In the meantime, we have been working in accordance with regulations and relevant guidelines from the South African government, FIC, and IFWG.
We’ve made a lot of progress in development over the last year, and we expect the Advanced project to be fully operational in 2024, bringing digital assets into the real world.
We would like to inform you of the development progress completed to date in our roadmap plan.
▶ Launch of TIER app version 2.0
In the third quarter of last year, we completed the launch of an enhanced version of the TIER app, with a much more user-friendly UX/UI and enhanced security system, making it safer and more convenient for all users.
▶ Integration of AUC coin within the TIER app
▶ Integration of en-Cash within South African merchants
We have developed the TIER app to accept payments using Bitcoin and Ethereum, including the digital asset AUC coin/en-Cash, within the TIER app. This is expected to increase the adoption of payments using digital assets in the small retail stores in Africa that we have partnered with.
▶ Integration of security solutions to enhance stability.
▶ Initiation of TIER facial recognition payment solution development.
▶ Beta testing of micro-loan services based on TIER data.
In 2024, we have a number of important milestones to bring en-Cash and AUC coins into the real world, including the launch of the mainnet and the introduction of Value-Added Services (VAS) for utility bill payments, and we will continue to update the community on the progress of our roadmap. So stay tuned to our official community channels.