BitKeep wallet monetizes Taipei Blockchain Week | News from Taiwan

TAIPEI (Tawan News) – More than coins and tokens can now be held in the next-generation cyber wallet that accommodates NFTs across multiple blockchain platforms.

Blockcast reported that Taipei Blockchain Week was a sold-out smashing success, attracting visitors from across Asia and elsewhere overseas, with the latest innovations in blockchain technology fueling cryptocurrency and NFT trading.

“DeFi” or decentralized finance has been a hot buzzword lately, seemingly offering protection of assets through shared participation.

In other words, the elimination of third-party entities such as banks or government institutions can allow transactions without the manipulation of a single entity. A permanent, indelible blockchain record further ensures the security of each transaction.

However, a lack of central regulation creates the possibility of many competing blockchain platforms, as literally thousands currently exist, both public and private, creating a tangle of compatibility issues.

Addressing such issues, Singapore-based BitKeep bills itself as Asia’s largest Web3 wallet supporting 80 major blockchains such as ETH, BNB Chain, Polygon and Avalanche. This allows for seamless transactions across a large number of coins and tokens.

To take things a step further, Bitkeep recently started supporting other transactions built on blockchain technology, such as digitized unique works of art such as NFTs.

NFTs are usually sold through designated exchanges involving predetermined currencies such as Bitcoin or Ethereum.

BitKeep is the first wallet in the world that supports buying NFTs with any token on the same blockchain. Another convenient feature is instant access to major NFT exchanges such as OpenSea.

Unbeknownst to many, there is an active market for NFTs as around 3 million NFTs are currently held by unique wallets, with the total number “minted” or available reaching tens of millions.

In addition to exploring the principles and spirit of decentralization, DApps are decentralized applications useful for mining and token issuance based on smart contracts. BitKeep’s DApp Zone contains 15,000 plus DApps and supports autonomous switching of the main chain network.

Through its sponsorship of Taipei Blockchain Week, BitKeep is optimistic about Taiwan’s Web3 market as there are already plans to build a more complete blockchain network.

As cryptocurrency and NFTs become more common, wallet services will become a must, not just for tech-savvy individuals, but for everyone.

BitKeep puts security at the top of product development. It adapts a set of algorithms-DESM and private key encryption and storage to ensure asset security.

Currently, BitKeep serves 8 million users from 168 countries and has achieved remarkable results in the Asian market.

BitKeep said that the future development of Web3 in the Asian market still has great potential. Deepening the Asian market is an important part of the globalization path.