Roger Ver Takes Role In Monarch Blockchain Corp As An Investor And Advisor, BCH Benefits Too
Roger Ver Joins Monarch Blockchain Corp. As An Investor And Advisor
Roger Ver, a famous supporter of Bitcoin and blockchain technology, has joined the Monarch Blockchain Corporation as an investor and advisor. The addition of a person as prominent as Ver is expected to boost Monarch’s efforts to become a popular entity in the crypto space. The corporation is already working on this by regularly introducing new products and services.
Roger’s first business venture was establishing MemoryDealers.com 20 years ago. Back then, he was still a college student. The company has since grown massively and is still operational to date. In 2005, he launched another company, Agilestar.com, which deals with the production of fiber optic transceivers for use in small computer networks. The firm has also grown to become one of the best-selling in the computing industry.
Regarding Bitcoin, Roger believes that is it one of the east inventions made by humans. This is because it enables people to send and receive money from anywhere without restrictions. Indeed, MemoryDealers.com became the first business in the world to accept Bitcoin payments in 2011.
Another proof of Roger’s support for cryptocurrencies and blockchain technology is his interest in Bitcoin startups. According to his website, he funded first-generation crypto companies such as Bitcoin.com, Blockchain.com, Kraken and so forth. In 2014, he founded Bitcoin.com, which he plans to grow into the largest online resource for Bitcoin-related stuff. Also, he invested in Blockchain.com while it was still run from a personal Mac computer in the founder’s bedroom.
Bitcoin aside, Roger also closely follows Bitcoin Cash. The cryptocurrency was created in August 2017 as a result of a hard fork on the Bitcoin network aimed at improving scalability. Roger believes that Bitcoin Cash observes the rules outlined in the Bitcoin whitepaper, making it digital currency rather than a mere speculation tool.
The new version of the Monarch crypto wallet will support Bitcoin Cash. The wallet, which is available for both Android and iOS mobile platforms, supports more than 1900 virtual currencies. It also has a fiat gateway functionality that enables users to buy and sell cryptocurrencies directly using their bank accounts and credit cards.
Additionally, the Monarch Wallet allows users to interchange ERC20 tokens using the in-app decentralized exchange feature. Other significant features include the ability to switch between hot and cold storage by activating the internet connection of the hosting device, as well as earn interest for their crypto holdings. Lastly, the user is always in possession of the wallet's keys.