WALLETEUM: A DIGITAL WALLET FOR ALL YOUR CRYPTOCURRENCY NEEDS

OVERVIEW
The growing popularity of cryptocurrency will surely require many innovations aimed at making the use of cryptocurrency a better option to the conventional payment systems. One may think that there is already enough cryptocurrency and related projects to meet all the expectations of the founders of this amazing technology. Well, there is element of truth in that, however, so long as we have not completely achieved mainstream adoption of cryptocurrency, there is still a lot of work to be done in the blockchain industry.
Nevertheless, cryptocurrency, as of today, has demonstrated numerous advantages over conventional payment systems in the areas of cross-border transaction, access to financial services to all, reduced cost of transaction and the elimination of too many middlemen and cumbersome procedures. Unfortunately, many people and even some governments are still very skeptical about cryptocurrency, using security, privacy, volatility, scalability and many other factors as reasons. Funny enough, some call cryptocurrency outright bubble! Well, their fears and concerns are understood because it is not everyone that is open to change, besides, the big pockets will not want their firm control of the world’s economy to be threatened.
The best way to clear the doubt of cryptocurrency skeptics is to create blockchain innovations that solve all the identified problems and indeed prove that cryptocurrency and indeed the blockchain technology is truly a better option of doing things to the conventional system. One area to make this possible is in the cryptocurrency wallet (bank of cryptocurrency). We shall examine where we are today in this regard and what more needed to be put in place to take us to where we need to be.

THE PROBLEM WITH MANY OTHER CRYPTOCURRENCY WALLET
There are many problems associated with most of the cryptocurrency wallets in existence today which further confirm the fears of cryptocurrency skeptics. Notable among them are the following:

1. Centralization: Many of the cryptocurrency wallets are heavily centralized. The challenge with this is that the users are not really in control of their funds. If you have used a cryptocurrency wallet that does not give you access to your private key, then you probably have been using a centralized cryptocurrency wallet. The danger of this is that unfaithful staff of the company can connive with others to steal funds of users. It is even stated that centralized cryptocurrency wallets are worse than the conventional banking system because while there is regulatory framework for the later, there is yet to be any for the former.
2. Multiple wallets for different asset classes: There is hardly any single wallet in which you can store different asset classes. Users must resort to using multiple wallets for different asset classes and uses. This is indeed stressful and can lead to a security breach.
3. Complex and Unattractive user interface: Many cryptocurrency wallets in operation today are complex and require special training and practice to be able to use them properly.
4. Security: We cannot pretend not to know that centralized systems are target of attacks by hackers. This exposes centralized system to attacks and further confirming the fears of cryptocurrency critics.

THE WALLETEUM SOLUTION
Seeing the weaknesses of cryptocurrency wallets in operation today, Walleteum has gone ahead to build a cryptocurrency ecosystem that solves these problems with additional functionalities to make the storage and usage of cryptocurrency secured, seamless and fun. Walleteum platform is decentralised which is the key to transparency. What this mean is that, you are in control your funds. In addition, there are remarkable rewarding systems attached to using the Walleteum platform. We shall explore some of the features of the Walleteum ecosystem.

FEATURES OF WALLETEUM

1. Cross-Chain Compatibility: Walleteum allow the storage of multiple assets built on different blockchains and users will enjoy the flexibility of cross-chain compatibility.

2. Security: As stated earlier, the Walleteum platform is decentralized, this by itself provides greater security than the centralized wallets. Further to this, other measures will be integrated to essential efficiency and safety of the platform. Some of the measures include but not limited to Cold Storage Feature which have wallets with private keys generated offline, Multi-signature P2PS which is like a safe that requires two different keys to access with a third one saved elsewhere thereby making it difficult if not impossible for attackers to access, Google 2factor authenticator which is effective and very popular already.

3. Swap Feature: With this, users can exchange cryptocurrency within the Walleteum ecosystem without having to send to external exchanges. This saves time, money and eliminates risk of asset loss.

4. Mobile and Web Wallet: Walleteum will develop both Mobile and web wallets.

As can be seen, the Walleteum ecosystem will be a favorite choice when fully deployed. The Walleteum platform have a native token that will govern operations within the ecosystem. I will give more details about this shortly.

THE WALLETEUM TOKEN (EUM)
At the heart of the Walleteum ecosystem is an ERC-20 token with code name EUM. The EUM will be used for all transaction fees within the platform. The Walleteum team have plans of building a blockchain with EUM used to facilitate all transactions within the network. However, a new EUM will be issued as the old token will be replaced and this will surely add more to the demand of the token.

WHY YOU SHOULD CONSIDER WALLETEUM FOR INVESTMENT?
Here is my view about this project and I suggest you do due your due diligence in order to consider this project for investment.

1. The Product: They have a wonderful product that is second to none and which will be highly sort after. A secured decentralized wallet with swap and other amazing features will actually be a key one for the future of cryptocurrency.
2. The Team: The CEO, Ben Jalilian has made a name for himself in the financial sector. With over ten years of active service in finance before venturing into the blockchain industry, he is more than capable of leading this project to success.
3. The Community: With an active community that is growing every day, there is no doubt many people are identifying with this project.

THE WALLETEUM TOKEN SALE
It is interesting to know that the soft cap has been met in the presale. This is another testimony to potential of this project. You can participate in the public token sale through the Website or ICO Site.

CONCLUSION
The product offered by any project is what will push the demand and hence, the price. It is obvious the Walleteum project is one to watch out for as all is set to ensure the project is completely delivered.

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Author
BTT username:nattykio
BTT profile URL: https://bitcointalk.org/index.php?action=profile;u=1617655
Wallet Address: 0x248A1128622af131b0ec1e7345cc87e18A3E989b