Singapore – The number of digital wallet users worldwide is increasing significantly. This continuous increase is directly proportional to the rising number of people participating in the digital asset market around the world. But many of these wallets are susceptible to hacking issues. This has increasingly raised the demand for digital wallets to enhance security and user convenience with the integration of blockchain technology upon them to raise security standards.
The revenue-generating digital wallet issuer, FINGERLABS, took on the opportunity in uplifting the security measures with blockchain in recent years, thus upgrading its safety functions from existing digital wallets by announcing the release of MyStarWallet.
Operating under Grafsound’s token (GSMT), FINGERLABS blockchain-based music platform has a variety of useful entertaining tools, among them the new music interface GRAF TV, which has attracted attention from blockchain and related industries.
MyStarWallet is a new type of digital wallet that focus on expanding to the blockchain ecosystem and supporting the token economy. It will be focused on superior safety, security, and user practicality. Especially, it is uniquely easy for users to manage their digital assets.
Some of the wallet perks include a deposit box service that pays interest according to the deposit period so that it can operate, and a coin-backed loan service which operates by providing a P2P transaction system that allows individuals to buy and sell coins, where users can directly promote profits through this.
Looking at the differentiated main service features of MyStarWallet, which are different from existing digital wallets,users can easily send and receive coins anywhere in the world by using a messenger service called ‘Star Talk’, it provides an interpersonal transaction system that allows anyone to buy and sell coins at any time through easily opening a group chat room, it also provides a loan service with coins held by users as collateral, and like savings, depositing coins for a certain period provides users with profits from fund operation. Finally, users can purchase various coins with legal currency at any time.
In addition, anyone can easily and simply issue a new ERC-20-based digital token. Companies or individuals users, such as artists and businessmen can quickly and safely issue new tokens as needed. It is utilized and can be usefully used as the realization of the issuer’s capital and the realization of the fundamental functions of the blockchain system. These digital asset creation capabilities can help individuals or small and medium-sized projects raise the necessary funds and establish a legitimate standard for proving the issuer’s assets with reliable value.
As such, MyStarWallet is a popular and asset management operation that is never pushed back in competition with major companies with capital. It is noteworthy in that it is a wallet with a strong service function with a system. In the future digital wallet market, It is a digital asset management wallet that
Related Posts
Bitcoin Futures ETF Exceeds Expectations, Trades $1 Billion On Day One
The numbers are in, and the Bitcoin Futures ETF had the biggest debut of the year. By far. We have...
Blockchain Firm Chainalysis Is Adding Bitcoin To Its Balance Sheet
Chainalysis has announced that it plans to add bitcoin to its balance sheet. The news came as a surprise to...
As Bitcoin Makes New ATH, Netflow Hints BTC Will Explode Here
The history of the Bitcoin netflow indictor may suggest that the current market is ready for the next major price...
Bitcoin Leads Charge Of Large Cap Altcoin Dominance In October
Bitcoin has regained dominance over the market in recent times. The digital asset has seen price recover towards previous highs,...
PayPal Co-founder Peter Thiel Admits He Underinvested In Bitcoin
Billionaire entrepreneur, venture capitalist, and PayPal co-founder Peter Thiel said he should have bought more Bitcoin. During an interview hosted by...
