Minexcoin updates its Roadmap: debit cards, Atomic Swaps, Green Something and more for 2018
On February 5, 2018, MinexSystems, a blockchain solutions company for products such as Minexcoin and MinexBank, officially launched its updated 2018 roadmap. Although traditional markets and cryptocurrencies go through times that are not very comfortable, it seems that the Minexcoin team has developed a firm plan on how to go through them benefiting the crypto-community. The roadmap extends until the fourth quarter of 2018, designed to expand a holistic ecosystem for MNX.
The company believes that 2018 will become a year in which decentralized payment methods will receive great support, not only among crypto-enthusiasts, but also among ordinary people. In this publication, we take a look at the milestones in the roadmap and how they will help Minexcoin move forward. The launch of the roadmap begins by mentioning the progress of the existing solutions: Minexcoin, Minexbank and MinexWallet.
The team says that MNX has many development paths. In 2018 the developers will focus on several directions at once, which will strengthen (by taking the niche of the system) and approach the world's best rated payment system. As for MinexBank, it is already in the conclusion of the final test of the autonomous algorithm of volatility smoothing. Since the end of last year, the bank's system was completely remodeled and improved qualitatively. Now MinexBank expects some cosmetic and usability improvements. Also by the end of the first quarter, the team plans to please the community with the iOS version for mobile banking. After the launch of the application, it was expected to launch a new hard-wallet version. You will find an improved interface, a completely new design and quality UX in it, says in the roadmap.
The first major releases scheduled for the first quarter will be MNX Atomic Swaps and an alpha version of the decentralized exchange. Minexcoin will become one of the few currencies with which blockchain allows direct peer-to-peer exchange transactions on separate chains. Immediately after the submission of the work code, the team plans to contribute an interest-free exchanger for the MNX / BTC and MNX / LTC pairs to the community.
After the final debugging of the alpha version, a decentralized exchange will be officially launched. Thanks to Atomic Swaps, you will provide a high level of security with as low commissions for traders as possible, at the same time.
The second quarter will also begin with two exciting releases. First there are the web and mobile wallets that allow MNX to be used without the need to download the blockchain, install software, etc. Second is a debit card release that will allow paying in MNX all over the world. In short, the system can convert your virtual currency into fiat so that all markets are open to you. Even those where this type of payment is not provided.
As soon as MNX receives new payment possibilities, three different products will be launched to improve the usability of Minexcoin as a payment service. MinexMerchant will allow MNX to be added as a payment tool to any company. With MinexMarket, users can sell digital or real goods and services. And MinexPlatform will become the definitive tool to create any kind of digital values. The platform will work in two versions: standard and business expansion for companies. It will be a set of blockchain-based solutions combined in a single family, like any suite of design or office applications. Without the need to study the code, you can create decentralized records, issue your tokens or create smart contracts for different business needs.
For the fourth quarter, the company announces the preparation of the bases to develop Green Algo and its own decentralized computer. The updated algorithm for the MNX blockchain will make it possible to spend mining capabilities not only in calculations for the sake of calculations, but to guide it for the benefit of society (for example, for science or health care needs). The decentralized computer will become a virtual Turing environment for the realization of intelligent contracts in the Minexcoin network and will open up a whole range of new opportunities for the company by 2019.