Blockchain explorer, open source desktop wallet and updated whitepapers also released

HONG KONG, September 17, 2019 -, the pioneering payments and cryptocurrency platform, announced today the release of the Chain public testnet (alpha version). This release comes ahead of schedule and 10 months after the announcement of the Chain.

The Chain Testnet has been named as “Thaler”.

The name Thaler dates back nearly 500 years, referring to a silver coin that brought trading activities across Europe to unprecedented heights. Thaler came to symbolize the power of money as a common language to denominate value. Chain adopts the “Thaler” name to pay homage to the legacy of money, with the vision to take payment to the next level. Just like its name, the physical embodiment of Thaler shares similarities with the brand image of The earliest Thaler coins and the logo share the motif of the lion - a symbol of strength and dedication.

With the launch of the Thaler Testnet, is also releasing the Chain Blockchain Explorer to search and get more information on blocks and transactions on the Chain network. Now available at:

Kris Marszalek, Co-founder and CEO of said, “The launch of the Thaler Testnet marks a major milestone for the Chain project and strengthens the utility of its native token the Coin (CRO). This is another deliverable achieved ahead of schedule communicated in the Chain whitepaper.” Chain is a high-performing blockchain powering the QR Code payment solution Pay, which allows users to pay or get paid in crypto anywhere using their mobile phone, thus driving cryptocurrency adoption globally. Chain truly fulfills the vision of the blockchain technology by providing people with the ability to regain control of their money, data and identity.


About was founded in 2016 to accelerate the world’s transition to cryptocurrency. Key products include: the App, the best place to buy, sell, and pay with crypto, the MCO Visa Card, a metal card with no annual fees, and the Chain, a high-performing native blockchain powering Pay, which enables users to pay and be paid in any crypto, anywhere, for free. is headquartered in Hong Kong with a 150+ strong team. For more information, please visit: