 |
June 07, 2023, 06:35:51 AM |
|
Businesses are moving toward blockchain solutions at a rapid pace, and most of them prefer developing a white label Web3 wallet as it takes less time and investment. It’s a convenient way of completing the project efficiently, without facing much trouble.
What’s a white label wallet?
In layman's language, it’s a sort of clone of a well-established wallet, which is launched with a different name. The creator of a white label wallet will have complete ownership right over the product that is actually not his original creation. In fact, he has customized the code of a pre-written code in order to add or delete some features or change the user interface to some extent.
What are the considerable features of a white label Web3 wallet?
* The multi-custodial feature provides more choices to businesses. They can either have self-custody or joint custody with a trusted partner.
* Compliance is yet another feature of a crypto wallet that helps traders to stay safe.
* Mutisig protection helps prevent fraudulent activities because the wallet can’t be accessed by a single owner, and the transactions will be done only after the approval of more partners.
* MCP (multi-party computation) wallets are gaining traction in the crypto community as they ensure tight security.
* Ease of integration with exchange and DeFi apps is also a desirable feature of a white label Web3 wallet.
* Scalability helps to handle the growing volume of transactions in a hassle-free manner.
Eager to launch your own wallet? Consult Antier for white label solutions. Let the Antier experts handle all the wallet development intricacies for you.
|
