DAPS Coin recently completed two successful testnets and was on display at Consensus 2019 in New York City. The project announced that they were the first privacy coin to implement RingCT, Ring Signatures and Bulletproofs with Masternodes and Staking on a hybrid PoW-PoS-PoA chain. This is a big accomplishment and the project is aiming to launch mainnet in Q3 after a code audit has been completed.
The project development has been in progress since mid-2018, closed source with development verified by MW Law. The team’s decision to keep the project closed source until mainnet was due to their innovative consensus mechanism called PoA (Proof of Audit), a first in the cryptocurrency industry.
With the project coming close to launching mainnet, DAPS are proud to reveal their partnership with The Arcadia Group who are the official DAPS software development partners. The Arcadia Group is a company based in Dallas Texas who focus on blockchain software development especially custom consensus algorithms, mobile apps, and machine learning products. The Arcadia Group’s portfolio includes projects like PIVX, Zcoin, and AEON.
The Arcadia Group is run by CTO Rasikh Morani and CEO Kamish Rehmatulla who both have extensive backgrounds in blockchain technology, technical planning, cryptocurrency modeling and software development. CEO Rehmatulla also founded Ksoft, a software as a service company for retail & restaurants. In the local Dallas metroplex, there are over 1000 clients within his family companies: A-One POS, K-Link which deals with payment processing and deploying hardware internationally. Morani and Rehmatulla both hold SAFE Certified Agile Certifications and are well connected and respected among peers in the blockchain industry.
Adel De Meyer, CEO of DAPS Coin said: “The DAPS and Arcadia Group partnership is one of our biggest accomplishments as Arcadia have managed to bring the DAPS vision into reality. We are honored to work with such an amazing team of people.”
DAPS Coin also has partnerships with GIN and Snode masternode services and are aiming to expand strategic partnerships before the end of 2019.
For more information about DAPS Coin and their partnerships, visit their official online channels: