SINGAPORE , Nov. 28, 2022 /PRNewswire/ — imToken is pleased to sponsor and participate in ETHVIETNAM, which is one of the largest global blockchain events that aims to empower participants to build a blockchain world together, shape the ecosystem and promote growth.
At the conference, imToken gave a keynote speech on “Access to the tokenized world – A wallet for an average person”. From the perspective of a wallet provider with a long-standing commitment to building the ecosystem, imToken shared how they understand the concept of token, envisioned a token-based future, and most importantly, shared their latest exploration of
- What is the next generation wallet
- RIVO: A payment service based on DLT (Distributed Ledger Technology)
Blockchain, a comprehensive upgrade of Internet technology
The Internet was born in the 1990s. And in 2009, blockchain technology was invented, bringing transparency, decentralization and data immutability to the Internet.
Another important innovation in blockchain technology is that it has established a “consensus” mechanism, such as PoW and PoS, for the Internet. And this innovation has not only upgraded the technical aspects of the Internet, but also changed the business model.
Token, an innovative medium in the blockchain network
Token is an innovative medium that helps people interact better with the blockchain network.
Token can either be a form of digital media that contains text, images, videos, animations, etc., or a digital message that revolves around our identity, social and credit.
Whether in the real world or the digital world, there are a large number of things that can be transformed into tokens in the blockchain network, where people can improve their interaction with the network, thereby realizing the improvement of the Internet experience – from “digital world” to ” the blockchain world”.
Blockchain will lead the transformation to the Internet of Value
There are three forms of innovation in the blockchain world.
- Capture the original, fundamental value of the digital world, find more potential value, and better ensure the security of the network.
- Map the real world to the digital world.
- Bring the digital world into the real world. For example, the personal “footprint” formed in the digital world can be transformed into the “credit” of each person in the real world through technical means.
Such innovation can accelerate the integration of the real world and the digital world, making our real life more efficient and intelligent, and our digital life richer and safer.
Innovation of the blockchain world’s infrastructure
In the blockchain world, based on decentralization and tamper-proof data, wallets are also innovative. The digital tools that make it easier for people to explore the blockchain world should generally meet the following requirements.
- Key (private key): It represents our ownership. Blockchain technology can effectively safeguard the security of our digital information and assets, and ensure free extraction of information. Key plays an important role.
- Account: In the blockchain world, a network is a kind of shared resource. An account is a globalized concept. User accounts and data in the blockchain world are not exclusive to a particular organization or platform, and users do not need permission from any organization or platform to create accounts.
- Permission-free access: The decentralization feature of blockchain enables the creation of permission-free access tools, and users can enjoy various applications in the blockchain world more freely and autonomously.
Build the future of the blockchain world
imToken believes that the decentralization function of blockchain technology can provide a more equal development environment and opportunity for the world. imToken is committed to building a safe, secure and user-friendly blockchain tool, and imToken also hopes to enable people to enjoy a better digital life more equally and freely.
imToken 3.0, the next-generation wallet product, will be more beginner-friendly and help more newcomers easily enter the blockchain world.
RIVO, the payment network service based on DLT (Distributed Ledger Technology) incubated by imToken, will also help people connect traditional means of payment and blockchain networks more conveniently and promote the integration of the real world and the blockchain world.
At the same time, imToken hopes that more people will participate in the wave of blockchain innovation, promote the improvement and popularization of blockchain technology, and allow more people to access the blockchain world equally and freely.
