Xigem Technologies Corporation ("Xigem" or the "Company") announced that it plans for the research and development of cryptocurrency payment gateway and processor capabilities for FOOi, its recently acquired mobile payment app. When complete, the additional functionality will extend FOOi's core capabilities of enabling digital payments through peer-to-peer and peer-to-business transactions. A strengthened, cryptocurrency-enabled FOOi will deploy the most efficient and advanced technology in an easy-to-use payment app that delivers important benefits to both merchants and consumers. FOOi merchants will be able to use cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Bitcoin Cash for their business, in addition to traditional or fiat currencies such as U.S. dollars. FOOi will be integrated with the most popular eCommerce platforms, allowing merchants to accept cryptocurrency payments from customers. FOOi users will be able to exchange their funds into cryptocurrency instantly and make transfers between peers, as well as using FOOi to complete payments on a checkout page. FOOi will retain its traditional advantages of easy setup, low transaction fees, full transparency and customer privacy. The Company plans to integrate FOOi as a payment gateway across all Xigem products to drive user adoption. When finalized, the added functionality is expected to attract a new category of merchants, and in turn, their customers. FOOi Bluetooth Beacon technology will also be extended to allow transfers of cryptocurrency when another FOOi user is within range of the Bluetooth beacon.