In a colloquy with Cointelegraph, Elixxir President Jim Dolbear announced plans to launch a privacy-oriented xx-coin. He claims that this currency will support dApps and payments on the xx-network. Elixxir will reveal details of the xx coin distribution in a few days.

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According to the CEO of Elixxir, David Chaum, the digital currency is quantum resistant. He further added that “The xx coin and xx network will serve smartphone users and dApp developers by harnessing both the metadata-shredding anonymity and privacy of Elixxir, as well as the security, speed, and scalability of Praxxis.”