New York, May 16, 2019 (GLOBE NEWSWIRE) -- Fusion Foundation, the non-profit organization building the next generation infrastructure for decentralized global finance, today announced that it is now partnering with Zeux, the world's first crypto mobile payment and investment application, to expand access to digital asset investment opportunities through Zeux’s simple, safe and user-friendly mobile payment and investment app.
Founded in 2017, UK-based Zeux is a Financial Conduct Authority (FCA) regulated entity now approved to operate in the EU with plans to roll out to the rest of the world in 2020. Zeux aims to transform global payment and investment services by making complex and expensive financial management processes easy and accessible to everyone. Zeux’s blockchain-based “all-in-one” financial app connects fiat, crypto, and investment opportunities within a single integrated mobile app.
The combination of Zeux’s secure and easy-to-use interface and Fusion’s groundbreaking blockchain technology will drastically lower the barriers to entering the crypto space and accelerate consumer adoption of the Zeux app. Specifically, Fusion brings unique and advanced functionality for creating digital assets through its breakthrough Distributed Control Rights Management (DCRM) technology as well as its innovative approach to Time-locking and Quantum Swapping.
“Zeux’s comprehensive and regulatory compliant, retail-oriented solution is positioned to drive day-to-day adoption of digital assets,” said Dejun Qian, Founder and CEO of Fusion Foundation. “We are excited to work with such a sophisticated partner who understands both retail and institutional finance.”
Zeux’s patented and secure Know-Your-Client (KYC) service enables users to retain control of their private key for their personal data vault and open multiple financial accounts with KYC information verified on the blockchain. In the coming months, the company expects to complete tokenization of all platform financial transactions.
“Fusion’s ability to bring together various assets, from basic stablecoins to more complex asset-backed digital securities, will be an exciting addition to our customer offering,” said Frank Zhou, Chief Executive Director of Zeux. “Their focus on building the tools powering financial transactions is of immense value to the blockchain world.”
About Fusion Foundation
Fusion Foundation is a non-profit organization building the next generation infrastructure for decentralized global finance. By providing innovative companies and developers with the open source technology they need to build peer-to-peer time and value-based applications, the world will enjoy financial transactions that are more accessible, efficient and transparent than previously possible. Fusion’s seasoned team of industry veterans led by Founder and CEO DJ Qian, a blockchain pioneer who previously launched two top 20 global blockchain projects (VeChain and QTUM), is working to collaborate with financial institutions, cryptocurrency companies, businesses, peer-to-peer lenders, third-party app developers, academia, and the broader blockchain community. By providing the foundation that enables different cryptocurrency tokens, digital assets, off-chain values, and data-sources to be created and exchanged between the Fusion blockchain, other blockchains and financial systems, Fusion is moving ever closer to a globally accessible system for the free exchange of values. Visit www.fusion.org to learn more about Fusion and its partnership program.
About Zeux
Zeux’s mission is to transform existing financial services by making complex, expensive and burdensome financial management processes simple, convenient and affordable for the customer, thus making the best services accessible to everyone. Zeux is an FCA regulated entity which has soft launched its product and will officially launch its operations in the EU in 2019. It has the ambition to roll out services to the rest of the world in 2020. With your support for the Zeux project, we will accelerate the development and bring this best-in-class product to benefit millions of users around the world. Visit www.zeux.tech to learn more.