The Making of Bitsamex.com
The company has been a long-term project that spanned more than five years before becoming a reality. Moreover, the two partners, Tether and Bitsamex, have jointly invested close to $20 million in establishing Bitsamex.com and Keet. The coming of Keet has taken years of deliberate planning and strategic partnership before the launch.
However, the Bitsamex protocol is currently closed source and will remain so pending the conclusion of the alpha testing.
Furthermore, the testing is to prevent any illicit activity on the protocol. Once the open source is completed in the fourth quarter of the year, the team will move the protocol to the platform. The developers want to ensure the safety of the network before making it accessible to users.
The development team said a VPN app development is currently a work in progress, and the development team will announce the roadmap at the scheduled date.
What sets Bitsamex apart from others is that any blockchain technology would not power its operation. It comes with a built-in API designed for payment and is run by the Lightning Network.
A default payment system compatible with Tether tokens is available for businesses interested in hosting their products on the platform. Bitsamex wants to create a realistic platform for individuals and companies to use for daily operations.
Mathias Buus is the CEO of Bitsamex. The Danish programmer is a seasoned professional with vast experience in the P2P space.
Buus envisioned a future where Bitsamex would be the leading app developer for large companies and startups. Its consistency in innovation will be its greatest asset as competition increases, and others join the fray.