Since the US President issued a tax cut policy in 2018, the US economy has flourished, the US stock market has reached new heights, and a large number of US companies have returned to the United States. At the same time, tax cuts have also attracted a large number of foreign companies to invest in the United States. Most of them are high-tech enterprises in emerging fields such as artificial intelligence，big data, cloud computing, blockchain, etc. And E-Pay is one of the typical representatives of the blockchain industry in the United States.
Our reporter learned that E-Pay is a blockchain company registered in Singapore and has already reached cooperation with projects such as TenX, Zilliaqa, FinBook and BC. Otherwise, investment institutions that have reached cooperation include LinkVC, Lunex Ventures, BB fund, Helvetic Investment Fund and others. Investment fund of E-Pay is the Drekar Capital Investment Fund of the United States. Drekar Capital Investment Fund has more than 20 years of quantitative investment experience, managing assets of more than $22 billion and has created numerous successful investment cases on Wall Street in New York. Drekar Capital Investment Fund has invested in many e-commerce companies and various cryptocurrencies (based on Bitcoin). It can be said that its team has conducted in-depth research on e-commerce and cryptocurrency. This time, Drekar Capital Investment Fund has spent $1 billion to establish the ES Foundation to build the next generation of blockchain-based e-commerce ecosystem. The company was registered in Singapore with a relatively friendly policy to blockchain industrial companies. The research center is located in the North Carolina Research Triangle Park, which enjoys a great reputation in the United States. The park brings IBM, Lenovo, Bayer, Cisco Systems, Sony Ericsson and other Fortune 500 companies together, the most prestigious high-tech research and development center on the East Coast of the United States, can even put on a par with California’s Silicon Valley.
It is reported that the E-Pay project has an international R&D team of hundreds of people which includes Americans and other IT elites from around the world. The researchers are all from the world-renowned schools such as the National University of Singapore, Nanyang Technological University, Columbia University, Cornell University, University of Pennsylvania, Princeton University, Yale University, Carnegie Mellon University, etc. All researchers have experience in leading American companies such as Facebook, Amazon, Microsoft, Uber, and Google. Mark Stone, E-Pay’s Director of Operations and Head of North America, said that E-Pay will work with Duke’s Student Care Center to provide a wealth of internship opportunities for students at Duke University. They can learn about the development of the blockchain industry worldwide. At the same time, E-Pay will do its best to help the state of North Carolina to create more local jobs in the Research Triangle Park area.
As one of the most distinctive products in the blockchain industry, in addition to basic payment functions such as recharge, withdrawal, and transfer, E-Pay is also a payment tool that helps users in generating revenues. First of all, E-Pay is a payment tool that can be used to invest in wealth management, allowing users to earn revenue while keeping digital assets safely. After the user recharges the digital assets to E-Pay and starts intelligent quantification, the corresponding income can be obtained according to the quantity of the assets. Revenues are returned in the form of ET and can be used for shopping, trading and immediate withdrawals.
E-Pay was launched in the United States in October 2018. It is reported that hundreds of thousands of US cryptocurrency investors have participated in the project and received generous income. Standard & Poor’s has upgraded E-Pay’s credit rating from BBB to A, which is the first time E-Pay has received an A rating since it was launched on the US. According to the E-Pay white paper, it plans to expand its business to the Middle East, South Asia, Greater China and other places in 2019, in addition to the North American, European and Southeast Asian regions that have already started operations, forming a global business network.
E-Pay’s CEO, Roger Morrison, said that the most important strategic plan in early 2019 is to enter the world’s largest crypto market, Chinese market, as planned. E-Pay is expected to be launched simultaneously in mainland China, Hong Kong and Taiwan. A localized version tailored specifically for users in mainland China will be designed in order to comply with the laws and regulations of the Chinese government.