Agate and Engenesis announce strategic partnership aiming to bring Cryptocurrencies in mainstream economy

Hamed Taghvaei
Sep 5, 2018 · 3 min read

Multi Blockchain payment solution, Agate and Startup Venture Builder, Engenesis have announced a strategic partnership to provide a holistic Crypto solution that is fit for mainstream use. Engenesis has chosen to partner with Agate to provide their technical expertise. Their decision is mainly based on Agate's mission to give the crypto economy a complete set of the decentralized blockchain consisting of a banking grade platform capable of instant transactions coupled with extensive merchant support. Engenesis will provide resources in areas of commercialisation, product development, venture design and market traction for Agate to reach its mission and to reach out to a broader audience base.

The cryptocurrency ecosystem is made up of several elements, most of them having benefits that could impact every user. But the average user is still unaware of such potential benefits. Such a scenario requires getting the right message across to various potential users including customers, merchants, developers, businesses, physical stores, online stores, traders, financial institutions and many more. Agate provides user and merchant applications, API suites, Payment gateways, physical POS systems and the ifiat ecosystem.

Engenesis has a strong product development backbone with 57 engineers across India and Australia. They will engage this development expertise in the making of Agate’s comprehensive blockchain solution which includes making Agate's mission a reality of a true crypto economy. Engenesis would assist Agate in strengthening and supporting their development team, who will be responsible for shaping up Agate solution .

The cryptocurrency world is hampered by slow transaction speeds, low merchant acceptance, high transaction costs and the complexities of trading on several platforms. Users need solutions that would combine all modules of the CryptoEconomy. Agate and Engenesis look to bring a complete solution that solves all problems hindering real-world usage thereby, enabling seamless merchant interactions.

Ashkan Tashvir CEO of Engenesis

About AGATE

Agate is a decentralized blockchain ecosystem providing applications for mainstream crypto usage including merchant transactions. Agate offers near-instant transactions which are combined with low transaction costs. Agate product suite includes a mobile app integrated with an AI trading bot, a merchant app, Developer API suite, Physical POS terminals, Ecommerce plugins and physical debit card facilities. Once established users would be able to make instant day to day transactions and trade in multiple cryptocurrencies from a single platform. Merchants can also accept cryptocurrencies and directly convert them into fiat currencies.

About Engenesis

Headquartered in Sydney, Engenesis is a privately held company. Engenesis is a venture building firm that has its own portfolio of startup companies and also offers extensive support to accelerate early-stage growth. For technology-based and technology-enabled startups, SME’s, investors and corporates, Engenesis provides technology-based product development, venture design and strategy, investment and human capital training to provide founding teams and visionary leaders with an unfair advantage to take their ideas to the market.

Published by : Digital Journal

Agate

Official Medium page for Agate | The world most comprehensive decentralised blockchain platform for instant crypto payments without volatility risk using iFiat Ecosystem.

Hamed Taghvaei

Written by

Agate Co-founder and CEO

Agate

Agate

Official Medium page for Agate | The world most comprehensive decentralised blockchain platform for instant crypto payments without volatility risk using iFiat Ecosystem.

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