Fidescom Stakes Ownership in Porto Bitcoin Wallet and Crypto Marketplace

A British cable facilities firm has invested in Porto project from Poland, which is known for developing the virtual asset marketplace as well as the Bitcoin wallet. Founded two years ago, the company carries out its activities mainly in the European Union, especially in the telecommunications industry. The production of the invention was carried out all through this year, whereby it is presently in the finishing phase.

The finances which have been realized will be used in the promotional activities as well as in the development of the product in several parts of the African continent. Due to the investment, Fidescom LP will have 20% stake in Porto, according to officials in the company.

Combining capabilities of the virtual asset wallet and the peer-to-peer marketplace

Porto is largely a smartphone dApp developed by a team in Poland. It is able to combine capabilities of the Bitcoin wallet and the peer to peer marketplace. In many ways, users are in a position of making transactions for purchasing and selling the virtual asset with one another by making use of any system of payment. Porto is known to be a very secure wallet, and is instrumental in assisting people from all parts of the world to purchase Bitcoins from their local currencies.

The system is designed in such a way that all the dealings in the platform are safeguarded through arbitration. Additionally, there are prospects of conducting international transfers with cost-effective commissions with the possibility of storing the virtual asset in the application.

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