Revuto’s Weekly Progress Update #1

3 min readJan 26, 2022

Dear Revutonians, as we announced in our last blog post, every Wednesday we will be informing you about Revuto’s weekly progress update. The short format about what we did last week should give you a better insight into the product development and the effort we put into executing our promises. In addition to the announcement of the “Revuto Tech Talks”, short video sessions we’ll be releasing every Thursday, the content we’ll be providing every single week should show you we mean business.

Last week updates:

adding additional backend developer (Goran) to Dorijan’s team
hiring additional front-end (iOS and Android) developers (1+1)
hiring UIX designer
hiring DevOps to help us migrate infrastructure to the cloud
preps to move the whole backend infrastructure (servers, nodes) to the cloud for easier scaling (load balancing)
new app update with refined “Staking Center” and EBT2 investor staking offering, bug fixes
Revuto app submitted for the Huawei AppGallery
added Ciphertrace, an automated Cryptocurrency AML Compliance with APIs to minimize legal and financial risk for the custodial wallet
working on legal documentation for the custodial wallet integration
working with Banxa on integrating their SDK for Fiat2Crypto exchange within the Revuto app
working with the audit team to provide the latest code
working with SumSub, a KYC provider to open KYC data to 3rd party provider (Banxa)
working on legal compliance with Card and Bank issuing partners (AML policies, fraud detection, transaction monitoring, insurance, KYC procedures…)
finalizing agreements for the next R-Fund investment. The second investment will be announced in mid-February. The first R-Fund investment of 200K EUR was in https://ico.profila.com/. More info about it in February
integrating with Worldpay, an acquiring partner
finalizing new revuto.com website and Revuto brand update
working with our partner on a “stealth product” we’ll be adding to the app in April

Hopefully, this week’s update will give you just a small insight into how complex this product is. Although the Revuto app seems pretty basic at the moment, it’s hard to explain how much of an effort the Revuto team puts in every week in order to provide you with the best possible product.

Your Revuto Team