The goal of the TenX project is to establish a payment system that bridges the real world and blockchain networks, enabling users to make payments with their blockchain assets anytime, anywhere, without delay, through various channels such as the TenX payment card, mobile wallet, ATMs, and bank accounts. TenX aims to provide users with easy access to as many blockchain assets as possible while adhering to the highest security standards within the ecosystem. TenX provides end-users with debit cards and accompanying mobile wallets that can be used not only for Bitcoin (BTC), Ethereum (ETH), and Dash (DASH), but also support virtually all blockchain assets. The TenX wallet is available in nearly 200 countries and has been accepted at over 36 million points of sale. --- ### Project Highlights - **Support for Multiple Assets:** Capable of supporting any blockchain asset. - **Assets Held as Cryptocurrency:** Assets are stored as cryptocurrencies. - **Best Foreign Exchange and Trading Fees:** No additional fees. - **Decentralized and Trustless Storage:** Ensuring security and transparency. - **Online and Offline Access at 36 Million Points:** Coverage across nearly 200 countries. - **Users from Non-U.S. Sanctioned Countries Can Register:** U.S. residents will follow by the end of 2017. - **0.1% Reward on Every Purchase:** Rewards are transferred to users in PAY tokens, giving them an opportunity to become token holders and benefit from potential increases in the tokens value. --- ### Product Analysis #### TenX Wallet & Card TenX has released two products: the TenX Wallet & Card. The TenX Wallet automatically creates a multi-currency wallet. When actual transactions occur, cryptocurrencies do not need to be converted into fiat currency; the conversion happens in real-time. Users can select different blockchain assets as sources of payment within the TenX app. Additionally, users can easily convert BTC, ETH, DASH, and other blockchain assets through the TenX wallet. The TenX Wallet is available in nearly 200 countries, and the TenX Card has formed strategic partnerships with more payment services like Visa and MasterCard. TenX cardholders can use any blockchain asset to purchase goods and services at over 42 million merchants worldwide that accept global credit cards. #### COMIT Network TenX utilizes the COMIT networks cross-chain payment channels to enable users to process payment requests from credit card networks in real-time. Below is a flow illustrating how payments are made in real-time from a users TenX wallet and settled on the credit card network: 1. **User pays using the TenX wallet or card.** 2. **The credit card network sends an authorization request for the purchase amount to the TenX server.** 3. **TenX sends a notification prompt to the user via the COMIT network.** 4. **The user selects which blockchain asset to use for payment and sends the correct amount to the TenX server via the COMIT network.** 5. **Upon receiving the notification of the corresponding amount, TenX authorizes the payment to the merchant.** 6. **The transaction is finally recorded on the Ethereum network.**