The Verticate Digital Wallet is a comprehensive, multi-chain, privacy-focused, non-custodial digital asset wallet. It's available as a mobile application or as a browser extension and is designed to cater to both novice and seasoned users. The wallet provides users with decentralized tools to control their identity, manage their digital assets, and more. Users can use their Verticate Digital Wallet anonymously but also have the flexibility to share their confirmed authentication as they deem fit.
To enhance user experience, the 'Advanced' interface offers expected features of a digital currency wallet, along with additional security features. Its seamless integration capabilities make it easy to onboard others onto the platform and existing services.
Integrated Features of the Verticate Wallet
Authentication/Identity Association to Wallet & Discretion to Disclose - This option allows users to link their Verticate Digital Identity with their wallet and choose when to disclose their personal information. It comes in handy for quickly completing a CAPTCHA or securely logging into various accounts.
One Identity to One Verticate Wallet - This security measure prevents duplications, similar to existing passports.
Easy Installation & Intuitive UI - The wallet leverages familiar installation methods through app stores and browser extensions. Upon installation, the 'Basic' version of the Verticate Wallet is activated by default, delivering essential features in a user-friendly interface.
Multi-Chain Function - This feature facilitates interaction with multiple blockchains, decentralized apps, and web3-ready companies and projects. It also supports digital contract confirmation with expected and advanced features.
Minting Option - Users can mint Verticate Digital Identifications from within the wallet.
Integrated Exchange Feature - Initially covering leading tokens and fiat conversions into VERT.
In-Built Digital Asset Portfolio
Multi-chain NFT Portfolio & Tracking
Know-Your-Transaction (KYT) (Premium Feature)
Accounting (Future Premium Feature)
Security Features
Your Keys, Your Identity - Users have complete control over their wallet and identity, which can be shared at their discretion.
Two-Factor Authentication (2FA) - Secure connection options via e-mail, phone, authenticator, or biometric scanning.
Industry Standard Pass-Phrase - Users can secure their wallet with a regular password, while the industry-standard 16 or 24-word pass-phrase is also available and encouraged. The pass-phrase is known only to the user, who is the custodian and protector of their wallet.
Recovery - Password recovery options include e-mail, phone OTP, or authenticator.
Biometric Authentication - The creation of a Verticate Digital Identification leverages state-of-the-art face and fingerprint recognition authentication and compliance checks.
Verticate Cold Wallet (Physical Wallet)
The Verticate Cold Wallet offers an extra security layer compared to hot wallets. While hot wallets provide easy setup and access, they are vulnerable to potential hacks, possible regulation, and other technical weaknesses. Cold wallets significantly reduce these risks by staying offline.
The Verticate Hard Wallet, suitable for both online and real-world interactions is slated for launch within 2023/24.
