THE JOINT VENTURE OF ZAMZAM AND MYCELIUM

ZAMZAM blockchain loan provider and Mycelium repayment program have agreed on joint development of a hardware storage wallet in the sort of a good intelligent greeting card integrated with ZAMZAM cellular savings and finding the program.

The proper agreement within Zamzam and Mycelium actually facilitates many stages of friendly cooperation. In the first stage, Zamzam users will end up being ready to use smart greeting cards to shop digital currencies after its synchronization with their cellular wallets. At the pursuing level, ZAMZAM users happen to be predicted to come to be in a position to give for goods and offerings at those places where ZAMZAM buying program is certainly mounted.

In the long run, ZAMZAM actually intends to attain an Electronic Money Institution or EMI license in the province of Luxembourg, that will allow the ZAMZAM consumers to retailer equally digital currency and fiat funds on their smart cards.

The implementing and the distribution process shall involve basically two stages:

1. The unveiling of production of Zamzam good cards;

2. Popular enactment of ZAMZAM obtaining system.

The initial cooperation with Mycelium shall enable ZAMZAM to resolve one of many very pressing problems obstructing the needed introduction of the blockchain technologies in normal everyday life, which is, the possibility to use digital currencies in payment for materials and services.