Listen to this articleMIDEX is a financial platform based on blockchain technology. The main goal of Midex is to build infrastructure and help us to operate with cryptocurrency as usual and with fiat money. The core service is their cryptoexchange but they have many of them such as payment service, escrow, p2p credit, asset management etc. All of it is under unsurpassed security system. Below is our interview with Dmitry Machikhin, CEO of Midex:
Q: You’ve recently launched blockchain based finance platform; could you tell us something more?
A: Our main company is in Hongkong. It holds all our IP and rights for a product. Estonia and Russia are branches. In Estonia, we have a representative office holding alternative money license for changing and buying crypto and payment service to operate with fiat. Besides Estonia is an emitent of our tokens, which are very important part of a system.
Besides, we received the license to virtual money exchange and to open a wallet for virtual money (license number: FVR000001) according to the new Estonian legislation.
This license allows Midex to exchange crypto-currencies, including fiat money, as well as open electronic wallet for users of the financial platform.
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Q: What is Midex made of?
A: Midex is made of the scope of module services. The first is our unique cryptoexchange. Then we have payment and card service, escrow, p2p credit and marketplace service, ATM networks, asset management and ICO center. These services are included into one WEB and mobile and will be launched one for other. Additionally, we have our own news center – MIFO on mifo.io
Q: And what is about security?
A: Midex Secure is one of the most revolutionary technology solutions – a passwordless authentication system based on custom SSL certificates.
Midex Secure is a symbiosis of OAuth2 and Ethereum blockchain technology. The blockchain is used to store information about users certificates, as well as to store their information cards in an encrypted form.
Q: Do you see blockchain technology as a global game changer and why?
A: Absolutely. I’ve seen it in early 2014 when word blockchain was a kind of bad word. I completely agree with those who call blockchain Internet 2.0 because it resolves most of the unsolved problems with confidence to the third party or of safety transactions. Blockchain brings us the huge number of profit. Its decentralization and smart contacts infrastructure could rebuild the system of deals, finances, laws, healthcare, logistics mostly everything in our normal life. And it does.
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Q: What are your plans for the future?
A: Our team is now focused on building cryptoexchange – it’s ready to launch – and cryptobank. And we are not getting on a high horse. We know how to reach it. Step by step and working hard. Just take a look at what we’ve done by this moment.
Solutions with cryptocurrency for the Asian market will be implemented through the company licensed as cryptocurrency exchange in Japan.
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