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Mobile Wallet News
A mobile wallet is a digital wallet that stores information about a user’s account, the amount of funds held in it and payment card information. Mobile wallets are currently the most convenient way of conducting in-store payments and are gradually replacing cash in most developed countries. Mobile wallet apps are widening the functionality of the wallets by implementing gift cards and discount cards into the digital space the application. Mobile wallets are also an important part of cryptocurrency development. Mobile wallets for Bitcoin are already used to perform Bitcoin transactions. Mobile wallets for Bitcoin sometimes provide transactions with other cryptocurrencies within the same application. Those mobile wallets mostly include the usage of Bitcoin Cash (and other Bitcoin forks), Ethereum, Litecoin and some other major cryptocurrencies.
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Zcash released a Software Development Kit for both Android and iOS, which allows developers to easily build mobile wallets supporting shielded transactions.
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Coinbase noted that it might be forced to drop DApp browsing functionality from its mobile wallet to abide by Apple's guidelines.
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Distributed naming system Ethereum Name Service announces the launch of multicoin support as 15 crypto wallets already plan to utilize the new feature.
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Casa, a Bitcoin-focused services and hardware firm, released a mobile wallet app for both Android and iOS users.
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A mobile crypto wallet has added a DApp browser, enabling users to access thousands of decentralized services in one place.
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South Korean technology behemoth LG applied for the “ThinQ Wallet” trademark with the United States Patent and Trademark Office.
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Despite bitcoin’s recent price surge, the download count of crypto-related mobile applications has seen no increase compared to the first half of last year.
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Major web browser Opera is releasing a new browser with a built-in cryptocurrency wallet and Web 3 explorer.
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Trust Wallet, the official wallet of leading crypto exchange Binance, has added support for credit card purchases and crypto asset Ripple.
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The Android version of major web browser Opera now integrates a function that lets its users purchase Ethereum.
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SBI Crypto Investment, a subsidiary of SBI Holdings, has invested in Breadwinner AG, the company behind the cryptocurrency wallet app BRD.
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