Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Life DeFi Wallet Integrates Polygon Blockchain to Promote Scalable Dapps

Life DeFi Wallet Integrates Polygon Blockchain to Promote Scalable Dapps

Kelly Cromley by Kelly Cromley
Jan 27, 2023
in Market News, News
Reading Time: 2 mins read
0

Life DeFi Wallet, the initial multi-blockchain non-custodial digital wallet facility that permits users to trade directly via usernames, has incorporated the Polygon blockchain to draw digital content harnessing the famous layer 2 scaling solution’s increased speed, reduced expenses, and strong safety, and also the extensive package of dApps developed on the Polygon blockchain, to its swiftly expanding system. GDA International, which offers digital asset firms access to growth finance and financial advice services to assist shareholders traverse the digital asset market, oversaw the creation.

Polygon, the first layer two solutions for Ethereum, which arose to enable quicker transactions and reduced costs for consumers, operates as a swift sidechain parallel to the main Ethereum blockchain. Polygon employs the same proof-of-stake algorithm and Ethereum Virtual Machine (EVM) as the Ethereum blockchain, allowing developers to move apps and digital assets between both protocols fast and simply, but at a fraction of the cost and with near-instant transaction processing.

RelatedPosts

Uzbekistan Launches HUMO Token Backed by Sovereign Bonds

Brave Wallet Integrates Cardano, Boosting Web3 Access

MicroAlgo Unveils Blockchain-Powered IP Protection Algorithm

0xmd Expands to Brazil in AI Healthtech Deal with SENAI CIMATEC

Polygon has more than 135 million distinct addresses, more than 34,000 decentralized apps developed on the protocol, has conducted more than 1.8 billion trades, and offers a range of solutions with scalable and private development infrastructure. In addition to decentralized exchanges, bridges, and lending and borrowing covenants, Polygon applications encompass metaverses, play-to-earn games, and NFT platforms. Incorporating the Polygon blockchain is a significant advancement in transforming all virtual assets and DeFi functions available inside the Life environment.

Life DeFi Wallet has simplified the movement of digital assets, allowing users to give and acquire crypto content using simple @usernames instead of complex public – key. This will facilitate the onboarding of fresh users into the blockchain and Web3 worlds and drastically lower the adoption barriers now faced by digital assets enthusiasts. The Life DeFi Wallet group will retain the @polygon username inside the Life environment for the Polygon Foundation as a portion of this endeavor.

As per the founder of Life DeFi Wallet, Patrick Andras, “The Polygon blockchain is among the most popular covenants and drives a large number of world’s most popular dApps. Incorporating Polygon enables thousands of fresh dApps to become accessible from Life’s forthcoming dApp browser, and millions of people who use digital assets on their covenant will now have easy access to an easy-to-use and highly safe non-custodial wallet from which they can transmit any token released on polygon utilizing @username.

Michael Gord, chief executive officer of the GDA Group of Companies, stated, “The goal of Life DeFi Wallet is to facilitate the use of digital assets easy and available to all. Incorporating Polygon is a major leap toward enabling Life users to utilize all of the decentralized apps produced on the Polygon blockchain and to retain and distribute any digital assets generated on Polygon.”

The incorporation of Life DeFi Wallet with Polygon occurs a few days following the application’s introduction on the Android Play Store. GDA Group, Life DeFi Wallet, and Polygon are laying the groundwork for the delivery of significant user breakthroughs in the realms of ease, value creation, and engagement across a broad spectrum of business verticals.

 

Previous Post

NFT Market OpenSea Records Rise in Trading Volume in Successive Months After a Year

Next Post

Amazon Taps Web3 Domain with NFT Project Plans

Related Posts

uzbekistan launches humo token backed by sovereign bonds

Uzbekistan Launches HUMO Token Backed by Sovereign Bonds

by Kelly Cromley
May 13, 2025
0

Uzbekistan is preparing to introduce HUMO, a blockchain-based digital token backed by government bonds, as part of a broader strategy...

brave wallet integrates cardano, boosting web3 access

Brave Wallet Integrates Cardano, Boosting Web3 Access

by Kelly Cromley
May 13, 2025
0

Brave, a privacy-centric Web3 browser, has officially integrated the Cardano blockchain into both its native and standalone wallet applications. This...

microalgo unveils blockchain-powered ip protection algorithm

MicroAlgo Unveils Blockchain-Powered IP Protection Algorithm

by Kelly Cromley
May 13, 2025
0

MicroAlgo Inc. has introduced a blockchain-based intellectual property (IP) protection algorithm designed to overcome long-standing challenges in digital copyright enforcement....

0xmd expands to brazil in ai healthtech deal with senai cimatec

0xmd Expands to Brazil in AI Healthtech Deal with SENAI CIMATEC

by Kelly Cromley
May 13, 2025
0

0xmd, a global startup focused on Generative Artificial Intelligence (AI) for healthcare applications, has officially launched its operations in Brazil...

fireblocks joins calastone to advance tokenized fund distribution

Fireblocks Joins Calastone to Advance Tokenized Fund Distribution

by Kelly Cromley
May 13, 2025
0

Fireblocks has announced its collaboration with Calastone, the global funds network, to enhance Web3 connectivity within Calastone’s Tokenized Distribution solution....

promptale ai and orbler unite to revolutionize web3 engagement

PrompTale AI and Orbler Unite to Revolutionize Web3 Engagement

by Kelly Cromley
May 13, 2025
0

PrompTale AI has officially disclosed its strategic partnership with Orbler through its verified account on X (formerly Twitter), outlining a...

Next Post
Amazon Taps Web3 Domain with NFT Project Plans

Amazon Taps Web3 Domain with NFT Project Plans

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

uzbekistan launches humo token backed by sovereign bonds
Market News

Uzbekistan Launches HUMO Token Backed by Sovereign Bonds

by Kelly Cromley
May 13, 2025
brave wallet integrates cardano, boosting web3 access
Market News

Brave Wallet Integrates Cardano, Boosting Web3 Access

by Kelly Cromley
May 13, 2025
microalgo unveils blockchain-powered ip protection algorithm
Market News

MicroAlgo Unveils Blockchain-Powered IP Protection Algorithm

by Kelly Cromley
May 13, 2025
0xmd expands to brazil in ai healthtech deal with senai cimatec
Market News

0xmd Expands to Brazil in AI Healthtech Deal with SENAI CIMATEC

by Kelly Cromley
May 13, 2025
fireblocks joins calastone to advance tokenized fund distribution
Market News

Fireblocks Joins Calastone to Advance Tokenized Fund Distribution

by Kelly Cromley
May 13, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree