Technology

Posted on September 11, 2018 by staff

Video app for ‘real people’ finds blockchain partners

Technology

A new social video app for forming real-life relationships has announced that it has diversified its global network of partners in the blockchain industry.

SVPER, founded in 2017 and based in Mauritius, has gained two new strategic investors ahead of its pre-sale. The two new investors are LBank, a Superior and Specialized Digital Exchange, and DAEX Blockchain Group, a ‘distributed digital asset clearing ecosystem’ built using a blockchain.

SVPER improves the security, trustworthiness and transparency within the app and guarantees the “proof of existence” of its users with the blockchain.

The company is now developing its new digital identity standard called “Digital DNA”.

The SVPER community will validate each other’s identities by leaving reviews based on the accuracy of personal information to increase security, trustworthiness and transparency between users.

SVPER is on track to launch its Minimum Viable Product (“MVP”) in the fourth quarter of 2018 to coincide with the ICO. The MVP will consist of a ‘freemium’ model of the app with users receiving basic functions at no cost and enhanced user experience in exchange for cryptocurrency tokens.

The app will subsequently be upgraded to introduce further features as the SVPER community grows.

“We are delighted to welcome two new investors who have extensive industry knowledge and expertise,” said Jean-Baptiste Fort, co-founder and CEO.

“The partnerships and investments will strengthen our position and help us execute our launch of the SVPER app and growth strategy for the business.