Midas Wallet & MCashChain partner with CoolBitX

MCash Chain
MCashChain
Published in
3 min readJul 19, 2019

Singapore, 19th July 2019,

Midas Protocol and MCashChain today announced a partnership with CoolBitX to integrate the blockchain security company’s celebrated mobile hardware wallet, CoolWallet S, with the Midas wallet app. They will also release a co-branded version of the CoolWallet S that will have native support for MCashChain and be available to Midas customers for purchase on the Midashimaya blockchain e-commerce platform using multiple cryptocurrencies such as the TrueVND stablecoin.

MCashChain is a decentralized social e-payment platform which endeavors to enable a frictionless digital economy and by utilizing high-throughput dApps that are compatible with the Midas Ecosystem and alliances. MCashChain eliminates the pain points and instability associated with previous dPoS chains with a supercharged 10K TPS, LightningSend feature, 3-second block confirmation and zero-fee for normal users.

CoolBitX builds secure and easy-to-use blockchain solutions to help foster the mass adoption of virtual assets.

Its flagship product, Coolwallet S, is the world’s original and best mobile Bluetooth hardware wallet that enables the secure cold storage of Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, and ERC20 Tokens and via encrypted Bluetooth, allows users to trade, send and receive assets wherever they are, completely offline and protected.

Mr. Phan Phi Long, COO of Midas & MCashChain commented:

“ Midas Protocol and McashChain always strive to provide users with the most practical and comprehensive solutions. This brilliant, complete hardware wallet solution is a much-needed service that this strategic partnership with CoolBitx will enable us to finally bring to market for our customers that require the highest security standards in virtual asset cold storage, such as the CoolWallet’s CC EAL5+ security element.”

Michael Ou, CEO of CoolBitX, added:

“CoolBitX takes immense pride in CoolWallet S and are deeply humbled when new partners in strategic regions dear to us see enough value in our products to join forces. We are confident that CoolWallet S will form an integral part of our new partner Midas and McashChain’s expanding eco-system and trust that it will offer exceptional value to their dedicated client base, collectively taking us all one more step on the road to mass adoption.”

Learn more about Midas Wallet and MCashChain:

About CoolBitX
CoolBitX Technology Ltd. (CBX) is a Taiwan-based blockchain security company and creator of the first mobile hardware wallet for digital assets. CBX leverages the power of the blockchain to return personal data to the individual and foster a more secure and empowered future. Founded in 2014 by Michael Ou and backed by investors like SBI Holdings and Bitmain, CBX specializes in the manufacturing of U.S.-patented digital asset hardware and developing smart contract platforms for millions of global users. In 2016, CoolBitX introduced its first generation wallet, and released the CoolWallet S in 2018 — the world’s first credit card-sized hardware wallet for Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Horizen, BNB, and ERC20 Tokens. Currently, CoolBitX is focused on the development of a complete KYC/AML solution that will foster optimal regulatory compliance and greatly improve the reputation and operations of the virtual currency industry at large. For more information on CoolBitX, visit https://coolbitx.com/.

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