One crypto company has claimed that it is putting forth the fastest Bitcoin transfer on the earth. The company stated this after adding new support to its crypto wallet. SovereignWallet says its platform offers banking features to secure client resources, at the same time guaranteeing that completing transactions is as straightforward and fast as sending a message.
As of now, the people who use Ethereum, ERC20 tokens and the organization’s very own utility token – MUI – have profited from a framework where they can send crypto to their companions by merely selecting their profile by using their cell phones. Notices are hence sent when an exchange is done.
Adding a new feature to the product implies that Bitcoin clients can also enjoy the similar benefits – giving them an approach to send and get the crypto money in no time. As indicated by the organization’s CEO, transactions of Bitcoin between SovereignWallet clients are approved just in 15-20 seconds because of the end to end encrypted pathway set up between the sender and beneficiary.
The CEO also said that their product is most probably one of the first crypto wallets available in the market that doesn’t require a Bitcoin address for a transaction to happen.
SovereignWallet’s smartphone supported offering is intended to engage the unbanked by allowing them to keep away from the high expenses one incurs while sending payments. The expansion of Bitcoin to its crypto wallet is set to give clients more alternatives and provide a solution to the issue of slow transaction speed.
The product comes with a secure chat feature to enable fellow users of the platform to get advantages of end-to-end and group/community discussions. SovereignWallet is accessible in multiple languages. The company stated that it had given specific attention to the security and safety in order to make transactions simple, and available to the masses.
SovereignWallet is also offering a framework to recover private keys, and the capacity to pull back sent messages. The product comes with the ID based user authentication. SovereignWallet says that its application is the primary stage in offering an ecosystem based on a blockchain technology that can possibly reach millions.
The company is carrying a greater vision of everybody to mint currency for their very own community that which would be pegged to a stable form of currency.