The well-known financial technology entrepreneur Denys Ustymenko, who has amassed a great deal of attention for his work over the years thanks to his extensive knowledge and experience in the IT and fintech industries, has just introduced 1TN, a reliable licensed cryptocurrency payment provider in Portugal.
Denys had already established himself as a business juggernaut after he and his colleagues had founded Pokermatch before he began working on his own initiatives. After launching in 2016, Pokermatch quickly rose to prominence as a premier global online poker destination.
In 2021, a group of blockchain enthusiasts with significant prior expertise in online retailing launched 1TN. Beginning in 2022, it has been actively engaged in crypto-related activities in Portugal.
Due to the introduction of novel security features, the company has quickly become one of the cryptocurrency industry’s most trusted platforms. This means that the payment ecosystem in the crypto world may be expanded, facilitating faster, safer, and more convenient international trade. A simple connection makes their services usable via e-commerce either directly or as a white-label offering to their customers.
“We’ve added Chip and Switch components to our UI. These will greatly improve the UX, and we’ll be storing the new components in our project’s UI library for future integration into the system. We’ve fixed some password issues. Now you can easily get to the back office while copying and pasting your password from an email. We’ve developed some new popup components according to our house design. These are stored in the project’s UI library for future integrations. There’s no doubt this will improve the UX,” 1TN said in a recent statement.
As 1TN is headquartered in Portugal, the National Bank of Portugal must provide its final permission before the license may be utilized elsewhere in the world.
More Expansion Plans
Alliances with industry leaders in information technology including Fireblocks, Chainanalysys, and Finerymarkets attest to 1TN’s safety. Denys has amassed a competent crew of professionals with deep knowledge of the blockchain and financial technology sectors. They will be focusing on both platform improvements and new developments. In addition, three European branches—in Portugal, Latvia, and Bulgaria—have opened, with more on the way.
In the long run, they want to roll out a bitcoin payment gateway and expand it to help expand existing companies. Account creation is scheduled to become live after the team has received the license. They are also prepared to assist growing businesses by providing simple ways to store, receive, or transfer digital assets, such as 1TN’s multi-currency crypto wallet.