In order to make it easier for cryptocurrency holders to spend their coins in everyday transactions, TenX has created a mobile wallet, and connected it to a bank-licensed debit card.
Users can load their debit card with cryptocurrency from their wallets–currently Bitcoin, Ethereum, Dash, and ERC20 tokens–and spend those in any online or brick-and-mortar stores with a credit card POS system.
Though currently users are only able to exchange cryptocurrency with TenX, the ability to engage in atomic swaps within the mobile app will be available in 2018. Down the road, TenX will support up to 40 different cryptocurrencies, other forms of payment, and allow other users to act as liquidity providers.
Dr. Hosp also discusses the future of tokens and the digitization of many different assets, upcoming regulations, and how TenX is planning to use those to build into the future.