team - good team
mvp - no
idea - interesting
competitors - few
market - #hardware
Nov 13th 2017
6 months ago
Nov 30th 2017
6 months ago
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A Russian startup called XZEN has presented a gadget that can manage and store cryptocurrencies and all kinds of bank cards in one place. The multi-currency wallet with the same name simplifies the everyday use of cryptocurrencies and provides a handy and secure way to store one’s assets. It shifts the financial paradigm by allowing anyone to manage and keep their savings independently of any third parties.
XZEN’s universal ecosystem allows users to safely store both crypto- and fiat currencies and make use of various financial services. XZEN users will be able to invest, borrow, and lend their money, as well as make zero-commission money transfers without resorting to conventional banks. Finally, XZEN’s built-in NFC chip enables contactless payments in any of the 36 million points of sale throughout the world.
The XZEN device is designed in high-quality stainless steel and tempered glass and will come with a Qualcomm Snapdragon 430 processor, a fingerprint scanner, and triple encryption and decentralized storage of data, thus enabling secure transactions and storage of financial assets. The gadget will also be dust- and water-resistant per IP67, have a high-contrast LCD display with a resolution of 960 by 640 pixels, and an integrated 1100 mAh battery with a standby time of up to two weeks.
Unlike most devices available on the market, XZEN can store not only cryptocurrencies, but also various company tokens. Thus, its users can make convenient and secure investments in the various projects and ICOs, which are currently on the rise.