Following several partnership announcements in the previous months, Change bids farewell to 2017 with an exciting partnership with Kyber Network, one of the fastest growing blockchain based projects in Fintech.
Kyber Network is a decentralized and trustless exchange that facilitates instant conversion of crypto-assets with guaranteed liquidity. Kyber’s protocol will be key to promote liquidity of crypto-assets in the blockchain ecosystem, and improve the perception of tokens as a tradable asset class to the greater public.
In an interview published by Forbes, Kyber Network’s CEO Loi Luu has explained that blockchain technology is completely secure, but exchanges are vulnerable to cyber attacks that put users’ funds at risk.
Kyber Network not only tackles the liquidity and security issues of modern crypto exchanges, but also eliminates delays caused by long confirmation times. It also aims to be a payment service that allows anyone to pay for goods and services in any token, while the recipients get paid in their preferred token.
Change is pleased to be Kyber Network’s latest partner in our ambitious common goal of finance without borders. The integration of Kyber’s protocol with the Change Wallet will allow more users to exchange ERC-20 tokens with very little fuss. Change users will be able to use Kyber’s on-chain, conversion services to send and receive different cryptocurrencies without ever leaving the App or using any other interface, allowing for simple portfolio management.
Change Wallet provides a comprehensive approach to mobile finance. Not only it is easy to get started — it takes less than 5 minutes to create an account on any smartphone — it is also extremely sophisticated and secure, with a clean and responsive interface, and state-of-the-art data protection features. Change Wallet facilitates the management of cryptocurrency portfolios, providing fast and secure ways to acquire, store, and transfer major digital currencies such as Bitcoin, Ether, and Litecoin. Other cryptocurrencies that meet the ERC20 token standard will also be supported, including Change’s own token (CAG).
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