What’s next for Bitcoin Vault?

RP
Bitcoin Vault BTCV
Published in
3 min readMay 5, 2021

Bitcoins Vault’s roadmap outlines a very ambitious future for the one-of-a-kind project. Third-party lending, fiat integrations and wrapped BTCV are just a few of the exciting developments planned to increase market adoption over the next year. Let’s take a look at what exactly these upcoming products and services are and the benefits they will bring to the BTCV ecosystem.

Fiat and payment gateway integrations — Q2 2021

The easiest available method to buy BTCV is first to purchase Bitcoin or another major crypto with fiat money (USD, EUR, GBP, etc.) through a third-party platform, and then use an exchange to trade it to BTCV. Fiat and payment gateway solutions will allow users to directly purchase Bitcoin Vault with traditional money using a credit card or bank transfer.

We plan to integrate multiple fiat payment gateway solutions directly into the ecosystem to provide payment options for all major traditional currencies.

The benefit: There will be a significant increase in options for purchasing BTCV. It will make for an improved user experience with BTCV being directly purchasable using all major fiat currencies.

Data analysis platform — Q3 2021

The BTCV blockchain explorer is one of the best tools for discovering all the technical and analytical information you need to know about BTCV. But it can be challenging to navigate for new users and those without the technical know-how. The creation of a data analysis platform will deliver all information on the blockchain explorer in an easy-to-use way.

The BTCV data analysis platform will show the user information such as the number of daily transactions, the average volume of transactions, the number of 3-Key Vault wallets, and the current hash rate and difficulty factor. All presented in an easily understandable format through the use of infographics, charts and graphs.

The benefit: The Bitcoin Vault data analysis platform will make it easy for all community members to access information on the real-time status of the BTCV network.

Wrapped BTCV — Q4 2021

The “wrapping” of BTCV is the process of exchanging your BTCV coin to a token of the same value that can interact with the Ethereum ecosystem. Our development team is currently working on building BTCV’s own platform to accomplish this interaction. The token that users will get in exchange for their BTCV will be called “wBTCV,” which will always hold the same value as a native BTCV coin and can be exchanged 1:1 for BTCV any time.

The benefit: Wrapped BTCV will create new possibilities for the community to explore and benefit from the popular Dapp and DeFi spaces currently operating within the Ethereum ecosystem.

2022 and beyond

Bitcoin Vault’s 3-Key Security Solution remains one of the most effective anti-theft resources available in the cryptocurrency world. In 2022 and beyond, we aim to continue improving on this one-of-a-kind feature and explore its functionality within a Dapp environment.

Our experts plan to introduce every development and new feature to benefit the users and expand market adoption. The BTCV community is, and will always remain, our number one priority going forward.

For more information about Bitcoin Vault, please visit our website:

https://bitcoinvault.global/

and follow BTCV social media:

Telegram: https://t.me/Bitcoin_Vault

Twitter: https://twitter.com/vaultbitcoin

Facebook: https://www.facebook.com/bitcoinvaultofficial

Instagram: https://www.instagram.com/bitcoinvaultofficial/

Youtube: https://www.youtube.com/c/BitcoinVault

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RP
Bitcoin Vault BTCV

Early adopter, blockchain enhusiast, professional communicator.