Distributed ledger technology sits at the core of modern cryptocurrency research and innovation. Every day, hundreds of new applications for the evolving technology are being found and monetized.
The creation of cryptocurrencies using the technology is just the tip of the iceberg; public interest in investment, banking, and the formation of a self-sustaining economic ecosystem are all goals seemingly achievable through blockchain technology. IOTA has been a leading researcher in the field of distributed ledger technology.
Rolling out their own wallet, the IOTA Wallet, the company has done significant work towards their long-term goal of “enabling the true internet-of-things.” Their entirely open-source distributed ledger is poised to provide several unique benefits to its users, including “feeless microtransactions,” as well as “data integrity.” A lot of the justification for the need for an organization like IOTA comes from an understanding of data storage concerns inherent to the traditional financial system. IOTA expands, remarking that there exist no ways to verify the data received on the internet, especially when it comes to traditional financial transactions and interactions.
Consequently, IOTA has come forward with yet another innovation to their spin on the distributed ledger technology. This guide will outline the development and details surrounding IOTA’s Trinity Desktop Wallet, a user-friendly way to access the IOTA Internet-of-Things.
The biggest selling point for the Trinity Wallet is that it provides another layer of ease-of-use for interested consumers. One analyst remarks that the project is a “user-friendly wallet,” and that work on the cross-platform app will help to re-ignite interest in the IOTA Internet of Things project. Read more from bitcoinexchangeguide.com…
thumbnail courtesy of bitcoinexchangeguide.com