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Jaxx.io, a popular cryptocurrency wallet, has just released a beta version of its next wallet edition, completely overhauling the previous version.
Jaxx Liberty: A Cryptocurrency One Stop Shop?
Decentral, a prominent Canadian ‘innovation hub’ for cryptocurrency and blockchain development, has just launched the Jaxx Liberty wallet. Jaxx, created at Decentral, is a popular multi-coin wallet for mobile and web devices. The Liberty platform, with its name likely referencing the decentralized nature of cryptocurrencies, revamps the original version of the wallet.
Liberty adds support for cryptocurrency tools, moving away from a wallet-centric experience which Jaxx has become known for. The new and improved wallet version adds support for vital information pertinent to cryptocurrency users, like news, market data and a multi-chain block explorer. On top of all that, the service is free, with Liberty being available for all consumers.
Anthony Di Iorio, co-founder of Ethereum and CEO of Decentral, gave his vision for Liberty, stating:
“Before the web browser, adoption of the Internet was limited to tech-savvy early adopters. That’s the stage we’re at today with cryptocurrency. Jaxx Liberty is the web browser for your digital assets, empowering the masses to adopt the benefits of cryptocurrency and blockchain.”
With this statement, Di Iorio alludes to the ‘one stop shop’ vision which he holds for the project. In the upcoming months, the startup also plans on implementing an “unbiased” information portal and its in-house loyalty reward system, which will help to gamify engagement with partner firms.
Growing Need For Cryptocurrency Infrastructure
As the cryptocurrency space expands, there will be a growing need for cryptocurrency services. Many incoming consumers, looking to invest in the industry, find the act of buying, storing and researching cryptocurrencies difficult.
Although easy for experienced users, less technologically adept users may find it difficult to use cryptocurrency platforms in their current state. Take Binance for example, which greets consumers with numbers, flashing lights and sometimes tedious security processes. The flashing lights and blinking numbers may be a welcome sight for users of online stock brokerages, but for others, it can prove to be a difficult environment to navigate through.
Many crypto companies focus on institutional investors, giving little to no regard to common consumers. Although institutions hold a majority of investable capital, the public holds the keys to widespread adoption. Whether it be easy-to-use and accessible wallets or block explorers, the development of cryptocurrency infrastructure, available for all consumers, will become an essential part of the ecosystem moving forward.
Jaxx has already secured itself as an easy-to-use and useful platform for new and experienced users alike. However, with this new edition, the Jaxx wallet will begin to cement itself as a viable way for users to hold, analyze and interact with the top crypto assets.
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