TWallet, a light-weight wallet based on blockchain technology, is committed to providing the easiest to use and most convenient payment methods, the most efficient and safest digital asset management, the richest and most inspiring application scenarios, and a better life for people all over the world.
Today's cryptocurrency wallet often have a variety of drawbacks, including lack of ease of use and convenience, inadequate safety and reliability and lack of application scenarios. TWallet is a forward-looking, epoch-making digital currency wallet dedicated to providing the easiest-to-use, most convenient payment method, the most efficient and secure digital asset management, and the richest and most exciting application scenarios. TWallet has distinctive features and rich functions. Compared with the same type of digital currency wallet, TWallet has great improvement in ease of use, security, and scene richness.
1. Ease of use:
Simple and reliable account creation, guide you to back up private key, record mnemonics, and login password support numbers, letters, gestures, and fingerprints.
easy-to-recognize user names (optional, maybe some people prefer to be anonymous), certified corporate logos, authenticated merchant logos, abandoning the trouble of remembering long addresses, and more confidence in the counterparty of the transaction.
Pure light wallet mode, smooth front-end response, asynchronous transaction execution, no need to synchronize large block data, no need to wait for the congestion of the network response.
Contact-centered transaction mode, transfer and collection between friends is as simple as sending messages.
Automatically generate bar code or QR code of transaction information, support scan code collection and payment, transfer and collect money quickly and easily.
For small payment scenarios, in order to increase the timeliness of transaction confirmation and reduce transaction costs, TWallet will send transactions to out-of-chain channels such as Lightning Network and Raiden Networks for timely, low-cost, scalable, and privacy-friendly payments.
2. Safety and reliability
The private key is only stored on the client's local media and will not be uploaded to the server in any form. Even if the server is hacked, the security of the user's assets remains unaffected.
The private key is stored on the client using AES-256 encryption, and the key used in AES encryption is not exposed. Even if the private key file is obtained by a hacker, the hacker cannot restore the private key to plain text and cannot steal the user's digital currency.
A two-factor authentication is used for final confirmation of the transfer or payment transaction to verify the user's identity and ensure the user's assets are secure. The two-factor password is generated by Google Authenticator installed on the client. The TWallet server verifies the password.
TWallet mobile client code is obfuscated to prevent hackers from restoring the client code. In addition, the “allowBackup” attribute is turned off by default to prevent brute force cracking based on backup data.
TWallet server side adopts horizontal isolation and vertical defense architecture. The RSA signature bidirectional check is used during the communication between the server and the client. All traffic is transmitted over HTTPS TLS 1.2 to avoid the risk of “man in the middle attack”.
3. Application scenarios
Automatically obtain real-time prices for exchanges in digital currencies, showing the value of your digital assets.
Support enterprises to settle in, make it easy for users to purchase products and services, and hold spikes or promotions from time to time to make your digital currency more valuable.
Meet the massive merchants, whether online or offline, shopping, entertainment, dining, travel, accommodation, etc., use TWallet to meet your payment needs and enjoy global convenience.
Seamlessly link digital assets and bank cards, and support the recharging and withdrawal via bank cards.
Digital currencies can exchange each other according to real-time quote prices. It is entirely up to the user to decide whether to hold or sell.
The financial product application market supported by smart contract is completely decentralized, transparent and rigorous. It includes loan contracts, small loans, mortgage loans, credit loans, digital currency funds, etc., allowing digital currency users to enjoy the smart and convenient traditional Financial tools. Users can submit financial products DAPP on their own, and the TWallet platform will publish the DAPP in the market after review. The imagination of the financial product market is very large. In the traditional centralized model, users can turn their money to a trustworthy platform for financial gains. The income of these wealth management products is usually much higher than the current savings. Now, based on the smart contracts of the blockchain, users can use smart contracts to obtain the financial benefits of digital currency. The smart contract code is open source to all investors, and in this way a reliable decentralized organization is achieved. TWallet, as the carrier platform for the financial product market, will assume the role of a service provider to the centralization organization and facilitate the information sharing and distribution.
To promote the sound development of the TWallet ecosystem, we need a digital currency that can be applied to the above various application scenarios. Whether it is to attract merchants to connect to TWallet, or to encourage more financial industry practitioners or program developers to participate in the production of financial products, we need to provide enough incentives for participants. The generation of TWT will undoubtedly make these incentives more feasible. Not only that, TWT also has many other uses.
1) The fee for trading digital currency in TWallet will only accept TWallet token.
2) When purchasing goods or services through TWallet, choosing TWallet token for settlement will get the most discounted price
3) For companies and merchants, if you choose TWallet token as the receiving currency, you will get a premium profit higher than the market price.
4) The profit sharing of the financial product application market will use the TWallet token as the only settlement currency, and the TWallet Foundation, the financial industry practitioners and the program developers will share the profit in proportion.
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