This December, Infinito Wallet is officially turning one year old! As of 2018 year-end, the Universal Wallet accomplished many industry milestones and gained over 300,000 downloads from all over the globe, with the majority of users coming from U.S., Japan, U.K., Russia, etc. The team behind it, Infinito, has also started to offer business development solutions through Infinito Ecosystem to better serve a wide variety of clients, from giant enterprises to everyday consumers.
In celebration of Infinito Wallet’s first birthday, let’s look back on its accomplishments and discuss what the world can expect next from Infinito – with Project Director, Mr. Jack Nguyen!
Jack: Hi, I’m Jack Nguyen and I’m the Project Director of Infinito. We are operating an in-house developed universal mobile cryptocurrency wallet app called Infinito Wallet. It is a widely acclaimed wallet solution that supports the widest range of crypto on the market including BTC, ETH, BCH, LTC, DASH, DOGE, NEO, ETC, EOS, ADA, ONT, along with GAS, ONG, and all ERC20, NEP-5, EOS tokens. Our wallet is security audited by leading auditor, SmartDec, and we never store any user data.
At the same time, we are building a universal blockchain ecosystem called Infinito Ecosystem that connects cutting-edge services and solutions to traditional enterprises, blockchain companies and startups, developer communities, and the average consumers, thus enabling blockchain mass adoption. And it is through this Ecosystem that we provide business development and product solutions, which includes Infinito Wallet for the consumer market, and for blockchain services looking to connect to such market. We also actively work with major blockchain industry players across the globe: IOHK, ONTology, QRC Group, global EOS Community Partners, Coinfirm, Blockpass, Quanta, and many more!
Currently, our team consists of over 300 blockchain experts in the fields of development, design, business, marketing, and customer support. Both our team plus service, solution, and product lineup are growing non-stop, getting better and stronger day by day!
Q1: 2018 has been an incredible first year for Infinito Wallet. Which achievements are you most proud of?
Jack: Definitely official wallet launch, being the world’s first and leading Universal Wallet for EOS community, and of course, the world’s first mobile wallet solution for ADA.
Our team began developing Infinito Wallet in August 2017 and we worked tirelessly to deliver the final product to consumers later that year in December – in only 5 months! That marked the birth of Infinito Wallet thus Infinito team, and to this day we have kept on reinforcing the original wallet vision set out: “to serve as the ultimate gateway for users to maximize usage and potentials of their cryptocurrencies”. We have rapidly expanded our list of supported crypto to include, with more coming on our future roadmap, over 1,000 leading coins and tokens on the market and 7 languages: English, Japanese, Chinese, Russian, French, Vietnamese, and Korean. Nowadays, we are a widely appraised universal mobile wallet solution, trusted by hundred thousands of users worldwide.
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Q2: What kind of challenges have you faced along the way and how did you overcome them?
Jack: Blockchain is a cutting-edge industry that is changing everyday, so we certain have encountered obstacles, especially at the beginning. Our team was smaller at first, so we had to work extra hard to deliver updates and stay up-to-date with latest industry knowledge. There is a notable lack of professional blockchain developers, so it took much time and effort for our team to become blockchain-proficient. Regulations are also extremely strict and communities are still scattered, so it can be tricky to promote our product and expertise while staying compliant. Not to mention the industry is extremely saturated despite being very new, and there are many scams from deceitful opportunists looking to make quick profit without actually delivering promises to consumers. This makes it difficult to distinguish ourselves from the bad apples out there and gain trust.
These are common hurdles faced by most blockchain startups as well. Fortunately, our diligent team, own-built technical infrastructure, and partnership network expansion effort has paid off immensely. We have overcome all of these hardships to become what we are known for today: a robust mobile crypto wallet with exceptional support for global communities.
Q3: Recently, you have geared up to support security tokens. How can Infinito be of service in this field?
Jack: Yes, and this is another achievement of ours: being the world’s first and only crypto wallet with integrated KYC, ready to support security tokens. Security tokens are quickly become a major point of interest in crypto discussions, and since our vision is to facilitate usage plus utilization of leading cryptocurrencies, it is only a matter of time for us to tap into the world of regulated crypto assets.
As security tokens are bounded by securities regulation, they need to verify the identity of holders before enabling them the ability to transact assets. Infinito Wallet, therefore, with integrated KYC verification solution, can be of service to security token issuers by helping them facilitate seamless user onboarding for regulation adherence. At the same time, we can serve as an ultra convenient wallet solution for security token holders to store and transact their tokenized assets in a safe and compliant manner.
Q4: This year, Infinito has also begun providing business-oriented solutions and services through Infinito Ecosystem. What do you hope to accomplish with this new venture?
Jack: Indeed, we have expanded our services beyond consumer market into the business sector. Infinito has been through and overcome the hardships of starting a blockchain business and we want to offer our experience, knowledge, and expertise to businesses looking to adopt blockchain into established operations.
Our Infinito Ecosystem growing stronger by the day; we have and are continually forging many strategic partnerships, making and delivering on deals with business clients, and expanding our service and solution lineup. By doing this, we can bring great features and services to our wallet users and, at the same time, provide more valuable services and solutions to businesses.
Currently, Infinito is providing turnkey or tailor-made solutions that can help businesses of any scale as well as government bodies enhance operations and/or generate revenue utilizing blockchain, through professional consultancy, R&D management, infrastructure integration, and operation support. Recently, we released Infinito Multi-Blockchain API which enables businesses to implement secure, versatile crypto payment systems. We have also entered a strategic collaboration with the government of Uzbekistan to spread blockchain awareness thus adoption using Infinito technology and solutions.
Expanding on the positioning of Infinito Wallet, Infinito’s overall goal is to help facilitate safe and efficient utilization of blockchain technology for businesses and consumers, thus enabling mass adoption. We are happy to collaborate with anyone who shares our vision for blockchain mass adoption, thus our Ecosystem is always open to anyone interested in joining! You can get in touch with us via [email protected]
Q5: Lastly, what can the world expect next from Infinito?
Jack: For Infinito Wallet, we are getting ready to launch a built-in dApp “store” called App Square by the end of 2018, users can enjoy many innovative blockchain apps and services. From financial freedom and compliance services to leisure gaming – we have it all! App Square will be updated frequently as we expand our Ecosystem partnership network. More sought-after coins and tokens will also be added to Infinito Wallet, such as XLM, NEM, and ICON, as well as more convenient features for users. Fiat gateway, crypto exchange, crypto lending, crypto payment, etc. – all the convenience must-haves in one universal mobile wallet solution! We are also working to make Infinito Wallet an excellent wallet solution for all users, from novice to expert, by integrating in-app tooltips to help users understand the many different concepts in crypto, or simply how to use our various features.
As for the business side, we are expecting major releases this upcoming year, most notably Infinito Blockchain Platform. This comprehensive platform compiles of powerful modules and APIs, accessible through Infinito SDK, the streamlined toolkit for easy development of innovative blockchain dApps and services. We will also open Infinito Blockchain Marketplace, a platform where third-party developers can engage one another to buy and sell own-built modules and APIs. Infinito Ecosystem is expanding at lightning speed and we hope to become the blockchain industry leader to facilitate blockchain mass adoption with our wealth of products, solutions, and services for both businesses of any scale and consumes worldwide.
2019 is going to be a big year for Infinito, so please look forward to our big breakthrough!
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About Infinito Wallet
Positioning as a leading universal wallet for crypto users, Infinito Wallet serves as a gateway for users to maximize usage and potentials of their cryptocurrencies. Our DApp browser, App Square, provides access to the most innovative blockchain applications for daily user needs. By selectively expanding our partner network, Infinito Wallet aims to build an ecosystem of practical blockchain services including exchanges, ID/KYC solutions, and other blockchain-related business services. At the same time, we support communities of developers and businesses with Infinito Blockchain Platform, an open blockchain infrastructure of technologies and compliant-ready services, so that they can seamlessly build, launch, and operate innovative products and services efficiently.
Infinito Wallet’s core development team of blockchain R&D experts has intensive professional experience. Currently, our organization has more than 300 members including developers, designers, business, marketing, and customer service specialists. We are promoting research on infrastructure for cryptocurrencies and development utilizing blockchain.
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