This is to announce that we have submitted our application of Currency Exchange Logic to Patent Cooperation Treaty (PCT).
What is PCT?
The Patent Cooperation Treaty (PCT) is an international patent law treaty, concluded in 1970. It provides a unified procedure for filing patent applications to protect inventions in each of its contracting states. A patent application filed under the PCT is called an international application, or PCT application.
Application Number: PCT / JP2018 / 36710
Invention Title: Remittance System using Crypto currency
The filed patent contents are Currency Exchange Logic in order to provide overseas remittances at the lowest cost. The scheme allows Eternal Coin holders to receive extra bonuses rebating from the transaction fees incurred during Eternal Wallet users transact or process overseas remittance. In addition, this will also circulate Eternal Coin on the market while accelerating its value and so to Eternal Token (XET).
The Currency Exchange function in the Eternal Wallet is scheduled to be completed by the end of November. However, implementations of tests are required to guarantee the service quality. Therefore, the service will soon start around the end of the year or later.