SoCap Wallet functions and future enhancements

Unlike conventional money, cryptocurrency is not stored in a real or virtual wallet, it resides directly in the blockchain ecosystem. The chain stores the coins themselves, asset allocation information, and transaction history. The blockchain cannot be erased or changed except by destroying the entire Internet.

You can compare a crypto wallet with any modern bank app. You can get the bank’s money at any branch, but you can only use the money from the crypto wallet online. Choosing the right crypto wallet should be approached with the proper level of responsibility.

Our wallet primarily serves for the safe storage of cryptocurrencies and NFT.

In the future, we will add support for cryptocurrency payments. The most unusual feature is the contact database in the wallet. With this feature you don’t need to ask for a wallet number all the time, just choose a contact and send him coins from either BSC, Polygon, or Ethereum in the network you are comfortable with.

The wallet works on the BSC network the same way the SoCap token does.

This makes our wallet easy to use:

Also, the wallet has the following features:

-ERC-20 token transfer

-NFT support in the ERC-721 standard, Polygon and BNB Chain.

The most popular standard for such tokens.

In addition, such smart contracts have the function of fixing their movement, and the token can accumulate value in itself. This is great for digitizing unique assets such as artwork, paintings, and legal documents, you can even tag each bottle of wine separately, basically anything you can think of. Here is another example: imagine for a second that someone decided to recreate Diablo on the blockchain, so your character could be an ERC-721 token and as the game progresses it would accumulate a certain value, consequently, this token can be sold to another player at a higher price, because the upgraded character has more experience, power, etc. In this, there is great potential for the development of various stores such as unique digital goods.

Also, NFTs can be sent to BNB Chain, Polygon, and Ethereum networks

And soon we will add the ability to create your NFT without leaving the app, from any material.

- Support for BNB Chain, Polygon, and Ethereum Networks

Binance Smart Chain is a new platform that aims to reduce transaction costs and provide a platform for creating DApps and other DeFi products.

Binance Smart Chain (BNB Chain) is a blockchain network built for smart contract applications. BNB Chain runs in parallel with Binance’s own Binance Chain (BNB Chain) network, allowing users to get the best of both worlds: high bandwidth BNB and support for BNB smart contracts.

In addition, Binance Smart Chain supports the Ethereum Virtual Machine (EVM), which allows Ethereum-based applications such as MetaMask to run.

The goal of the platform is to enable developers to create decentralized applications (DApps) and to manage digital assets between different blockchains, with low latency and high capacity for users.

Formerly known as the Matic Network, Polygon is a collaboration and scaling platform for creating Ethereum-compatible blockchains.It remains centered around the MATIC token, which is used for management, rates and gas fees.

With Polygon, developers can run preset blockchain networks with attributes tailored to their needs. They can be further customized with a growing set of modules that allow developers to create sovereign blockchains with more specific functionality.

- WalletConnect support

WalletConnect is a protocol that is supported by many cryptocurrency wallets, as it can be used to easily connect to various decentralized finance (DeFi) DApps. All you need to do is select a DApp and connect using a QR code or a link.

- Integration with cashback Usecrypt Messenger

Using the wallet you will automatically accumulate Usecrypt Messenger cashback for yourself.

UseCrypt was designed for easy use. Our wallet has attractive conditions and the creation of full privacy in your wallet.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store