Distributed ledger technology sits at the core of modern cryptocurrency research and innovation. Every day, hundreds of new applications for the evolving technology are being found and monetized. The creation of cryptocurrencies using the technology is just the tip of the iceberg; public interest in investment, banking, and the formation of a self-sustaining economic ecosystem are all goals seemingly achievable through blockchain technology.
What Is IOTA?
IOTA has been a leading researcher in the field of distributed ledger technology. Rolling out their own wallet, the IOTA Wallet, the company has done significant work towards their long-term goal of “enabling the true internet-of-things.”
Their entirely open-source distributed ledger is poised to provide several unique benefits to its users, including “feeless microtransactions,” as well as “data integrity.”
A lot of the justification for the need for an organization like IOTA comes from an understanding of data storage concerns inherent to the traditional financial system. IOTA expands, remarking that there exist no ways to verify the data received on the internet, especially when it comes to traditional financial transactions and interactions.
Consequently, IOTA has come forward with yet another innovation to their spin on the distributed ledger technology. This guide will outline the development and details surrounding IOTA’s Trinity Desktop Wallet, a user-friendly way to access the IOTA Internet-of-Things.
Trinity Wallet Safe & Secure mIOTA Coin Desktop Wallet App Features
The biggest selling point for the Trinity Wallet is that it provides another layer of ease-of-use for interested consumers. One analyst remarks that the project is a “user-friendly wallet,” and that work on the cross-platform app will help to re-ignite interest in the IOTA Internet of Things project.
The Trinity Wallet is set to be an extension of the current IOTA wallet, but with a couple added features, mostly related to the ease-of-access prerogative the company seems to be pushing.
The project is currently in the Alpha phase of testing, and is going though a securities audit so that it can be marketed legally to investors.
IOTA Trinity Wallet Conclusion
IOTA’s Trinity desktop app represents the latest efforts of the company to provide a simple, easy-to-use wallet to store and trade altcoins. Their efforts to establish access to the internet-of-things is only expanded by this latest effort. From an investor standpoint, the release of IOTA Trinity Wallet marks a transitional point in the company’s climb to success.
A successful beta release of the IOTA Trinity Wallet could win big points for the IOTA project,