Involve in Web wallet development to enable secure storage of coins and tokens - PowerPoint PPT Presentation

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Involve in Web wallet development to enable secure storage of coins and tokens

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Web wallets are available as an extension through popular internet browsers. The private keys are stored online and the wallets are highly resistant to hacking and DDoS attacks. – PowerPoint PPT presentation

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Title: Involve in Web wallet development to enable secure storage of coins and tokens


1
Web Wallet Development
  • Cryptocurrency Wallet

2
The importance of Web wallet development
  • Is used to process transactions quickly enabling
    faster fund settlement.
  • Can be easily integrated with different
    cryptocurrency exchanges by the users.
  • It supports all the leading digital and fiat
    currencies.
  • It is easy to use and is backed by
    institutional-grade security measures.

3
The core features of Web wallets are
  • Real-time crypto to fiat conversion at the best
    market rates.
  • Efficient portfolio management as users can
    access their fund balance and transaction history
    anytime and anywhere.
  • Auto denial of duplicate payments to prevent any
    chance of chargeback fraud.
  • In-app chat facility for smooth communication
    between the users.

4
The different security measure in Web wallets are
  • End-to-end data encryption of all the
    transactions.
  • Optional session logout after the user executes a
    transaction.
  • Multi-signature vaults to store the funds of the
    users.
  • Multi-factor authentication for enhanced safety.

5
The various use cases for Web wallets are
  • It can be utilized for preparing invoices and
    bills.
  • Real-time transaction tracking is facilitated and
    faster reconciliation is ensured.
  • Is integrated with the leading debit and credit
    cards and accepted by merchants as a form of
    payment for purchasing goods and services through
    Point of Sale (PoS) systems.
  • Can be used for cross-border transfer of funds in
    case of remittances.

6
As seen above, Web wallet development has become
a necessity in this era of digital payments and
the decrease in the use of cash. It enables
faster transactions at a low cost and also
safeguards the users from the economic crisis.
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