What is the use of opening a digital wallet (opening a digital wallet)?

08/16/2023 09:32 • AI & Tech Insights • 56 views

What is the use of opening a digital wallet? What is the use of a digital wallet? What are the benefits of opening a digital wallet?

In China, many apps already support this function. For example, apps like Alipay and WeChat Pay can directly use digital currency for transfer and payment services. We also know that many phone manufacturers now provide free blockchain applications, including Baidu’s JD Finance, Alibaba’s Ant Financial, NetEase’s Planet, and other companies are developing such applications.

So, why should someone open a digital wallet? Actually, you don’t have to rush to open the app or software to only choose the desired functions. For example, you can achieve transaction operations by downloading the Huobi ECO Chain, participating in mining, or joining other public chains. But for users, security is still very important. After all, most wallets are currently centralized, and the private key is completely controlled by the user. At this time, you can store your money in your own digital wallet to avoid the risk of funds being stolen or assets being lost due to hacking attacks!

Opening a digital wallet

According to official news, the Shenzhen Information Service Industry Blockchain Association and Zhongke Jincai recently signed a “Memorandum of Cooperation” and will jointly carry out the business of opening digital wallets based on blockchain technology in Shenzhen.

According to the contract, the “company” will have its own digital currency and physical cash savings account. The “enterprise” will also establish branches in commercial institutions such as Bank of China and Construction Bank to provide relevant financial products and services. At the same time, the financial data of each company will be unified on the chain for certification and processing. (Yicai)

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What is the use of opening a digital wallet (opening a digital wallet)?

Opening a digital wallet

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