Exscudo is excited to announce their newest great product Exscudo Channels App which is the first app combining
payment and communication functionalities on the global market. It is a tool for sending money and messages
from any mobile device, outreaching every existing payment and communication solution. Exscudo Team has
taken the best blockchain practices to provide people with ultimate security and reliability of Channels App.
The Exscudo Team developed Channels App as a tool suitable for people who look for secure business
communication, but also for those who want to keep an absolute privacy and anonymity in their everyday chat
conversations. The idea behind Channels App was to create the perfect solution for reliable and secure
communication, tailored to private and commercial needs.
Channels App unites functionalities of a wallet and messenger, keeping it quick, easy and secure for the users.
People can send and receive messages, photos, videos and money – all in one app. Thanks to build-in wallet, users can
also easily transfer their EON tokens to anyone they want by Channels App chat or QR code.
Exscudo Channels App works on EON Mainnet, which makes money and information fully secure. Entering
Exscudo ecosystem, each user gets their own EON ID – the key to all Exscudo services. For Channels App, by using
this unique code users can restore money balance on their new mobile device, any time and place.
Despite the two-factor authentication and other standard security measures, Exscudo Team implemented
advanced features to obtain the highest level of users’ data protection:

• Messages cannot be tracked. It is impossible to find out where the message comes from or where it is send, because with Channels App information is processed simultaneously on all the nodes of network.
• Private key. It is stored only on user’s device, not transmitted to peers.
• The messenger will not break down. New nodes and peers can be set up immediately, preventing the system from breaking down.
• Personal data is not saved on the blockchain. User’s messages and personal information are encrypted before getting into the blockchain.

Exscudo is expanding Channels App’s capabilities at every possible turn. The app is a part of the whole Exscudo
ecosystem – it is already connected with EON Mainnet and Exscudo exchange. All their products are integrated
with each other to make the user experience better, easier and more flexible. In the future, people will be able to
use their Channels wallet to pay with cryptocurrencies even in convenience stores. Their money will be converted
automatically: if they want to pay from their BTC wallet for bill in USD, Exscudo Exchange will convert the money
automatically. The next big step for the app is integration with Exscudo bank cards, but this feature will be
released in later updates.