Blockchain Platform VeChain Introduces “Fully” Decentralized Digital Asset Wallet

2023 is “proving” to be an exciting year for the VeChain Foundation.

They have many tech developments “in the pipeline, including a near-term deployment of some ground-breaking tools that promise to lower barriers to entry and elevate the VeChainThor ecosystem even further.”

Their mission has always been “taking the blockchain out of blockchain, and the newest addition to our tech suite is no exception.” As we all know, the first step on any blockchain journey “begins with a wallet and we’ve been toiling away to deliver one of the best in the industry.”

The Vechain team is pleased “to announce ‘VeWorld’ is finally here.”

VeWorld is “the Foundation’s new fully decentralized self-custody wallet — aptly named due to its role as the gateway to the world of VeChain.”

This new wallet “introduces many quality of life upgrades for the VeChain ecosystem, with an extensive roadmap of features in the pipeline.”

VeWorld initially launches as “a web wallet and will be iteratively upgraded on a bi-weekly cadence by a dedicated team of Foundation developers.”

Mobile and desktop versions of the wallet “will launch in Q3, allowing users to download a version that suits them best.”

At launch, VeWorld allows users “to perform a variety of crypto-related actions, such as creating and importing wallets, managing crypto portfolios, sending and receiving crypto assets, securely transacting on decentralised applications (DApps) and managing crypto in combination with a Ledger hardware device.”

Looking ahead, the VeChain Foundation wallet team are “working on an extensive list of innovative features including a carbon calculator to allow users and enterprises to track their associated carbon emissions, a direct fiat on-ramp, native NFT integration, DEX integration, cross-chain bridges and much more.”

VeWorld represents “the first in a new wave of technological innovations made possible thanks to a fast-growing expert team based in our Tech Centre, Ireland, Europe.”

The pace of development at VeChain has “increased significantly since our move and we expect this to grow further in the months and years ahead.”

With real world adoption of blockchain technologies gathering steam, they look forward “to embracing a tidal wave of adoption by companies transitioning between Web2 and Web3.”

As covered, the VeChain Foundation, “headquartered in San Marino, Europe, is the non-profit organization behind the development of VeChainThor, a world leading smart contract platform spearheading the real world adoption of blockchain technology.”

By leveraging the capabilities of ‘trustless’ data (information without intermediaries), smart contracts and IoT technologies, VeChainThor has “delivered solutions in a wide array of fields, and now turns its attention to arguably the greatest challenge of all — building technologies and ecosystems to drive true sustainability and digital transformation at global scale.”

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