Formosa Financial Biweekly Vol.2

Formosa Financial Team
Formosa Financial
Published in
3 min readAug 30, 2018

№00002, 30th, Aug, 2018

Welcome to the second edition of the Formosa Financial Newsletter!

This week we’ve got some more partnership news, platform progress, new team members, and a little international flavor sprinkled in there as well!

Formosa Financial Partnership News

If you’ve checked out our whitepaper or have been following us you know that one of the cornerstones of Formosa Financial’s all-in-one asset management platform is custody.

Safeguarding client assets is of utmost importance and priority, thus we’ve secured partnerships with some of the best hot and cold wallet custodial service providers in the world to build out our service platform.

The first custodial partnership we’re excited to announce is with one of the leading hot wallet solutions in the world. A company specializing in institutional grade custody and security, handling US$15 billion per month across all cryptocurrencies, they process 15% of all global bitcoin transactions…what’s the name of this custodial juggernaut?

Stay tuned to the official press release coming out soon!

With the hot wallet side covered, we’re also finalizing our partnership with one of the leading cold wallet solutions out there, a local Taiwanese firm with a very cool product solution for cold wallet storage.

Platform Progress

CTO Lorne and his development team have been hard at work coding and testing iterations and we are happy to announce that we are meeting our timeline goals with the alpha test of an MVP (Minimal Workable Product) scheduled to be ready for internal testing in early September.

The second version of the test platform, the private beta, is expected to be released in October. Around that time be sure to keep an eye out on our social media channels as we begin to release announcements of our pre-committed client list of companies invited to test the private beta.

Annyeonghaseyo 안녕하세요 !!!

These past few weeks the team has also been meeting with Korean advisors, projects and media to get ready for our push into the Korean market. Above is a sneak preview of an interview that CEO Ryan did with Korean television channel MTN to be aired on television, YouTube and social media in September.

Media and Press

Crypto101 x Formosa Financial

Following up on the platform review by Aaron Paul and Crypto101, Ryan just completed an interview with the team at Crypto101 this past week and the upcoming episode should air sometime this week at http://ico101podcast.com

While you’re waiting check out their other episodes and subscribe to them at iTunes here: https://itunes.apple.com/us/podcast/ico-101/id1332375063?mt=2

New Team Member!

John Chen- Formosa Financial’s new-in frontend engineer

FF team getting bigger! We’re happy to welcome a new front-end designer to the team- John Chen.
John has extensive experience leading projects at top server vendors QNAP and Everfocus, and has 6 years of front-end development experience and 5 years of experience in image processing multimedia programming. He has participated in the development of various projects, such as Cinema28, IPMI, HappyGet, OBM DVR Web UI, ODM DVR Web UI, and will be part of the engineering team building out our platform.

If you haven’t done so already, check out our official website for more info: https://www.formosa.financial — An institutional grade digital asset management tool for crypto holders and blockchain projects.

Also for the latest info, be sure to join our social media channels or just drop by the communities for a chat about the project, fintech or blockchain.

Please join our social communities for up to minute updates and news:

Telegram: https://t.me/formosafinancial

Twitter: https://twitter.com/formosaofficial

Facebook: https://www.facebook.com/formosa.financial

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