Le Lézard
Classified in: Science and technology
Subject: PDT

YGGDRASH WALLET Launched on Google Play Store


SINGAPORE, Dec. 10, 2019 /PRNewswire/ -- YGGDRASH has launched its wallet on Google Play Store.

YGGDRASH wallet application saves the user's private keys in their own mobile device which is a significant function on the YGGDRASH wallet as users are able to take ownership and control over their assets. In the case of cryptocurrency current custodial wallets, if a user loses their private key, the user will no longer hold control of the assets and will be able to restore any funds lost in the wallet.

The YGGDRASH WALLET currently supports YEED Coins and YEED ERC-20 Tokens, where additional assets will be onboarded in the future. In addition, Pointo, a unique all-in-one mileage platform using the most advanced blockchain, has integrated the YGGDRASH Wallet with more DApps lined up for integration.

Ayden Kim, the COO of YGGDRASH, mentioned, "We went through countless meetings to achieve bringing the 'wallet' and 'banking system' in one app" and added that "the Team has developed the wallet under the following standards: 1) Various forms of transactions and financial frameworks must be created; 2) There should be no discomfort in using the MainNet token and the DApp services; 3) It should be able to foster various business models."

'Approve' is another notable function that allows the Spender (Address) to expend a confirmed amount of tokens on the user's behalf. To execute this function, the owner of the From (Address) should allow the user of this function to transfer their tokens by calling the Approve function.

In essence, there have not been many wallets with the keyword 'Financial Innovation' which is a philosophical ideology of Bitcoin, but only added convenience to most wallets. However, the YGGDRASH wallet is expected to contribute to financial innovation through various innovative attempts to challenge the banking systems.

For more information, contact [email protected].

Related Images

yggdrash-wallet-on-google-play.png
YGGDRASH Wallet on Google Play
YGGDRASH Wallet on Google Play

Related Links

YGGDRASH Website

Download Link

SOURCE YGGDRASH


These press releases may also interest you

at 03:53
Ericsson today announces that Fadi Pharaon, Senior Vice President and Head of Market Area Middle East & Africa, has decided to leave Ericsson to pursue other opportunities. Mr. Pharaon has held his current position since 2019 but has been with...

at 03:43
Acer Inc. (TWSE: 2353) announced its consolidated revenues for April at NT$17.85 billion with 29.1% growth year-on-year (YoY), and achieving 10 consecutive months of YoY growth. Consolidated revenues for year-to-April reached NT$76.68 billion with...

at 03:35
China and Hungary decided on Thursday to elevate bilateral relations to an "all-weather comprehensive strategic partnership for the new era." The decision was announced during the talks between visiting Chinese President Xi Jinping and Hungarian...

at 03:27
HANZA's CEO Erik Stenfors has purchased 10,000 shares in HANZA for an amount of SEK 570,420. HANZA's principal owner and board member Gerald Engström has, through his company Färna Invest, purchased 42,000 shares for an amount of SEK 2,215,920. The...

at 03:19
Aquonderful is a company specializing in smart toilet seats. Our company slogan is: For every home, upgraded comfort. We are committed to integrating our technology into products and bringing it to every household, allowing thousands of families to...

at 03:05
Calian Group Ltd. , a diverse products and services company, providing innovative healthcare, communications, learning and cybersecurity solutions, has agreed to acquire U.K.-based Mabway for up to CAD$41M (GBP£24M). This includes CAD$32.4M (GBP£19M)...



News published on and distributed by: