Cryptographic Social Platform CloudChat Inks Strategic Deal With Crypto Exchange HOO April 23, 2022 April 23, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsApril 23, 2022 by Kelly Cromley

Cryptographic Social Platform CloudChat Inks Strategic Deal With Crypto Exchange HOO

Earlier this month, CloudChat and HOO established a strategic agreement. Participation in CloudChat Token’s First Initial Coin Offering (ICO) is available to HOO users via the trading platform. With more than 30 million registered members and 40 thousand daily active users, CloudChat is a startup dedicated to the development of a blockchain social ecology. NFT transactions and other services are available to users via the DEFI wallet and social network. Users of CloudChat may utilize the CC wallet to conduct transactions, send red envelopes, and perform other activities.

Initially, the storage and management of tokens is restricted in Crypto wallets. Decentralized Finance (DeFI) and Non-fungible token (NFT) have lately grown in popularity, and several wallet providers have adapted their products in response. Both the Hardware Wallet and the Wallet App might be used in tandem to give a smooth experience for the customer.

Cloudchat is a blockchain-based cryptographic social network and digital token circulation mechanism. By using blockchain technology and Web3.0 protocol, CC aims to offer the underlying protocol support for anonymous mapping communication networks as well as cross-region anonymous chats. A new age of anonymous networks will be ushering in thanks to Cloudchat in the future.

On social media, the majority of NFT holders exhibit their NFTs and use them as profile photographs. NFT can’t yet be stored in any crypto wallets as personal data. In the near future, CloudChat Wallet plans to include this functionality, which it is now testing and will make available to all customers. It is essential that users employ cross-chain bridges in order to move cash from a public chain into another.

The Cloudchat wallet’s introduction incorporates the THORCHAIN protocol. With no need for a cross-chain bridge, users will be able to move their assets across ecosystems at will. Cloudchat wallet is a one-stop shop for all of your financial assets. In order to ensure the security and ease of the whole CloudChat financing, the Cloudchat wallet was created, which includes features such as digital identification, multi-chain, social networking, and cross-chain bridges, as well as multi-signature.

The landscape of digital payment is changing as the Internet evolves towards Web3.0. An all-in-one wallet software that is both useful and safe is essential to your success. Because of its focus on offering a multi-chain and user-friendly crypto wallet, CloudChat wallet is poised to become the industry standard for digital wallets in the Web3 Era while also bridging the gap between physical and digital worlds via digital economics.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.