Swipe is a digital application that offers a Multi-Asset Blockchain Wallet that allows users to store assets securely. The Swipe Wallet has been designed to require Swipe Tokens SXP to perform all functions and utility of the Wallet including to use the services and to make withdraws. Users on the Swipe Wallet can buy, sell, and pay with their cryptocurrencies to fiat directly within the Wallet application as well as purchase Gift Cards and make instant exchanges between all supported assets. Users are able to use their SXP tokens on launch and there are also tiered benefits based on the SXP holding on the Wallet Contract. All Swipe Wallets require a 1 SXP deposit to activate and utilize on-chain functions based on an audited Smart Wallet-Contract to perform its duties. The protocol has been designed and built on Ethereum and destroys 80% of network and transaction fees are and 20% of the fees are retained by the company.
Swipe Wallet Ltd is the company behind the project and is based in the United Kingdom. Swipe is founded by Joselito Lizarondo who also serves as the companies CEO. Joselito has been involved in cryptocurrency payment startups over the course of the last 3 years all with similar executed plans and visions. Swipe Wallet has already developed it’s MVP wallet application for both iOS and Android and will be releasing it to the full public soon. The Swipe Card which is a Visa Debit Card is issued by a financial institution and program managed by an issuer/co-brand partner. The Swipe HQ is located in the financial district of Manila, Philippines.
Swipe Wallet will be the base application that powers the product line tied into the Ethereum blockchain using our Wallet Smart Contracts and Time Lock Contracts that are open-sourced and available on our GitHub pages. The Swipe Wallet will initially support 20 blockchain assets which will be available to be bought, sold, and paid with through the application.