Everus Technologies, a blockchain focused technology company, introduces new updates to its product lineup and the launch of its mobile roadmap. The Everus Mobile Wallet, a blueprint which outlines its targets and goals for the future. Additional mobile-centric services and tools are under development as well. The Everus Mobile Wallet aims to familiarize customers with the simplicity and power transactions conducted on the blockchain.
In light of Bank Negara Malaysia’s move to enforce preventive measures for the misuse of cryptocurrency for money laundering and terrorist financing in 2018, Everus Technologies is also laying out a plan to aid compliance, starting with a preliminary, multi-tier Know Your Customer verification for its cryptocurrency wallets.
Srinivas Oddati, founder and CEO of Everus Technologies says, “We have created what we believe to be one of the most secure and functional wallets around. Everus will be working closely with the supervisory authorities to ensure we stay firmly in line with regulations and any applicable laws at all times.”
With the ability to perform transactions 24 hours a day, the Everus wallet allows for sending and receiving funds anywhere in the world. All transactions will be able to be tracked on the Etherum blockchain, which removes the risk of double spending or fraud ensuring users the ability to keep tab of their transaction status at all times. Users can also now log in via facial recognition or thumbprint scanning for ease of access.
Looking at the burgeoning industry within Malaysia, Everus hopes to educate the people on owning and using digital currencies. In addition, Everus is developing real-world initiatives that utilize blockchain and smart contracts to solve problems in areas such as disaster relief, governance, financial education and others.