We can proudly announce that the development of X12 and its amazing ecosystem has already reached a lot of milestones. Our team is incessantly working hard on the next steps in order to create a cryptocurrency that surpasses all the existing coins in its simplicity, user-friendliness, safety and privacy.
What have we achieved so far?
We managed to create a privacy coin that offers secure and untraceable transactions for everyone. X12 coins can be stored, sent and received anonymously and can only be accessed by the user who knows the password.
Thus our users are independent but still protected from surveillance and hacker attacks. X12 is the first privacy coin on the market that offers this high level of security to anyone. Even newcomers to the world of cryptocurrencies who might not be that tech-savvy, can easily carry out transactions with X12 and benefit from all those advantages. Users who are already part of the cryptocurrency community will welcome the new coin and its revolutionary features and new users will be able to start using X12 due to its amazingly simple handling. It is not necessary to have an extensive technological know-how with X12 because it is simple and easy to use in every aspect.
X12 is the first coin that provides the buyer with an ecosystem that is extremely well developed and that offers secure and simple ways to translate the coins into cash, thus incorporating them in the real world.
The coins can be stored and traded in our graphically pleasing desktop wallet from the comforts of your home or sent and received via a mobile wallet on your mobile devices. So far, we have developed an iOS app to install on your iPhone and we are launching an Android app in March 2018. Some shops are already part of the X12 community and accept X12 as a payment for their goods and services. Many more shops will be joining in the future. That way our users can do their shopping with their mobile wallets, translating their coins into cash in an instant. X12 works with a payment plugin for WordPress Woocommerce. This means that it is possible to purchase items in online shops using the popular WordPress plugin Woocommerce. Currently more than 3 million shops are using this system and are open to X12 coins.
What is happening in the future?
Some developers from the X12 core developer team have together formed a company called SkyWallet. With SkyWallet, users will be able to store and trade their X12 coins in a cloud, providing them with access to their wallets anywhere and anytime. A high level of security – even higher than provided by many online banking systems – is protecting the wallets, only granting access to the users if they have their password. Not even developers can access their coins. Privacy keys and passwords are scrambled in a way that is incomprehensible for hackers.
A really amazing feature of SkyWallet is the function to easily exchange coins between SkyWallet users. The only information that is needed for such a transaction is the user’s email address. The coins will then be transferred instantly and easily. This instant transaction feature is launched in February. In March we are starting to set up ATMs in German speaking countries and in the course of the next four months, 120 ATMs will be set up in total. These ATMs will work like normal ATMs with the difference that the cash that you can withdraw will not be taken from your bank account but from your X12 cryptocurrency wallet. Thus you have quick and easy access to your money and can immediately use it in your daily lives.
The next big step will be taken in August 2018 by introducing a debit card for the X12 coins. Much like a normal credit card, the debit card can be used in stores or restaurants to pay for your goods and services. The exchange rate for the coins will always be the current rate in the moment of transaction. This debit card will give you a new freedom and independence in the use of your cryptocurrency.