Thursday, December 26

Earth Wallet enables users and developers easy access to decentralized finance (DeFi), autonomous organizations (DAOs), and social networks of the future

What Is Earth Wallet?

Earth Wallet is a self-custody wallet for the next generation of decentralized autonomous organizations (DAOs), decentralized finance, (DeFi), and decentralized social networks built on Web3.0. Earth Wallet will launch with the first dedicated self custody crypto wallet for the Internet Computer Protocol, and be ready for Bitcoin Taproot, a major upgrade to the Bitcoin protocol scheduled for November 2021.

Earth Association and Earth Wallet

Earth Association, the organization behind Earth Wallet, is a tech for good association in Zug, Switzerland. The association provides a scalable governance framework for global scale collaboration on the problems that planet Earth faces. Earth Association, will leverage decentralized social, governance, and finance protocols through Earth Wallet, to incentivize the creation of a better planet for all life on Earth.

Earth Wallet aims to bring a familiar non-custodial wallet solution to newer blockchain protocols (such as Bitcoin Taproot, the Internet Computer, and Polkadot) that Ethereum veterans are familiar with, and provide an easy way to interact with and build smart contracts with lower transaction fees, and faster settlement using advanced cryptography like Schnorr Signatures. As new Web3.0 technologies begin to transform the internet with things like decentralized finance, governance, and NFTs, Earth Wallet aims to provide a user-friendly experience for both everyday non-tech users and blockchain veterans alike.

“The infrastructure being released this year like Bitcoin Taproot and ICP really paves the way for an entirely new internet, in a way that just wasn’t possible before due to scalability challenges. However, the user experience and developer tooling around these new protocols needs a lot of work to sustain the hype and valuations which they have received.” said Sukhveer Sanghera, CTO of social.network. “Earth Wallet solves a few key challenges that both developers and users face when building and using these new internet protocols”.

Earth Wallet Launch Details And Early Access

Earth Wallet is currently undergoing security audits and extensive testing, with public launch to follow. All code will be open sourced, providing a transparent, fast, and easy way for anyone in the world to participate in the future of finance, and self custody their digital assets in a browser extension similar to MetaMask, a popular Ethereum wallet.

To get early access to the Earth Wallet register at https://earthwallet.io.

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AB News Desk is a trained group of web journalists and reporters who collect news from all over the blockchain market landscape. AB News Desk covers developments on Blockchain Industry including Distributed Ledger, Smart Contracts, Digital Assets, Cryptos, FinTech, Bitcoin, DApps, DeFi, and more. To connect, please write to Editor at info@alexablockchain.com.

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