Dash Partners with VegaWallet to Expand Usage of Blockchain-Based Payment Protocols

By March 5, 2019Bitcoin Business
Click here to view original web page at www.chipin.com

VegaWallet becomes the first wallet to use BitGo’s multi-signature Dash implementation with InstantSend transaction support

Dash, the leading cryptocurrency for payments and e-commerce, has announced a partnership with VegaWallet, the complete cryptocurrency platform, to further expand operations and applications for blockchain-based payment protocols. Through the partnership, VegaWallet will become the first wallet to use BitGo’s multi-signature Dash implementation with InstantSend transactions, and in the future it will be developing real world applications for Dash’s Evolution hard fork.

Bradley Zastrow, Global Head of Business Development at Dash Core Group, said: “VegaWallet’s ability to provide Dash users with with a secure wallet and payment solution plays a strong role in the value proposition. VegaWallet’s goal of creating a payments solution for the legal cannabis industry aligns with Dash’s goals to support underbanked businesses, making them a key partner for us going forward. Our primary focus is making daily commerce easy with Dash, and VegaWallet’s current and future products will add immense value to the Dash ecosystem. We are looking forward to our ongoing partnership with VegaWallet, as we continue to progress towards the launch of Evolution.”

VegaWallet currently supports several features for Dash in both its mobile and desktop wallets. The full system will include an inventory management system, business metrics, employee information panel, and other features, such as a cryptocurrency rewards and loyalty program powered by Dash and the VegaWallet Token. VegaWallet’s user interface has been streamlined after testing with third party groups to ensure it is simple to understand for beginners. The multi-coin friendly wallet allows users to easily transact in Dash and other currencies. The new functionalities include market trend data, full transaction history, and other popular user requests.

Tarek Hajri, CEO of VegaWallet, said: “VegaWallet’s partnership with Dash provides a unique atmosphere for improvement concerning real world applications in the blockchain based payments space. We believe customers will be excited for these future applications regarding the shared interests on our roadmap.”

Last year, Dash announced that BitGo, the market leader in institutional-grade cryptocurrency security, has added Dash to its list of digital currencies. As such, BitGo provided the first enterprise-class multi-signature wallet which enable institutions to safely leverage Dash at scale as part of their operations. VegaWallet is the first to leverage this existing multi-signature Dash implementation in addition do Dash’s InstantSend technology, creating a secure and seamless wallet experience for users.

To celebrate this partnership, Dash and VegaWallet will host a design contest. Participants from all communities will be invited to design a new wallet theme for the Dash themed VegaWallet. The winner will be chosen from a panel of judges from both organizations and will receive the opportunity to have his or her design featured as a permanent theme option in the upcoming desktop wallet update. Currently, the desktop wallet is still in beta, but it is downloadable on VegaWallet’s website, vegawallet.com.

About Dash:
Dash is the leading e-commerce and payments-focused digital currency, and the rising alternative to bitcoin. Experiencing significant growth since its beginnings in 2014, Dash is now accepted at more than 4,000 merchants, including 2,200+ in Venezuela, in addition to being accessible via 400+ ATMs and 120+ exchanges worldwide- making it one of the few offering safe, decentralized financial solutions to real world problems. Dash offers a form of money that is portable, inexpensive, divisible, and fast. It can be spent easily and instantly online at merchants across the globe, at much lower fees than credit and debit cards. With over 60 members on the team and a unique blockchain mining and treasury model, Dash is the only major self-funded, self-governed organization in the cryptocurrency industry. This allows for constant development and funding for the entire project.

About VegaWallet:
VegaWallet aims to be a global leader in providing real world applications for blockchain based payment protocols. They pride themselves in offering a complete cryptocurrency platform for their user base and have specific strategies in place for massive improvements to current products available on the market. Their development team is tirelessly working on the next generation of cryptocurrency payments system and an advanced exchange revolving around the multi-signature implementation provided by BitGo Inc. Users can download their secure wallet application on the App Store, Google Play, or for Desktop on their website. Learn more at VegaWallet.com.

Dash, the leading cryptocurrency for payments and e-commerce, has announced a partnership with VegaWallet, […]

Leave a Reply

All Today's Crypto News In One Place