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- VeChain continues its mission to sit-ups the blockchain industry, with the introduction of a new innovative wallet VeWorld.
- VeWorld to benefit from VeChain’s overall adoption as interest rate in blockchain technologies continues to rise.
VeChain foundation, the non-profit organisation behind the development of VeChainThor has just put forward a groundbreaking wallet. VeChain made the announcement on Twitter, disclosing the launch of its self-custody wallet “VeWorld”, to over 500,000 followers on the platform. Vechain remarked in its blogpost:
We’ve got exciting news! #VeWorld – our new official wallet, is now available: https://t.co/Yy8thhbvLm!
We’re continually lowering barriers to entry for #blockchain & crafting an optimal real-world #Web3 environment.
Build the future on $VET! #VeChainhttps://t.co/zO3Mj6qSt8 pic.twitter.com/8VqCBAMX5z
— VeChain Foundation (@vechainofficial) February 20, 2023
Our mission has always been ‘taking the blockchain out of blockchain’, and the newest addition to our tech suite is no exception. As we all know, the first step on any blockchain journey begins with a wallet and we’ve been toiling away to deliver one of the best in the industry. Today, we’re excited to announce ‘VeWorld’ is finally here!
In a blogpost detailing the features of the wallet, Vechain noted that VeWorld will allow its users to access their assets with ease. The term “VeWorld” refers to the wallet serving as the gateway to the world of VeChain.
VeWorld introduces a large number of benefits for the quality of life upgrades for the broader Vechain ecosystem. There is also an extensive roadmap of upcoming features expected to follow the launch of the wallet.
Initially, the wallet was launched in a web format before a mobile version was considered. Users are to expect a bi-weekly cadence from the foundational developers of the wallet. In the third quarter of the year, a mobile and desktop version of the wallet is expected to go live. This will give users the option to select from a larger pool.
VeWorld to benefit from VeChain’s continues adoption poised to accelerate
The existence of VeWorld can be credited to leading teams in Europe that are responsible for VeWorld’s successful launch. As Vechain noted in the blockchain, VeWorld is one of the first innovations made possible by a team of experts based in its Tech Centre, located in Ireland, Europe. Vechain stated.
At launch, VeWorld allows users to perform a variety of crypto-related actions, such as creating and importing wallets, managing crypto portfolios, sending and receiving crypto assets, securely transacting on decentralised applications (DApps) and managing crypto in combination with a Ledger hardware device.”
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The development pace of new and innovative technologies at Vechain has risen to astronomical levels following its relocation to Europe. After a series of collaborations with a small country in Europe, Vechain revealed in February 2022 that it had successfully opened a Vechain Foundation headquarters in Europe.
The foundation expects that the move will play a significant role in VeChain’s growth in the years ahead. VeChain also anticipates more real-world adoption. As many companies transition from web2 to web3, it indicates a continuous interest in blockchain technologies.
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