by Marvin Dumont
Here are key updates on Apollo Fintech.
Apollo Fintech is focused on improving the user experience. According to Steve McCullah, CEO:
… we have set out to not only create the best blockchain technology, but have made user friendliness our main focus. So that when we release our newest accomplishments, they won’t just be the fastest or the most powerful, they will be the most usable.
… We are doing this by developing products that have better features than our competitor, but also utilize blockchain and cryptocurrencies in ways [where] people can see the immediate value.
It then introduces those users to cryptocurrency, especially Apollo, as a convenience instead of a confusing technology they don’t understand. In our opinion there is nothing that will accomplish mass adoption (making crypto normal) faster than this.
The CEX will have Coinbase- and Binance-type models.
… The main Knox website will allow the user to access both, and so will one of the apps. But there will be an additional app that is solely the Coinbase model, allowing anyone to buy in a very simple way.
Knox has many real-world use cases.
… it’s harder … to name a use case that is not planned than one that is …. To give you an example, as far as automated insurance, that’s not planned. But the ability to hit a tab and secure insurance with one click, is.
That is why having one universal KYC and one wallet is an important part. Once you complete KYC, if you decide to, and put your payment info in, it’s like unlocking an unprecedented world of convenience. The person will be able to accomplish virtually any daily task near instantly.
The benefit to a social network is that it is a medium where people spend a great deal of time …. Once they have an account, there is a much higher likelihood they will use other services. If they use any one of the social network platforms regularly, they will be exposed non-stop to a world of services that can be immediately accessed.
There will be exciting features on the social platform.
… early on we will have live streaming, video calling, filters, stickers, encrypted messaging and some really fun new things that have never been done.
… we will be providing the functionality of Facebook, Twitter and YouTube in phase one. This is not some clunky super platform that tries to fit many things into a small box. On the contrary, it allows for separate access so that each can be utilized conveniently with their own individual features on a connected website platform but individual mobile apps. While also allowing access to one wallet, one KYC, one account and all or most of the services in the ecosystem.
Apollo (APL) all-in-one currency combines nearly all features of mainstream cryptocurrencies into the fastest blockchain in the world. Boasting features and advancements such as the first implementation of database sharding, as well as adaptive forging, atomic swaps, two-second blocks, encrypted messaging, decentralized marketplace, decentralized exchange, decentralized applications, and decentralized file storage, Apollo stands as the most feature-rich cryptocurrency on the market. And one of the most advanced.