Global Blockchain Project FERMAT Announces Partnership with Bitcoin Suisse AG

March 15, 2017         By: Mike Dautner

Fermat, is one of the new kids on the block in regards to blockchain technology. It is an anticipated decentralized and blockchain-enabled open source project developing the Internet of People, and it has some exciting partnership news.

Today Fermat announced a partnership agreement with Bitcoin Suisse AG, a Swiss financial service provider, broker, and wealth manager, specifically geared for crypto-financial assets.

This agreement will allow Fermat stakeholders to purchase IoP tokens with any fiat currency for the first time.

Getting its start back in April of 2016, Fermat is building an infrastructure with an open social graph, direct access channel to people and direct device to device communication. Fermat’s graphchain tech allows both a global mapping of everybody with verified proof of how they are related, in addition to how people to people and company to people interactions without being put through intermediaries. This is often referred to as the Internet of People, a revolutionary vision from the mind of Luis Molina. It serves to eliminate all unnecessary intermediaries resulting in cheaper transactions.

The IoP has an integrated cryptocurrency, and tokens are currently traded via Bittrex. This partnership agreement will allow Fermat stakeholders to utilize any fiat currency to buy or invest in IoP tokens for the very first time.

“I am delighted to be announcing Fermat’s partnership with Bitcoin Suisse, a most-valued organization within the community who understands the potential of the crypto-space and the solutions it offers,” said Fermat Founder Luis Molina.

“As an important player in over the counter trading of cryptocurrencies, Bitcoin Suisse is a very important financial partner for Fermat. Looking into the future, we hope this partnership will result in IoPs being traded over the counter, starting at Bitcoin Suisse,” added Molina.

“We specialize in trading crypto-assets and we are assisting a great many of the companies, organizations and platforms which issue crypto-tokens, as market maker, exchange service and supporing their respective ICO’s” said Nikolas Niklajsen, CEO of Bitcoin Suisse AG. “We hope to see Fermat and the Internet of People realize their vision, and will assure that investors and stakeholders have a reliable partner in regards to trading their IoP tokens”.