If you have not heard of the name Everus, we do not blame you. It is, one, a pretty uncommon name when it comes to your daily lives. It is not a completely common name in your workplace too, probably. Two, it builds it’s business on top of crypto-currency, or the ever so popular buzzword; blockchain. It is not Bitcoin however. It is the other up and coming technology; Ethereum. Three, the name is relatively new.
Despite the freshness in the market though Everus looks promising. Today, they have launched their blockchain technology on Mobile to Malaysia; their new EVR E-wallet.
If you have not done a quick Google search on Everus yet, do not scramble to the new tab just yet; let us give you a brief. Everus was found in October, 2017 (like I said, they are the new boys in town) to take advantage of the blockchain technology. More specifically the Malaysian outfit are build their platform on top of the already available, open-source Ethereum platform. Their own currencyc EVR is built using the ERC-20 token that built upon the Ethereum he brand launched their eCommerce platform, the Everus Mall soon after their opening in November, 2017. The rest, they say is history (in the making in this case).
The Everus Mobile platform is an app (of course it would be). It is technically another eWallet for the Malaysian market. The only difference here is that the Everus Mobile app works with blockchain technology. Obviously the Everus Mobile Wallet works with the EVR currency to begin with. Yes, it also is compatible with the Everus Mall for current users.
So, Everus Mobile Wallet then; what is it? How does it work? For starters it is available now on your favourite Android Play app store for free. If you have signed up for one account you can opt to access the app a few ways. You can, as basic as it is use pin code to access your wallet. Additionally you can use fingerprint sensor or even facial recognition. In that sense this is one of the most secure eWallet you can get your hands on today.
To pay for a service, or a purchase, or whatever thing you can think of you only need to fire up the app, scan the QR code from the merchant to get the target destination of the payment, then enter the amount you want to pay. Once all that is done, you can again use fingerprint, or facial recognition, or pin to confirm the transaction. Then, voila you have payed for whatever you want to pay for. If you are a merchant you do not even need to access the app to receive notifications of payments made to you.
The Mobile Wallet not only pays in MYR though. You can load up your Ethereum, or BitCoin to make payment to whatever services available and payable by crypto-currency. This is Malaysia’s first integrated eWallet platform then that supports and carries crypto-currency.
Of course this will not be the end of Everus’ development on their Mobile Wallet. They will be doing a lot more to the platform which is now available in 135 countries. Everus, being a blockchain technology company will be launching their crypto-currency mining platform soon in the end of July, 2018 so do stay tuned.
Also published on Medium.