DigitalX announces strategic partnership with Telefonica

Announcements | May 27, 2016 By:

DigitalX has signed an agreement with leading Latin American private telecommunication company Telefonica.

The strategic agreement allows consumers in the United States and Canada to use AirPocket to transfer funds directly into mobile phone accounts of users on the Telefónica network in Argentina, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Peru and Uruguay. Additional countries will be added as part of the broader roll out.

“The Telefónica partnership is transformational for our company, and I am not only talking from a revenue opportunity perspective. The fact is, this deal puts our emerging technology company on the global stage and cements our position as a first mover in providing a blockchain application of commercial scale,” said DigitalX executive chairman and founder Zhenya Tsvetnenko.

DigitalX is a provider of innovative fintech software solutions based on blockchain technology.