BitWallet Cryptocurrency Wallet Releases a New Digital Asset Wallet for iPads and iPhones
The latest announcement from BitWallet confirms the launch of a cryptocurrency wallet with sublime features for Apple devices. The Huston-based cryptocurrency wallet will be available on the AppStore allowing anyone with an iPad or an iPhone to download the app and enjoy the use of the wallet. The post further wrote that the wallet will allow its users to store, send, and receive available cryptocurrencies on the platform, including Bitcoin (BTC), Ethereum (ETH) and other major coins.
The wallet focuses on providing the user with a simple, user-friendly design that provides a gateway for the traditional retail investors to get into the cryptocurrency industry. BitWallet’s President and CEO, John T. Perrone said the new Apple wallet will allow more investors getting into the field as the complex nature of the industry is eased out. The CEO of BitWallet Inc. said,
“Most crypto apps are confusing for new users. We designed BitWallet to be simple enough for anyone to use, which solves a big problem in our industry.”
The field of blockchain is growing as the big industry players take up positions in the field and some have started developing decentralized technologies. Big companies such as JP Morgan, New York Stock Exchange, Goldman Sachs, and Microsoft are dipping their feet into the blockchain waters. Impending regulation is a big hindrance for rapid growth but a positive stance from the authorities on the industry will boost the use of blockchains and associated cryptocurrencies as well.
Global adoption is the key for the cryptocurrency and blockchain industry and BitWallet is playing its part in ensuring the barriers to entry are minimized. Merchants, retail shoppers and other groceries can now accept and pay using cryptocurrencies with the fees set at very low fees or negligible fees. The idea is to boost the commercial use of the cryptocurrencies available and adoption rates across the world. The current fees charged are three times less than the current rates charged when using a credit card.
More Altcoins To Come In Future
The future of BitWallet is set to increase the number of available cryptocurrencies on the platform to offer users a variety of options. Furthermore, the company is working on an Android version of the app to be released in the near future. The company also expects to develop a mapping technology to connect consumers to businesses that accept the digital currency.