3 minute read
MULTIWALLET
by crowd1
MultiWallet, the new payment and stocks app, will be included in TitaniumPRO packages from July this year, Crowd1 have announced. During an event for top leaders in Dubai, Jonathan Ström, Head of Network Operation, introduced the app and outlined a few of the features that will soon be available to Crowd1 Affiliates all over the world.
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MultiWallet is a state of the art new technology giving Crowd1 Affiliates access to a virtual payment card, their own IBAN registered account and the option to take part in fractional share trading. The app is provided by a licenced strategic partner and will have the capacity to change Euros to bitcoin, and vice versa, in a smooth, real time exchange.
Crowd1 Affiliates can receive their commissions directly into their MultiWallet. This streamlines the payment process and gives you easy access to your funds. Funds in the MultiWallet can be spent through a virtual card with Google or Apple Pay, allowing you to pay directly with your commission from Crowd1. Soon it will also be possible to order a physical payment card through the app, but at no point will it be possible to receive loans or interest on funds stored in the MultiWallet.
The real innovation in MultiWallet lies in fractional trading. This powerful new technology is democratizing access to the stock market. Not everyone can afford to buy a whole share of global companies like Apple or Tesla. But now, MultiWallet is using blockchain technology to allow people to buy a percentage of a share of these huge companies, giving everyone the chance to share in, and profit from, their growth.
Once you’ve bought your percentage of a stock, that value can still be used as a means of payment through Google or Apple Pay. Use your percentage of an Apple stock to buy a coffee, or exchange that
- Jonathan Ström
slice of Tesla stock for a takeaway. Or sell your share at any point in a real time transaction to get your money back, all within one, easy to use app.
“MultiWallet is what will change everything.” Jonathan Ström said in his address at the Crowd1 Dubai live event. “We are going to present much more information about the MultiWallet, but this is something that will change everything, for you, for your network and potential members.”
Crowd1’s partner company has all the necessary financial licences in the UK and EU to issue financial services such as the MultiWallet, which will be rolling out, region by region, to all Crowd1 Affiliates with TitaniumPRO Packages in the coming six months.
Crowd1 launches new sustainability website
Crowd1 has launched a new sustainability website to celebrate affiliates’ social enterprises, lay down the sustainability framework and how Crowd1 contributes to the UN’s sustainable development goals.
The website outlines Crowd1’s social licence to operate, the sustainability strategy that underpins all the work that the company does and the products that we choose to partner with. Crowd1 is a young company, just three years old, but there are huge plans for the future. These are only possible if they are sustainable, and we leave the planet in a better condition than when we started.
You can also find stories about our Impactors, the people who have succeeded in Crowd1, and given back to their communities. Some of these may be familiar faces from CROWD magazine, such as Annie Kapapula-Landu MBE and Andile Nkabinde, with more on the way in the coming months.
The site also describes four of the seventeen sustainable development goals (SDG), the targets set by the United Nations that together create a shared blueprint for peace and prosperity for people and the planet, now and in the future. Crowd1 works to provide quality education, climate action, partnerships for achieving the goals, and decent work and economic growth.
You can find the Crowd1 sustainability website through the Sustainability tab on crowd1.com.
