ModulTrade Products Development Update

Hi everyone and please welcome our development report! Since the last update we’ve made several major changes and hopefully you’ve already met them.

Today we will talk about updates in MT Market (container delievery) and MT Wallet (Fiat to tokens and BTC/ETH to MTRc exchange, KYC and mobile apps)

MT Market

Container delivery

• As far we are doing several large deals that will be delivered by container we have developed a new flow that will allow logistic companies appointed by the buyer to confirm the delivery of the order through special form and the funds will be automatically transferred to the seller.

How the flow looks like:

• The seller creates a new proposal for container delivery
• The buyer decides to buy the product, creates a contract and receives the letter with the information that he supposed to transfer to his logistic agent:

• Upon the delivery of the contract, the logistic agent will enter the special logistics page at http://market.modultrade.com/logistics and type the secret key of the contract and will confirm the delivery by pushing a special confirmation button.
• That’s it! Funds will be transferred directly to the seller.
• On the next release of MT Market we will present a new proposal creation form which will be easier, more intuitive and prettier in terms of design! :)

MT Wallet

Token’s exchange

• You can now buy tokens (BTC, ETH, MTRc) using your credit card — it is convenient & simple
• We have developed the internal crypto-crypto exchange for easier conversion of tokens within our wallet. Now you can change BTC/ETH to MTRc in few clicks without any problems.
• The rate for exchange is fully pegged to the market rate and updates every second.
• We are now developing the robot that will connect our exchange with other cryptocurrency exchanges like Livecoin, IDEX and some other and will do the back-to-back deals.

We made a bunch of minor changes in design, translated new pages to the supported languages and updated the development plan of MT Wallet.

New features of MT Wallet in progress:

• KYC (verification) process

In cooperation with Thomson Reuters and other KYC vendors we are implementing the verification process which will increase the confidence of each member of ModulTrade environment — both buyers and sellers.

• Mobile apps

Everyone will be able to use the wallet on his iPhone or Android smartphone soon.

That’s all for today. Thank you for reading the report and staying with us. Hope you will enjoy these new features!

Do not hesitate to contact us and share your thoughts via our telegram group.

Best,

MT Team