The goal of the TenX project is to establish a payment system that connects the real world and the blockchain network, so that blockchain assets can be used anywhere in the world at any time through multiple channels such as TenX payment cards, mobile wallets, ATMs, and bank accounts. Pay without waiting. TenX strives to maximize user-friendly access to as many blockchain assets as possible while adhering to the highest security standards in the ecosystem.

TenX provides end-users with a debit card and accompanying mobile wallet, not only can use Bitcoin (BTC), Ethereum (ETH), Dash (DASH), but also can support almost all blockchain assets. TenX wallets can be used in nearly 200 countries, and more than 36 million nodes have been accepted.

Project Highlights

1. Support multiple assets (possibly any blockchain assets);
2. Assets exist in the form of encrypted currency;
3. The most favorable foreign exchange and transaction fees (no additional fees);
4. Decentralized storage and trustless storage;
5. Online and offline access reached 36 million points, covering nearly 200 countries;
6. Any user from a non-U.S. sanctioned country All can register (the United States will follow at the end of 2017);
7. Users can get a 0.1% reward for each purchase. This incentive will be transferred to users in the form of PAY tokens, which additionally gives them the opportunity to become token holders and benefit from the potential appreciation of the token value.

Product Analysis

TenX Wallet & Card

TenX released two products TenX Wallet & Card. TenX Wallet will automatically create a multi-currency wallet. When the actual transaction occurs, the cryptocurrency does not need to be converted into legal currency, and the conversion will be performed in real time. Users can choose different blockchain assets as payment sources in TenX App. In addition, users can easily convert various blockchain assets such as BTC, ETH, DASH through the TenX wallet.
TenX wallets can be used in nearly 200 countries. TenX cards have reached strategic partnerships with more payment services such as Visa and Master Card. TenX cardholders can use any blockchain assets accepted by more than 42 million Purchase products and services from merchants with global credit cards.
 
COMMIT网络
 
TenX使用COMIT网络的跨链支付渠道，让用户实时处理来自信用卡网络的支付请求。 The flow below illustrates how real-time payments are made from the user's TenX wallet and settled on the credit card network.
1. User pays with TenX wallet or TenX card.
2. The credit card network will send an authorization request for the purchase amount to the TenX server.
3.TenX sends notifications to users through the COMIT network.
4. The user will choose which blockchain asset to use for payment and send the correct amount to the TenX server through the COMIT network.
5. After receiving the notification of the corresponding amount, TenX will authorize the payment to the merchant.
6. Finally record the transaction on Ethereum.