurisdictions to help address the issues developed around the risks that come with regulations.
Another, point is that of providing a solid financial investment directly related to the research or any intellectual property and deep technologies. They will ensure the company to function with a more private, secure and trusted wallet that will open up to Bitcoin Cash payments for a worldwide market.
The nChain reaction 100% financially backs products and apps that make the cryptocurrency operate more user friendly when it comes to the P2P cash system. The deal basically shows the reaction of nChain to Bticoin Cash enabled investments that have occurred recently. As of January of 2018, the company has also previously invested into a $1.5 million USD funding project at Yours.org for the new social network for the Bitcoin Cash cryptocurrency.