The creation of Bitcoin has created a disruption in the field of technology. It's core technology will be called as the revolutionary technology in the history of mankind. When the Bitcoin was first appeared, no one has any idea what changes it will bring in the next 10-15 years. It's immutable, incorruptible and unhackable nature makes it more superior than any other existing technology. That's why the world is giving special attention to implement it in every sphere of our society.
In the recent years the cryptocurrency market is on acceleration. Many businesses and companies spending millions of dollars to implement this technology into their core business applications. Highly professional experts working day and night to create many solutions on blockchain network. And believe me it's the future.
Problems
Despite showing rapid growth and technology hype, the blockchain and cryptocurrency are facing many challenges. Everyday many blockchain projects emerge but only few of them are high quality and can able to provide boost in the technology adoption. Today thousands of industry experts and professionals are spending their time to create new blockchain technology solutions that could potentially solves the every business and other related problems. Alongside, hackers are also preparing their nerves and are working to crack and hack exchange wallets to clean out every digital assets stored in it.
History has shown many cases happened in the past that every single data breach can lead to million dollars of digital asset loses. That's why security is the fundamental aspect for every sector to move forward in this technology. Thanks to some experts whose vision and dedication helping to step forward in this technology with securely. Blockchain itself is unhackable and impossible to crack it and we need perfect tools to execute it in every solution. In this today's article we consider about cryptocurrency wallets, as they need highest level of cryptographic security because our entire digital funds are stored in it.
About the project
In this article we discuss about a cryptocurrency wallet called Cobo Wallet. It is the world's first cryptocurrency wallet which offers unique features such as Proof-Of-Stakes and masternode rewards for users holding their digital assets within the wallet. It provides high level of security, reliability and simple user interface to users.
Cobo Wallet is a next generation hardware crypto wallet which offers convenient storage and transfer of crypto assets and an ecosystem of curated Dapp applications.
Principle of operation
The Cobo Wallet team is committed to provide reliable, secured and user-friendly cryptocurrency wallet for all. The project developers have integrated all the necessary features in the wallet application. The Cobo Wallet has decentralized application store (Dapps store) which are integrated with POS support. The Cobo Wallet also provides an unique opportunity for its users to earn from holding cryptocurrency into their wallet by staking and master node rewards. Cobo Wallet is very beneficial for users as it is a safe store house, where they can store any type of cryptocurrency. It is a professional wallet where investors can manage all their crypto portfolios. The Cobo Wallet provides its service to users in the name of BitGrow. It is worth to note that the project team is highly experienced and the management methods adopted were earlier used in the financial companies, hedge funds and in the projects working on AI technology.
The Cobo Wallet is committed to provide simple and user-friendly service to its users, they have launched their mobile application available for both Android and iOS platforms. Thus users can easily manage and store their crypto funds in the wallet.
Advantages
The Cobo Wallet provides a full proof hardware wallet which is perfect in all ways. The hardware wallet is made with military standard durability which is full proof, can withstand strongest degree of extreme conditions. It is having top class financial encryption system and can support all types of cryptocurrencies. Other benefits of the Cobo Wallet are given below:
• as we said earlier the hardware wallet is made with military standards that it can withstand water, dust and other toughest and rugged situations;
• while performing the transactions the wallet eliminates any type of network contacts such as WiFi, Bluetooth and NFC, to eliminate any external attempts of interception;
• the Cobo Wallet uses bank standard encryption methods which provides perfect security protocols with multi signature authentication;
• the funds will be stored in hot and cold separate wallets;
• the Cobo Wallet provides HD wallet support for decentralized apps, users can switch between cloud and HD wallets as they wants;
• Cobo Wallet provides smart voting, staking and master node rewards, which helps to earn cryptos while holding on the wallets;
• the best part is that the Cobo Wallet has self destruction feature which will be enabled when someone tries to steal the data. This feature automatically deletes everything so that fraudsters will not be able to access any single data;
• the project team has implemented 2 factor authentication, KYC and AML features, multi signature authentication etc to make it full proof and highly secured;
Conclusion
It is worth to note that this project will play an important role in accelerating the growth of crypto market. Today the crypto market requires a perfect cryptocurrency wallet which is perfect in all ways. The Cobo Wallet provides security, reliability and transparency in managing your crypto portfolios. The Cobo Wallet team has given highest priority to security and has implemented all the necessary and unique features that ensures our crypto assets are completely safe. The Cobo Wallet will make crypto accessible and usable easily in our day-to-day life, thus mainstream adoption of crypto will happen easily.
Finally I would say Cobo Wallet is a very strong project and will become a primary choice for storing our crypto assets. Lastly, I would suggest you to read the official whitpepaper of the project for more details. This project needs much public attention and I wish all the best for this great project.
Learn more about Cobo Wallet:
Website: https://cobo.com
ANN thread: https://bitcointalk.org/index.php?topic=5129263
Telegram: https://t.me/cobowallet
Facebook: https://www.facebook.com/coboOfficial
Twitter: https://twitter.com/Cobo_Wallet
Medium: https://medium.com/cobowallet
LinkedIn: https://www.linkedin.com/company/coboofficial
YouTube: https://www.youtube.com/channel/UC4pPHVxoBYQubw19zL9tu-A/videos
Android: https://webview.cobo.com/growth/candy?c=1PW5ZQ&t=1555649011180&cc=1
iOS: http://apple.co/2FNP44z
About Author:
Bitcointalk username: Abhijeetcg
Bounty0x: abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
