Credissential to Integrate Cryptocurrency Wallet Infrastructure to Existing Credissential and Dealerflow Ecosystem
(TheNewswire)Calgary, Alberta / January 3, 2025– TheNewswire - Credessential Inc. (“Credissential”or the“Company”) (FSE: 9YZ), a vertically integratedAI software development company is pleased toannounce its plans to integrate Privy's (https://www.privy.io/)advanced cryptocurrency wallet infrastructure into its existing techstack. Privy is a New York, US based authentication and key managementplatform to securely onboard, activate, and manage enterprise users atscale.This integration is aimed to add cryptocurrencytransaction capabilities, as well as provide flexible walletinfrastructure to Credissential's flagship applications, Dealerflowand Credissential. Following a full-scale integration, it isanticipated that Dealerflow and the Credessential app will enableusers and enterprises to transact, manage andachieve literacy in popular cryptocurrencies including Bitcoin (BTC),Ethereum (ETH), Solana (SOL), Ripple (XRP) and Dogecoin (DOGE) withintheir respective ecosystems. With the planned integration of Privy,the Company plans to add custom security to its crypto wallets withits previously announced quantum security encryption initiatives.In an era of economic uncertainty and rising inflation,adopting cryptocurrency may offer a strategic advantage for valuepreservation. By integrating and enabling seamless cryptocurrencytransaction capabilities, through the Company’s product stack,independent US dealerships may hedge against inflation and currencydevaluation, safeguarding their financial assets andinventories.“Credissential is expanding its paymentplatform to empower independent auto dealerships in an increasinglydigital marketplace. By offering comprehensive payment solutions, weensure these dealerships can meet evolving consumer expectations andstay competitive in today's technology-driven commercelandscape.” Stated Colin Frost CEO ofCredissential. Empowering US Independent Dealershipswith Cryptocurrency TransactionsIf fully implemented, Privy's wallet APIs, are expectedto allow Credissential to empower automotive dealerships to seamlesslyaccept and manage cryptocurrency payments. This integration isintended to enable dealerships offer their customers the flexibilityof using digital assets for vehicle purchases, financings, warrantiesand other related services. In doing so, dealerships may attract abroader customer base as cryptocurrencies continue to permitmainstream transaction lifecycles. Promoting Crypto-Friendly FinancialSolutionsFor end-users, the integration is intended to helpprovide a secure and user-friendly platform to conduct cryptocurrencytransactions and continue to promote financial literacy within theCredissential suite of products. Users are expected to be able tomanage digital assets, transact, and manage/measure financialactivities with greater autonomy and security. This aligns withCredissential's mission to democratize finance by offering innovative,secure, and personalized solutions that cater to the evolving needs ofmodern consumers.About PrivyPrivy is a powerful authentication and key managementplatform that securely onboards, activates, and manages users atscale. With flexible wallet infrastructure to securely manage userbases, Privy offers out-of-the-box user infrastructure and bare-metalwallet infrastructure for deeper control, making it a trusted partnerfor industry leaders.About Credissential Credissential is an AI powered financial servicessoftware developer, currently focused on the development andcommercialization of its flagship products, Credissential andDealerflow. For more information about Credissential and otherproducts from Credissential, visit www.credissential.com. ON BEHALF OF THE BOARD OFDIRECTORSChief Executive Officer ColinFrostHead Office 2004Sherwood Drive Sherwood Park, AB T8A 0Z1Telephone +1 (236)513 4776Email [email protected] The CSE and Information Service Provider have notreviewed and does not accept responsibility for the accuracy oradequacy of this release.Forward-Looking InformationCertain information in this news release may constitute"forward-looking" information that involves known andunknown risks, uncertainties, future expectations and other factorswhich may cause the actual results, performance or achievements ofthe Company or industry results, to be materially different from anyfuture results, performance or achievements expressed or implied bysuch forward looking information. When used in this news release, thisinformation may include words such as "anticipate","estimate", "may", "will","expect", "believe", "plan" and otherterminology. This information reflects current expectationsregarding future events and operating performance and speaks onlyas of the date of this news release. Forward-looking statements areinherently risky and the information and plans disclosed therein maynot come to fruition as contemplated or at all. Forward-looking statements in this news releaseinclude, but are not limited to, the expected results from the theproposed integration of the Privy infrastructure, the expected orpotential benefits to users of the Company’s products with thepotential integration of the Privy infrastructure, the developmentroadmap for Credissential and Dealerflow by Credissential, theexpected features of Credissential and Dealerflow by Credissential,and the future plans of the Company, business plans, objectives andstrategy. Forward-looking statements are inherently risky and theinformation and plans disclosed therein may not come to fruition ascontemplated or at all. Except as required by law, we assume no obligation toupdate or revise forward-looking information to reflect new events orcircumstances. Additional information is available in theCorporation’s Management Discussion and Analysis, which canbe found on SEDAR+ at www.sedarplus.ca. Copyright (c) 2025 TheNewswire - All rights reserved.