RoxeChain Project Update (August 2 to August 8)

Following is the latest project update of RoxeChain from August 2nd to August 8th, 2021.

Product Progress

Roxe Chain

1. Development of the timely synchronization function of nodes;

2. Development of the wallet function.

3. Roxe oracle machine is configured with new RPC;

4. Earn oracle machine price feed API upgrade;

5. Development the calculation function of gas estimated value for multiple contracts;

6. Deploy Roxe_Send, RTS, RPS, PCS in the development environment;

7. RTS, RSS service wallet docking support.

Brand Promotion

Roxe enters the Brazilian market and partners with Rana Express to launch a remittance plan

On August 6th (US time), the next generation payment network Roxe announced that Rana Express, an international money transfer company, will become a Roxe node to carry out remittances from the USA to Brazil through Rana Wallet (Android and iOS versions).

Link:

https://www.finextra.com/pressarticle/88840/roxe-blockchain-payment-network-expands-to-brazil

The Daollar protocol has passed the Beijing ChainsGuard Network Technology security audit

On August 2nd, the Beijing ChainsGuard Network Technology expert team completed the Daollar Protocol (DO) security audit service for Roxe. The Daollar protocol is the world’s first algorithm-based stablecoin protocol based on a central bank model. It is a completely decentralized blockchain economy.

DO (pronounced “dough”is one of the crypto assets of the Roxe payment network, and is the world’s first “central bank algorithm stable coin” native to the blockchain economy, which is pegged 1:1 to the US dollar by roUSD using the central bank algorithm to maintain price stability. A key pass-through for price regulation in the Roxe payment network, designed to provide better price stability than existing fiat and digital asset-backed stablecoins.

DO, an intermediary currency that enables free, frictionless, and real-time exchange with national fiat currencies as well as payments globally. It is an important component of the Roxe payment network, allowing institutions, banks, and others to complete asset exchanges and transfers without using crypto currencies. For countries with very strict requirements or outright bans on stablecoins, or countries that view stablecoins anchored in fiat currencies as foreign exchange transactions, DO stablecoins can be used as an alternative.

Audit Report Link: https://roxe.tech/Daollar-Protocol-Smart-Contract-Audit-Report.pdf

Roxe Director Thomas Trepanier was invited to attend the Global Payment Industry Development Outlook and Roxe Club Establishment press conference

On August 6th, many members attended the Global Payment Industry Development Outlook and Roxe Club Establishment press conference including; Thomas Trepanier, Director of Business Development of Roxe Payment Network, other members like Gu Yanxi, Official Consultant of Roxe Payment Network, Frankie, Founder of Liyan Consulting Company, and many more members to discuss Global Payment Development Outlook.

Roxe Club, a global payment community, will hold the “Global Payment Industry Development Outlook and Roxe Club Establishment Press Conference”.

Community Activities

The “Olympic Games” event has ended and all rewards have been distributed!

On August 8, the 32nd Summer Olympic Games came to a perfect end, and the “Play the Olympics” competition launched by Roxe was also successfully completed, with all the rewards distributed.

In this event, user participation was very high. The users who participated in the quiz invested 1758.58 ROC per capita; the highest rate of return for a single participating address was 929%; the net profit of a single participating address was up to 944.89 ROC; for a single participating address. The maximum investment by one user was 4000ROC, with the minimum investment for a single participating address being 1ROC.

A Roxe “fun quiz” will be launched soon, and users participating in the quiz will have a chance to win beautiful gifts and limited edition NFT cards. (Website: https://win.roxe.tech/)

Roxe continues to expand globally

Roxe’s globalization strategy has entered a new stage! Roxe now has a Telegram account for Turkey, Russian, and a Medium account in Indonesia. The new details are as follows:

Telegram:

Turkey: https://t.me/RoxeTurkey

Russian: https://t.me/RoxeRussia

Medium:

Bahasa Indonesia: https://medium.com/@roxeindonesia

Korea:

Indonesia:

ROC Updates

ROC Price Trend

The cryptocurrency market has started to pick up in the past week, and the price of ROC has also risen. As of 12:00 (UTC+8) on August 8, ROC is quoted at 0.356 U, up 13% from last week, and users who have participated in IEO subscriptions have now exceeded 700% return on investment.

Strategic Cooperation

Roxe has entered into strategic partnerships with more than 20 institutions. Currently, Roxe supports real-time remittance in USD, HKD and GBP, and will launch test programs in Nigeria, Philippines, France, Germany and China in the near future.

Last week, Roxe continued to promote further cooperation matters with (some of) its already signed customers, and the progress is as follows.

• Starting a partnership with Rana Express, an international remittance company. Roxe will start the remittance business from the US to Brazil in the future.

Thank you for taking the time to read this weeks update, stay tuned for next week!