In the world of cryptocurrency, innovation is constant. The VeChain Technology Center in Ireland has introduced VeWorld, a cutting-edge self-custody wallet.
VeWorld’s launch was announced on X, and it’s expected to make a big impact on the VeChainThor blockchain. This mobile wallet is packed with features, providing security and convenience for crypto enthusiasts and developers.
VeChain (VET) recently gained attention when its price surged after being listed on Coinbase. Now, it’s in the news again thanks to VeWorld.
It's finally here – the VeWorld mobile wallet is officially launched!
Our developer teams have been working tirelessly to deliver a new level of quality for vechain's wallet infrastructure – we're super excited to share it with the world.
The current iteration is just the start… pic.twitter.com/081bJrWup3
— vechain (@vechainofficial) September 20, 2023
VeWorld’s Main Features
Here are the main features of VeWorld:
1. Self-Custody Security: VeWorld lets users take control of their crypto assets. It creates private keys right on your device, so you don’t need intermediaries to manage your assets.
2. Easy Asset Import: VeWorld simplifies importing digital assets. You can use mnemonic phrases or Ledger hardware wallets with a straightforward import process.
3. WalletConnect Compatibility: VeWorld connects seamlessly with WalletConnect, making it easy for Decentralized Applications (DApps) and developers to work together. This is a first for VeChain wallets.
4. Regular Updates: VeChain plans to regularly update VeWorld, adding new features and making it even better.
5. Community Input: VeWorld has a dedicated team that actively listens to community suggestions. You can share your ideas on their official Discord server to help improve the user experience and make it the best in the industry.”
Additional Features
In the initial release, VeWorld offers all the standard features of a crypto wallet. Users can send, receive, and manage their VIP-180 tokens, which are VeChain’s native token standard. They can also choose to display conversions in U.S. dollars or Euros.
But VeWorld goes beyond the basics. It lets users add custom token contracts, allowing for creative possibilities. You can view custom fungible tokens from VORJ, which is VeChain’s Web3 service platform. VeWorld also lets you handle gas payments with fee delegation.
That’s not all. VeWorld comes with a built-in NFT viewer, so you can see your collections directly in the app. With VORJ integrated into the World of V marketplace, you can mint, list, and view your NFTs for free.
The team is also working on more exciting features, such as integrating a VeChain Dapp store, adding decentralized exchange (DEX) functions, supporting asset bridging, and more.
VeChain aims for VeWorld to become the go-to wallet for its ecosystem and encourages project owners to integrate it into their projects. You can find more details in VeChain’s official announcement on Medium.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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