ModulTrade May development highlights

ModulTrade
3 min readMay 31, 2018

Dear supporters,

People talk, ModulTrade team works :)

We are happy to share the results from May:

  • The new generation of ModulTrade Market, integrated with the upgraded features of MT Wallet
  • The progress with ModulTrade presence in Singapore and forming new partnerships
  • The next steps

MT Wallet

May was a pretty interesting month, with the release of a number of new features that our users will be using every day, which include:

Transactions history — Every user can now view the history of transactions for every currency that is supported by the wallet without using third party services. All major info is available in MT Wallet. If you want to view the detailed information about the transactions you can reach the EtherScan directly through the link on the history page.

QR codes functionality — You can pay without typing difficult and long bank payment details or crypto wallets addresses in the following way:

  1. Open MT Wallet on your smartphone and generate the QR code through the “Receive tokens” page.
  2. Read the QR code from the receivers MT wallet through the “Send tokens” page.
  3. Push “Send tokens”

MT Wallet has made it easier for you transfer the value and pay!

*QR code functionality of MT Wallet supports all QR codes that contain ETH, BTC types addresses of crypto wallets.

Multi Language support — MT Wallet has been translated into 6 new languages, the languages supported are: English, Chinese, French, Italian, Korean and Russian.

Besides the accomplishments stated above we’ve done a great job on bug fixing and fixing the interface — 74 bugs were fixed in May. You can now enjoy a better experience on MT Wallet.

MT Wallet is always focused on improving the user experience and developing the latest functionalities for you. Stay updated with the latest developments :)

MT Market

For beta launch we have onboarded several merchants dealing in different product categories. At the outset of the newly released MT Market, we start with handcrafted designer goods, crypto items, portable electronics, gadgets, services and e-goods. We offer you a wide range of subcategories as well, and you may find the selection really diverse and attractive.

MT Holding

After careful selection scrutinization, ModulTrade hired a Singapore legal firm with top FinTech credentials.

While other jurisdictions are uncertain about regulation approaches on crypto services and the growing blockchain community — The Monetary Authority of Singapore aims at creating a clear, flexible and, most importantly, a predictable regulatory framework (which is very important for ModuleTrade).

ModulTrade closely monitors the forthcoming Payment Services Bill of Singapore, and will seek respective advice, and, if need be — authorization to provide services based on advanced FinTech legal environment.

Singapore OpCo shall be registered within the month of June.

MT Partnership

We don’t forget about the promises that we made to our partners and within a couple of months, we are planning to present MT Market and MT Wallet in a few African countries. We hope these applications will become the dominant trading platforms in these countries.

What is next?

The primary goal of ModuleTrade is to polish MT Market (which is ready, we will dedicate a whole post to it) and to implement all the latest cool features within June.

To increase platform engagement, we will launch the MT Academy, aimed at educating users to profitably trading on blockchain.

To further streamline the whole process, we will be updating the MT Wallet to provide support to all the users.

Wishes,

MT Team

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ModulTrade

Democratizing Global trade with Blockchain technology. Chat with us on Telegram https://t.me/ModulTradeIO. Website https://modultrade.com/.