The popular crypto wallet Jaxx.io has released a beta version of its next wallet edition, which completely overhauls the older version. But what is it all about?
Jaxx Liberty: A Cryptocurrency One Stop Shop
The Canadian blockchain and crypto innovation hub, Decentral, launched the Jaxx Liberty wallet. Jaxx is a cryptocurrency wallet that supports a wide variety of coins and is available for mobile and web devices. The platform wants to revamp the original version of the wallet with its Liberty name.
Liberty adds support for different cryptocurrency tools, allowing the company for moving away from the wallet-centric experience. For example, there will be news, market data, and a multi-chain block explorer. Additionally, the service is free for all consumers.
Anthony Di Iorio, co-founder of Ethereum and CEo of Decentral, said:
“Before the web browser adoption of the internet was limited to tech-savy early adopters. That’s the stage we’re at today with cryptocurrency. Jaxx Liberty is the web browser for your digital assets, empowering the masses to adopt the benefits of cryptocurrency and blockchain.”
Di Iorio is commenting on the ‘one stop shop’ vision that he holds for the project. In the next months, the company aims to implement an ‘unbiased’ information system and portal. The main intention behind it is to gamify engagement with other firms.
The company creating infrastructure for a growing cryptocurrency space that is searching for crypto-related services. Additionally, incoming consumers will have a better experience buying and storing cryptocurrency, and researching information on the market.
It is easy for experienced users to understand how the technology works and how to have access to different services. There are some platforms that have difficult processes for users to create a profile or start using their services. For example, crypto exchanges have confusing graphics for those new users and complicated rules. This shows that it is a very difficult environment for newcomers.
At the same time, other crypto and blockchain platforms focus on institutional investors, putting little or no attention on individual users. Even when those bigger users have the money, retail investors are those that can spread the word about virtual currencies and expand the ecosystem.
Jaxx has already secured itself as a platform for new and experienced users, easy to use, and with a friendly interface. The wallet will start to become a viable way for users to hold, interact, and have contact with the cryptocurrency market.