SpherePay's crypto project 'SAY' sets sight on SE Asia and beyond

SINGAPORE, Feb 13: Singapore's homegrown mobile payment app company SpherePay has announced its strategic partnership with TrueChain (TRUE), one of the world's fastest next generation blockchain company, says a Media OutReach release.

The partnership comes with strategic investment from TrueChain, a company founded in China. This strategic partnership and investment further support, speed up and enhance SpherePay' s mission to turn cryptocurrency into a real-life transactional experience for users who owns digital currency assets. The investment amount was not disclosed.

Earlier this month SpherePay also secured its partnership with ODYSSEY (OCN) to spearhead the company's 'SAY' token sale project which releases four billion SpherePay cryptocurrency 'SAY' tokens for sale currently. With this, SpherePay will be the first in the world to allow users to spend their cryptocurrencies such as Bitcoin, ETH, DASH, OCN, TRUE, SAY etc in real-life at any merchants via 'scan & pay' method.

SpherePay currently serves over five million users in South East Asia and over 10,000 merchants in the region. With its strategic partnership with TrueChain (TRUE), it propels SpherePay to quickly expand its user-base without disrupting the speed, security and stability of the transaction processes. Its reliability will secure trust and confidence of users and merchants world-wide.

TrueChain (TRUE) has developed its own public blockchain for real commercial decentralised applications. Its blockchain were based on an improved PBFT consensus protocol that provides fast peer-to-peer communication, value transfer, and efficient smart contract infrastructure.