Introducing "Cryptolife"-- a game-changing digital app built to integrate with the Tezos blockchain for new and existing Tezos token holders. The app will offer a mobile-first, digital asset-friendly platform for users to manage their digital assets and access new services right from their fingertips
FREMONT, CA: The fast-growing fintech Baanx has announced the introduction of Cryptolife, a game-changing digital platform for new and existing Tezos token holders that integrates with the Tezos blockchain.
Tezos, the original Proof of Stake system that spawned a thriving community, has gained tremendous traction in 2021. The Tezos Cryptolife app now includes a new, mobile-first digital asset management platform allowing users to save, transfer, and manage their digital assets, as well as access services like Baanx's Cryptodrafts. This is the next step forward for Tezos and its community, with leading brands and organisations such as McLaren Racing, the European Central Bank, and others choosing to build on the Tezos blockchain.
The Cryptolife app was designed and is fully supported by the Baanx team and their groundbreaking digital banking infrastructure. Baanx is a UK-based technology firm developing the future of modular, iFrame, and API-driven financial services. Debit cards, digital wallets, payment gateways, and white label smartphone apps are all available through their revolutionary financial platform.
With the new Crypto Life App, Tezos token holders will be able to do much more with their XTZ ownership than previously. Users will now have access to Baanx's safe Cryptodrafts service, which was recently certified by the Financial Conduct Authority and allows users to unlock interest-free stable coins secured by their Tez holdings. Users will no longer need to sell their crypto and will instead be able to apply for the Tezos Cryptodraft, which will offer stable coin dividends up to 50 percent of the value of the Tezos wallet and interest rates as low as 0 percent. The new Tezos CL card, which can be used online and at stores where Mastercard, Visa, and UPI are accepted, is another notable feature. Users will be able to seamlessly liquidate their crypto holdings directly from their wallets through the CL App at the time of payment, eliminating the requirement for currency on the card itself. Users will also be able to withdraw cash from ATMs all over the world using the card.