Mozo 3.0 is on TestNet

MozoX Token
3 min readNov 24, 2018

Six months and twenty one days ago, when Team Mozo presented our White Paper, “MOZO — The Token of Discovery”, for the first time to the cryto-communities, we indicated that Mozo 3.0 would be released in January 2019. On our way to making that happen, Team Mozo is pleased to announce that Mozo 3.0 comprised of our System, Apps, and supporting Web services, is available on TestNet as of today, the 23rd of November 2018.

Shortly, we will release a video clip which will show in greater detail just how Mozo 3.0 works as a product.

The Mozo Team is preparing to run the Mozo 3.0 demo on TestNet.
CEO Giang Phung is running the MOZO 3.0 demo on TestNet for a potential Japanese partner.

The basic features available in Mozo 3.0 as shown on TestNet are as follows:

  • Registration of a Retailer
  • Provision of Beacon sensor to Retailer
  • Airdrop of MozoX tokens to Shoppers, when they walk into the Retailer’s physical store
  • Transfer of MozoX tokens by the Shopper to friends
  • Purchase of MozoX tokens by the Retailer (once the tokens given to Retailer for signing up with Mozo have all been airdropped to Shoppers) to offer continued incentives to shoppers, thereby attracting more foot traffic to their physical stores.

Mozo 3.0 on TestNet includes:

  1. Shopper App & Retailer App (both iOS & Android)
  2. SDK for iOS, Android, Web, and Desktop
  3. Smart Contracts
  4. Core Services
  5. Web services for Operations Support, Token Management, Beacon Management, System Administration, MozoX Scan, and Retailer Registration

Commenting on the TestNet milestone, Mozo’s CEO, Giang Phung stated, “I am delighted that we have reached this milestone. Showing the whole of Mozo 3.0 on TestNet gives us a confidence that the full release of Mozo 3.0 on MainNet is coming soon.

After successful integration with TestNet, Team Mozo will focus on releasing the Apps on the AppStore and GooglePlay.

ABOUT MOZOX TOKEN:

MozoX token: This is a token to discover the future of commerce. A future where MozoX token becomes a digital platform for physical retail malls to thrive side by side with online commerce. MozoX is a blockchain-based token that can be used for transactions across all merchants in both malls and stand-alone locations. It is a spendable token that can be converted from loyalty points when you shop. Due to the burgeoning trend of buying online, physical stores are struggling to compete on price and convenience. To bring foot traffic back into the physical stores, the MozoX token was borne to pivot the comeback of brick and mortar retail.

ABOUT TESTNET:

Testnet, as the name suggests, is an alternative Ethereum network for the developers for testing purposes. You can view a Testnet as a demo network or a kind of beta stage of a cryptocurrency network. So cryptocurrencies transactions on a Testnet do not have any value on the MainNet, and hence TestNet allows developers to conduct experiments without wasting real currency.

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MozoX Token

http://mozocoin.io is a blockchain-based solution designed to help brick & mortar retailers drive foot traffic to their venues