eidoo Wallet

Eidoo is an innovative mobile app to leverage the full potential of digital currencies in one easy to use environment.

eidoo HD Wallet

  • Ethereum, Bitcoin and all the ERC20 tokens are stored with a single backup passphrase.
  • No full node required thanks to light architecture.
  • Private keys managed by the user and encrypted on the device.
  • High Security Level thanks to Eidoo’s Recovery Tool.

eidoo Hybrid Exchange

  • As safe as a decentralized exchange, as fast as a centralized one.
  • The exchange manager does not have any access to the user accounts.
  • The user enjoys a trading experience with some of the most competitive fees on the market.
  • Cross-trading amongst ETH and different ERC20 assets with a technologically consistent atomic outcome.

eidoo Debit Card

The first step to exploit all the potential of the Eidoo fintech services is the KYC verification.

Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients to avoid anti-money laundering and illegal activities.

KYC processes are also employed by worldwide companies to ensure their proposed agents, consultants, or distributors are anti-bribery compliant. Financial institutions are increasingly demanding that customers provide detailed anti-corruption due diligence information.

After this process, if you follow the steps required to provide all the needed info, you will have the possibility to receive your new Eidoo-branded debit card to convert US dollar, Euro, CHF, and cryptocurrencies too; this all works within the same mobile (and later desktop) application.

After receiving all the needed authorizations, you will be able to leverage all the fiat currency-related services including the Eidoo Debit Card and a personal IBAN, so to use Eidoo as your bank.

This Eidoo Debit Card will be available in the second quarter of 2018, as you can read in our official roadmap here.

Eidoo aims at obtaining all the authorizations needed in Switzerland (FINMA) but also in the whole Europe and America to offer this service worldwide.

Eidoo also plans to open several branches in London and Singapore in the next few years, in addition to the one already existing in Chiasso, Switzerland.

More specific details about the Eidoo-branded debit card can be found on the Technology Whitepaper here.

eidoo ICO Engine

Eidoo will integrate an ICO Engine within the mobile wallet app.

This means that users will be able to participate and join an ICO by directly using their smartphone or tablet.

ICO Engine is an automatic system to participate in Initial Coin Offerings based on the Ethereum Blockchain, and it works through the creation of a smart contract previously authorized by the user.

This way, ICOs will be managed directly from the wallet.

eidoo’s Vision

Eidoo is a blockchain-to-human interface simplifying the interaction between the blockchain and its users.

The purpose of Eidoo is not only to accomplish things that others do not, but to do it in a different way, through a safer and simpler method, maintaining a special focus on the user experience and enabling the complexity of the crypto world to be more understandable.

We want to make only one application, extremely easy to use, and bring the crypto world to the end user; a bridge towards worlds that at this time, as a user experience, are not so close to one another.

The challenge of this project is also to give a common home to technologies whose communities (e.g. Bitcoin and Ethereum) have trouble cooperating due to different visions, creating a tool that manages different technologies through a unique user experience.

Eidoo is the integrator that brings together technologies and services that today already exist, additional ones only imaginable at this moment, and others that we cannot even conceive.

The same vision of an easy to use, secure wallet for blockchain-based smart assets, will embody:

  • a fast, easy to use, disruptive, flexible, feature rich, turn-key Ethereum implementation, based on ERC20 standard and EVM contracts, with an embedded token system to fund the development.
  • a secure, scalable, long-term oriented, privacy-compliant Bitcoin implementation, based on the new asset protocol RGB and off-chain trusted computing, with a traditional non-profit open source funding approach.

Facing an ever dynamic world, both in technology and application user-friendliness, no good solutions that exist can last forever. Through a methodological approach Eidoo will continue to improve both technology and user experience.

Roadmap

  • Aug 2017
    • Wallet (Ethereum)
  • Sept 2017
    • Technology White Paper
    • Ethereum Funding Informative Prospect
    • Eidoo Token sale
  • End 2017
    • Exchange 1/2
  • Q1 2018
    • Wallet (Bitcoin)
    • DAPP module
  • Q2 2018
    • Eidoo Debit Card
  • Q3 2018
    • Exchange 2/2
    • Eidoo National Identity Integration
  • 2018
    • External Services
  • 2019
    • Wallet (more blockchains)

Information

Competition

COSS: Crypto-One-Stop-Solution made easy

What is COSS

COSS stands for Crypto-One-Stop-Solution and represents a platform, which encompasses all features of a digital economical system based on cryptocurrency. The COSS system consists of a payment gateway / POS, an exchange, a merchant list, market cap rankings, a marketplace, an e-wallet, various coin facilities and a mobile platform. The COSS platform unifies all transactional aspects that are usually managed by means of FIAT money, and offers multiple cryptocurrency-related services in one place. The list of potential features of the platform can be infinitely extended, and will continue growing as the platform evolves.

With COSS, usability issues, related to virtual currencies are resolved in an innovative way. The platform gathers the most popular cryptocurrency services and products into one portal allowing users to gain control over their finances, to manage transactions, to integrate merchants’ payments, to deposit funds and so much more.

Learn more

COSS Team

COSS has an international team spread across the world with the managing board based in Singapore, and branches in New York and Bucharest (development team). Apart from having the core team members residing in the above-mentioned locations, we take a great advantage of being decentralized and inclusive at the same time by having team members spread across the world and contributing to COSS remotely.

COSS Mission

The main goal of COSS is to bring cryptocurrencies to the masses. What COSS aims to cater to its users is a complete experience of accessing the available cryptocurrency services and products in the same place. From the very first moment a customer decides to use cryptocurrency he/she will be guided through the platform and its features. Protected from any unwanted negative experience, the user will continuously find the new possibilities to use the platform and to interact on it. By means of this integrative approach to virtual currency services, the platform aims to become the most preferred medium, familiarizing the COSS customers with the cryptocurrencies and the ways of using them. For this purpose, the COSS platform is equipped with its own token, a wallet, an exchange, a merchant platform, payment gateway / POS and a list of features that are closely related to the use of crypto.

COSS Vision

The COSS team is visionary in the way it approaches the development of the Crypto-One-Stop-Solution. On the track to massive cryptocurrency adoption we do not allow the limiting belief systems to interfere with the development of the COSS platform. We accept the changes that the rapidly-evolving technologies bring, and welcome innovation on any and every level. We plan our success with determination and implement it into our strategy that implies the following steps:

  • providing for all the cryptocurrency users’ needs via one-stop-solution services
  • rewarding users for bringing new merchants and affiliates on board
  • establishing a marketplace, where cryptocurrency users and merchants can meet each other seamlessly
  • issuing tokens with real value
  • expanding the network of customers by providing the high-quality services
  • enhancing the security of the system
  • adopting the disruptive innovations

COSS Token

COSS is a 100% self-funded project that did not rely on any external investments prior to and upon its launch. The new and very expansive curve of its development implies launching a token native to the platform that will provide investment opportunities to people who share the COSS vision and believe in the project’s potential. The name of the token is COSS.

The COSS token is a revenue-generating cryptocurrency, that enables owners to receive revenues in the form of transaction fees charged by the COSS system for cryptocurrency transactions.

The revenues are transferred to the COSS token holders’ wallets on a weekly basis. The interest is generated by the transaction fee when transactions in Bitcoin, Ether, and other cryptocurrencies supported by COSS are carried out on the exchange and/or through the POS/Payment Gateway.

The platform generates revenue from three sources:

Withdrawal fees:

  • The cryptocurrency withdrawal fees generate the revenue for the platform, however most of the fees are used by the network to process the withdrawal.
  • Throughout this process no direct revenue is generated, which means that no amount of the withdrawal fee is shared with the DAO token owners.

Exchange transaction fee:

  • COSS utilizes the maker-taker transaction fee scheme, that generates a pure revenue for the platform. The fee is charged from both members of the traded pair.
  • The fees begin with 0.2% of the taker and maker’s fee, and end at 0.04% derived from transactions;
  • 50% of this revenue is shared with the DAO token owners.

Payment gateway:

  • The merchant selling goods by means of the payment gateway or the POS creates the revenue for the platform.
  • The COSS merchant platform operates on a 0.75% fee derived from each transaction;
  • The fee is generated in the cryptocurrency that is used for that respective transaction. The fee is generated in both cryptocurrencies traded within a pair. In the case of a FIAT pair, only the fees paid in cryptocurrencies will be distributed to the token holders.
  • 50% of this revenue is shared with the DAO token owners.

Blockchain Apps – End-user view

Current Challenges

The main reason why cryptocurrencies keep gaining traction is because the use of FIAT currencies imposes limitations on users, such as inability to provide identity protection and the safety of the transaction process.

The problem of credit card payments is that it is an extremely cumbersome process that requires not only a customer and a merchant, but also banks, acquirers, payment processors and a group of organizations operating the network, to participate. This brings up a number of middlemen in discussion, and also increases the transaction costs.

Although the payment technologies are constantly evolving, and the concern about the peer-to-peer (P2P) payments is increasing, in this highly competitive environment, all the players are now working hard to maintain their position in the market, and to disrupt the status quo. This is done to eliminate the complicated and inefficient set of separate processes that are at the core of every payment system.

The payment ecosystem is limited to being a counterpart of a broader commercial landscape, in which fraud management and data privacy are carried out integrally within the IT security framework. This framework spans towards the Internet, mobile devices, social networks and cloud services. As a result, the payment-processing organizations have to manage the risks associated with the online payments in FIAT currency via a complex and slow mechanism. On top of that, many Fintech applications have vulnerabilities when it comes to fraud, theft and chargeback prevention, carrying out cross-border transactions, providing data security, multi-currency payments and on-the-go payments.

According to IBM Commerce ‘Pay It Forward’ e-book there are three major challenges that the payment processing sector faces at the moment:

Satisfying customers’ needs for payment options and localization; Meeting security, privacy requirements and regulations; Reducing complexity across the payment ecosystem.

Competition

 

Source: COSS Whitepaper

Buy COSS and start generating revenue today!

EOS Token ICO

EOS is a new blockchain operating system designed to support commercial-scale decentralized applications. EOS is going to be one of the hottest ICOs on Ethereum network. Even though, Ethereum is just a place for EOS to fund (EOS will have its own blockchain). I expect EOS market cap position to clime in the list because EOS will conduct its crowdsale for the whole year!

I have participated to ICO 29.-30.7.2017 (round #30). I got EOS Tokens 6,4% discount compared to Exchange price (0.008673023 ETH/EOS).

About ICO:

Seven hundred million additional EOS Tokens (representing 70% of the total EOS Tokens being distributed) have been split evenly into 350 consecutive 23-hour periods of 2 million tokens each and will be distributed at the close of each period. The remaining 100 million EOS Tokens (representing 10% of the total EOS Tokens being distributed) have been reserved for block.one as founder’s tokens pursuant to the feedback received from the community to ensure that block.one has aligned interests with those participating in the EOS Token distribution. If a blockchain adopting the EOS.IO software is launched, these founder’s tokens will be locked and released over a period of 10 years.

Brendan Blumer, CEO of block.one said:

“We felt an approximately year-long token distribution was the best method to ensure people receive fair market value for EOS Tokens. We anticipate that strong interest will continue throughout the year as the community continues to learn about the EOS.IO software and the benefits it can bring to their business.”

EOS price:

1 EOS = 1.63000000 EUR
1 EOS = 1.93000000 USD
1 EOS = 0.00526100 ETH
1 EOS = 0.00023540 BTC
Data by CryptoCompare API

GET EOS

EOS techincal white paper