MinexPay Report: The Bank, the Partnerships, the Integrations

Since the last report, we were loaded on coffee and development tasks so hard that simply forgot how to talk. What a long but very much exciting time we had!

Ready for the news? Even if not, don’t worry, you’ve got time aplenty to prepare while we inspect the numbers.

We’ve reached 20K!

As the title states, we’ve reached Twenty Thousand, though not Leagues Under The Sea, but pre-orders of our MinexPay cards. To be more precise, we have 23,057 MinexPay card pre-orders, of which almost a half (11,579) are Standard, 4473 are Gold cards, 2402 are Platinum and 4603 are Infinite.

We’ve got the bank!

As was mentioned previously, we have found an agreement with a bank for the MinexPay cards. They are keen to forward-thinking technologies as blockchain and we are ready to announce the bank’s name this week, don’t miss our news. Meanwhile this fresh agreement is cooling down now, we are working on the bank's API integration these days.

The new voices of MinexPay

Every product starts with a great idea and people taking it into the living, but it all worth nothing without a great and ever-expanding community. Now we have that covered! During these weeks we have also started two great marketing partnerships. Our PR activities are now covered by Hapax (https://hapax.tech/) guys who have their hands laying on the back of a PR/marketing for tech and crypto companies beast for a while. We’ve met them in person at the BlockShow Americas 2018 and are very much looking forward to our fruitful cooperation. The words are being spread to our community by INCRYPTICO (https://incryptico.com/), the people who have been the part of the blockchain industry for a long time and are here to help us with the content you’ll love. The team behind INCRYPTICO has been working with all sorts of companies ranging from large exchanges and trading platforms to crypto-related services, ICOs, and now, us. We believe that now we both will deliver a better content to our community and have some spare hands to spin up the product development itself.

Coders code, integrations integrate

We have started our work on the integration of MinexPay into MinexWallet. A good bunch of work is delivered by 5 people, including a UX designer, DevOps, front-end and back-end developers. After we do that, the blockchain will be finally connected to the card world. How cool is that!

Our current objectives are to build an architecture, which will be able to cope with very high loads, processing huge amounts of transactions made simultaneously by lots of users. Currently, it all works out with Kubernetes, the open-source container orchestrator lead by Google. Using it will allow us to have our infrastructure just perfect for the load, thundery expand it several times during peaks and shrink to run it cheaper if needed.

Inside the MinexWallet, a transaction should be lightning fast to work with cards. We’re working on the acceleration of the wallet, so the transactions would take up less than a second.

Sure enough, we’re working on the overall security of both MinexPay and MinexWallet. Any deposits will go directly to the cold storage, which makes them impossible to steal or divert. Everyone will be able to see this using our block explorer. Of course, once we implement our security know-how, we’ll let some independent audit company or white hat hackers to take a look and make sure that the funds are safer than ever.

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That would conclude our report. Please feel free to subscribe to our media to keep in touch and stay updated with the next MinexPay report!