The TOUREX Project developed TOUREXCOIN, which is a cryptocurrency that maximizes the latest block chain technology for investment payments in the Kingdom of Cambodia. The economy of Cambodia has been growing rapidly and the project has been established in order to contribute to the economic development of Cambodia.
The TOUREX Project is a project that aims at increasing the value of TOUREXCOIN with the contribution to the development of Cambodia. Those contributions are made by various kinds of development projects; the developments of real estate, lands and resorts, environmental and infrastructure improvements, and educational projects such as the establishment of agricultural school, and creating job opportunities through the construction of the school lunch center.
At the same time, COINYEX which is the Cryptocurrency Exchange officially approved by the Government of Cambodia, will be established. It will help to save the time and cost of sending money for the investment and will enable the payment by debit cards issued by banks in Cambodia and cash out.
TOUREXCOIN was developed by TUX GLOBAL Co. based in Malaysia, as a cryptocurrency that can be get involved with the real estate developments that are rapidly growing in Kingdom of Cambodia and educational & school projects. TOUREXCOIN is planning to become listed as the key currency of COINYEX Cambodia, which is the Cryptocurrency Exchange officially approved by the Government of Cambodia.
The TOUREX multi-currency wallet, is a wallet application to unitarily manage TUXCOIN and other cryptocurrencies (TUX, BTC, ETH, ERP, etc.) that will be traded in COINYEX, which is the Cryptocurrency Exchange officially approved by the Government of Cambodia(planned). TOUREX wallet can be utilized for multiple purposes from the investment through TUX Platform to cash-out (US dollars) at the associated exchange counters. It will be released when TUXCOIN becomes listed on COINYEX.
In order to exchange cryptocurrencies in the Kingdom of Cambodia, permission is required from the National Bank of Cambodia (NBC), the Securities and Exchange Commission of Cambodia (SECC) and the National Police. COINYEX Co. had already submitted the application to the competent authorities. COINYEX Co. is the only Cryptocurrency Exchange that officially submitted applications in order to obtain the permissions. COINYEX Co. is planning to handle TOUREXCOIN as its key currency while also handling with many other cryptocurrencies.
The developments of shopping malls, casinos, resorts, etc. have become active in Kingdom of Cambodia. Therefore, the TOUREX Project will begin by acquiring lands and real estate, establishing the most suitable investment project for each item and enabling quick investments and payments through TUX Platform.
The TUX Project is planning to invest educational projects as the contribution to the healthy development of Kingdom of Cambodia as well as the developments of real estate, land and resorts. We are planning to create a healthy educational environment with the development of farmland, the construction of agricultural school and the school lunch center that will cook the farm products harvested from school practice, creating jobs for the children’s parents.