Fantom’s enterprise-grade smart contract platform will unlock a wide range of new use cases for Life Wallet’s rapidly growing user base
Victoria, Seychelles, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Life Wallet, the world’s first multi-blockchain non-custodial digital wallet service, has integrated the Fantom blockchain to bring unparalleled speed, enterprise-grade security, reliability, and an expansive suite of dApps and digital assets to Life Wallet’s rapidly expanding platform. The development was overseen by GDA International, which provides digital asset companies with access to growth capital and financial advisory services that help stakeholders navigate the digital asset landscape.
As a fast, high-throughput open-source smart contract platform designed specifically for digital assets and decentralized applications, Fantom is recognized as a game-changing pioneer in the crypto space. Using a consensus algorithm called aBFT or Lachesis consensus, Fantom allows developers to build peer-to-peer applications without having to create their own networking layer. This allows Fantom to power near-instant transfers that are secure and scalable. The platform is also Ethereum-compatible.
With over 200 dApps already deployed on Fantom – from DEXes and cross-chain bridges to yield optimizers, NFT platforms, GameFi applications, wallets, and more – Fantom’s new integration with Life Wallet represents a huge step forward for Life Wallet and the broader blockchain ecosystem as a whole.
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