Infinito was thrilled to join the talk about Cryptocurrency Wallets at The 14th BBC Meet-up in Japan. The event brought together various blockchain experts from Infinito, Blockchain Business Community (BBC), Japan Cryptocurrency Practitioners Association (JCPA), BCoin, and industry regulation researchers. This time, experts examined the different types and various functions of crypto wallets, the relationship between wallets and Exchanges, as well as the future of crypto wallets.
Infinito Wallet is one of the foundations of Infinito Ecosystem for users to manage crypto wealth, enjoy applications and to make payments securely and seamlessly in few clicks, while businesses can efficiently build and launch successful blockchain innovations. Through our ecosystem, Infinito aims to drive true blockchain mass adoption for both users and businesses by solving the problems of poor experience, interoperability, and general inaccessibility they are facing in decentralized world.
Given the hacking incidents on numerous global Exchanges earlier this year, the industry has started to pay more attention to security features of crypto wallets. On 26 January, the Japanese exchange Coincheck reported that “NEM cryptocurrencies equivalent to 58 billion yen was lost due to a hack”. In late June, a major Korean cryptocurrency exchange called Bithumb suffered hacking damages equivalent to 3.3 billion yen. And on 20th September, Zaif announced a leak of “virtual currencies of 6.7 billion yen in value”. Because of this, investors are increasingly opting for crypto wallets as their primary storage solution rather than keeping them on exchanges to avoid potential losses.
Our Product Marketing Leader, Ellena Ki, captured the audience’s interest with her discussion on why wallets are important to have as a safe storage solution, the importance of security in crypto wallets, and how crypto wallets, especially mobile, are evolving to satisfy with industry challenges and user needs. She then demonstrated how Infinito Wallet is designed to be the ultimate solution: a single mobile wallet that removes all risks and inconvenience when interacting with the widest range of crypto assets with its advanced asset and address verification features such as ID/KYC, AML Check/Report, and Token Veri-Sign that protect users from mistakes / scams. Infinito Wallet currently supports the widest range of cryptocurrencies on the market including ADA, EOS, Ethereum, NEO, Bitcoin, Litecoin, Dash, Bitcoin Cash, ETC, Dash, Dogecoin and more than 20,000 tokens of ETH ERC20, NEO NEP-5, and EOS protocols.In addition, from November 1st to 4th, Infinito Wallet hosted a Japan-exclusive reward program that successfully gifted 500 GAS to new users. Each first-time installer of the Universal Wallet app, on a first-come first-served basis, received 1 GAS ($5.5) for free as a welcoming gift for joining.
Infinito team is extremely pleased with how well-received this special program was and we are many more rewarding campaigns in plan for our users! Also, get ready for Infinito Wallet Version 2.0 as it is coming your way this November with a brand new look and exciting new features. Stay tuned!
Follow Infinito Wallet’s official Telegram groups in English, Japanese, Vietnamese, and Chinese to get all the latest updates on development progress and events as well as receive quick support from our team!
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Infinito aims to create a perfect blockchain experience for users, applications, and developers through its product Ecosystem which includes Infinito Wallet, Infinito App Square, Infinito Blockchain Platform, and InfinitoPAY.
A professional team of 50 experts behind Infinito Wallet, Infinito Blockchain Platform, and Infinito business blockchain solutions – with intensive experience in blockchain technology including technical developers and researchers, business and marketing executives, designers, quality control engineers, and customer service officers. Registered in 80 Robinson Road, #08-01, Singapore 068898, registration number 201900666E.
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