Cryptocurrency Fintech News

AlphaWallet Releases 3.0 Wallet That Enables Development of Any Token Use Case

AlphaWallet Releases 3.0 Wallet That Enables Development of Any Token Use Case

Earlier this month AlphaWallet, a cryptocurrency wallet and tokenisation company, announced the details of their newest wallet upgrade, AlphaWallet 3.0. This latest update to AlphaWallet includes features designed to improve the user experience of interacting with a crypto wallet, but also expands the usability of the blockchain promise itself. The most prominent upgrades include new TokenScript schema supports, ENS integration, a slew of new SMART token applications, and a variety of intuitive upgrades to UI.

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“AlphaWallet 3.0 has been in development for the better part of 2020, and we are proud of our latest updates for our global community”

“AlphaWallet 3.0 has been in development for the better part of 2020, and we are proud of our latest updates for our global community,” said Victor Zhang, CEO of AlphaWallet. “We have been developing several new token opportunities for users to engage with, and expand their use of blockchain into a variety of new use cases, such as the ability to create your own personalized token that can be used for virtually anything.”

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In AlphaWallet 3.0, with the support of TokenScript schema 2020/06 users can now design their own tokens, and manage them directly in their AlphaWallet, eliminating the need for endless wallets for various tokens. Known as TokenScript, this framework allows for users to integrate their token logic into the wallet itself, which highlights the token’s best features on iOS and Android, and designed with secure, cross-platform functionality. An example of this can be seen in our integration of the NEST token.

“Simply put, TokenScript is a special file that holds your token’s key features such as deposit, mint or vote and works cross-platform with security and trust in mind. To ensure such a file is not tampered with, it is cryptographically signed by the token issuer and verified within the app that runs it. Invalid signatures are rejected by the wallet app,” said James Sangalli, Co-Founder of AlphaWallet.

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