Whitepapers Wirex Token WXT White Paper Explained Summary

Wirex Token WXT White Paper Explained Summary

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Wirex Token WXT White Paper

Summary:

-Wirex Token is a ground-breaking UK-based, FCA-licenced global leader in digital money solutions for individuals and businesses.
-The Wirex platform is designed from scratch and 99% built in-house.
-This unique approach has enabled Wirex to build systems free from legacy constraints using technology that transforms the payment experience – making transactions faster, more efficient and more secure for everyone.
-The Wirex platform is an integrative model utilising cloud-based microservices.
-Each has a specific responsibility and can be updated or replicated without a lengthy maintenance process.
-When we designed the platform, we paid particular attention to security and safety. Wirexs infrastructure is audited and pen-tested on a regular basis.
-In addition, the Wirex platform is PCI DSS Level 1-certified, meeting the industrys highest security requirements.

Explained – Wirex Token WXT White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.

There is a lot to learn about this futuristic tech, lets get started to dive into the Wirex Token WXT white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

We will deep dive into how the coin works by understanding the whitepaper and its summary. Wirex Token (WXT).

Lets understand Wirex Token (WXT) after going through the Wirex Token WXT white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

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Wirex Token WXT White Paper

Wirex Token WXT white paper will be going to provide you, all the information that is needed to get started with Wirex Token (WXT), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Wirex Token (WXT).

Introduction

Wirex is a ground-breaking UK-based, FCA-licenced global leader in digital money solutions for individuals and businesses. Our payment platform pioneered the seamless integration of crypto and traditional currencies to support multi-currency accounts, currency transfers and exchange services.

Wirex has a global footprint with 6 offices across the globe, nearly 2 million registered users and availability in 200 countries and territories. Wirex is built on state-of-the-art technology to make the future of digital payments a reality, today. To realise this goal and facilitate the everyday management of both digital and traditional currencies, Wirex integrates traditional banking infrastructure with cryptocurrency blockchains.

This provides a trusted and cost-effective service for digital money transactions which is relevant for both todays payment environment and the token economy of the future. Wirex is a regulated financial institution and is licensed as an Electronic Money Institution (EMI) by the UK Financial Conduct Authority (FCA).

The Wirex platform is designed from scratch and 99% built in-house. This unique approach has enabled Wirex to build systems free from legacy constraints using technology that transforms the payment experience – making transactions faster, more efficient and more secure for everyone. The Wirex platform is an integrative model utilising cloud-based microservices.

Each has a specific responsibility and can be updated or replicated without a lengthy maintenance process. When we designed the platform, we paid particular attention to security and safety. Wirexs infrastructure is audited and pen-tested on a regular basis. In addition, the Wirex platform is PCI DSS Level 1-certified, meeting the industrys highest security requirements.

White Paper Link: Wirex Token WXT White Paper

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