A universal wallet that unifies access to cryptocurrency exchanges into a single, comprehensive application. This is the Javvy solution.

Tremendous strides have been made to advance cryptocurrency wallets and exchanges into the exciting and disruptive industry that it is today. Yet, the desire remains for a user-focused experience to buy, sell, and use cryptocurrencies in a safe, convenient, and reliable application. This is the Javvy Solution.Javvy is the full integration of a universal wallet connected to numerous exchanges presently available to the cryptocurrency market. It eliminates the need for multiple accounts and applications while taking advantage of their respective benefits. Along with our simple and fast process for user registration and verification, Javvy brings confidence and clarity to the user as cryptocurrencies approach mass adoption. We provide all the tools necessary to securely store, use, and invest in cryptocurrency.

Overview of Automated FIAT-to-Crypto Exchange Process: Javvy received a patent pending (#62543097) for a provisional patent that covers the process and methodology for the automatic, bi-directional conversion of supported national currencies and cryptocurrencies. The novelty of this process is that it is distributed, fully automated, and ties into legacy banking system technology utilizing current banking APIs. Existing providers are limited by the amount of reserves held as deposits needed to clear these transaction types, which impede their ability to scale their customer-base. The Javvy Solution overcomes the issue by providing a clear, fully-scalable path to buying and selling cryptocurrency easily, eliminating the need for massive cryptocurrency reserves.

Overview of Cross-Currency Exchange: Javvy received a patent pending (#62558597) for a provisional patent that covers the process and methodology for conversion and settlement of cryptocurrency purchases, using an intermediary layer, the Javvy token (JVY), for the purpose of eliminating the need for holding disparate, volatile cryptocurrency reserves. This is a drastic improvement over current crypto exchanges that merely offer one (1) or two (2) cryptocurrencies (typically, bitcoin and Ethereum) to their users, due to the reserve limitation and extreme value risk. In contrast, by using this intermediary interchange process, Javvy will instantly be positioned to support nearly every major cryptocurrency in existence. Javvy users will be able to buy, sell, use, and manage them all, with the underlying framework remaining transparent from a user perspective.

Liquidity Explained: When a buy/sell order is placed, the Javvy wallet will securely connect to Javvy’s servers to nearly instantly poll all open order books, arbitraging prices across decentralized exchanges and partner centralized exchanges that support 3rd-party orders via an open API. Unless all crypto exchanges fail, Javvy will not provide its own centralized exchange component, as we believe that markets can be, and should be, decentralized. There are already several quality decentralized exchange projects and others that are working to provide liquidity and custodial services. So, Javvy supports those movements and will work with them to offer the best-in-class services to its users. While cryptocurrency liquidity is being ramped up in the markets, we will work with trusted liquidity providers to help place orders that cannot be filled elsewhere.

Revenue Model (exchange, KYC/accreditation fees, etc)Javvy will earn fees from the daily crypto-to-crypto (CONVERT), fiat-to-crypto (BUY), and crypto-to-fiat (SELL) operations. In the current market, as of December 2018, there is an estimated $50 billion USD transacted monthly; even during the “crypto downturn (2018)” [51], in which case Coinbase is on track to exceed $1 billion USD in profit and Binance is on track to exceed $2 billion USD in profit.Those massive profits are generated, despite the many shortcomings of each exchange. For example, Coinbase has few supported cryptocurrencies and requires most functions to be completed on their website. Additionally, they store user’s cryptocurrency by proxy, meaning that NO USERS CONTROL their own crypto. Binance, as another example, has NO NATIVE APP, making it difficult and cumbersome for users to use their exchange and get ID verified. Additionally, they have NO buy or sell functionality, meaning that users MUST GO ELSEWHERE FIRST to buy a supported cryptocurrency, THEN send it to Binance, to THEN TRADE on their platform with high trading fees. In both examples, these shortcomings have existed for YEARS, despite hundreds of millions of dollars raised and billions in revenue. There is need for a solution.Javvy will consolidate every required function within the secure Javvy APP, giving the power to the people and providing true ownership of any bought or traded cryptos/tokens. As of November, 2018, there are no longer ANY competing wallets that handle every step of the process in a single place and within a single vendor. Javvy will driving mass adoption for everyone who wants a single, unified solution to send, receive, convert, buy, sell, and securely manage all of the major cryptocurrencies and tokens. This rapid mass adoption will allow Javvy to take a significant piece of the huge, and growing, transaction market.

Goal/ConclusionJavvy plans to disrupt the cryptocurrency industry by providing a superior alternative to traditional web-based crypto exchanges and wallets. Javvy approaches cryptocurrency from a compliance and regulation-first perspective, and is powered by a team with decades of extensive regulatory, compliance, programming, and security experience. The cryptocurrency market is still in its infancy. As a result, lack of information and the absence of easily-identifiable best practices, has led crypto users to resort to combining feature-poor, and often insecure, crypto utilities to obtain and manage their cryptocurrency. We, the Javvy team, decided that there is a better way. We are consolidating the full functionality of cryptocurrency into a previously non-existent, comprehensive solution with a focus on security, simplicity, and keeping the control of cryptocurrency where it belongs, in the hands of its owners.

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