A Secure And Transparent Transaction
The cost of sending funds around the world is a major problem facing most people, especially migrants who send money home to friends and family. This transactions, apart from being very expensive, are also very slow and generally difficult.
Sovereignwallet, which prides itself as one of the most secure platforms in the world, has affirmed its interest in fighting this anomaly. The firm is thus committed to making the transfer of funds very easy, compared to other means, effective and also super fast.
With over 20 years of experience with an experienced team that has cut their teeth at different spheres of life, which cuts across both the public and private sector, SovereignWallet is not a rookie but a major player in the financial sector.
The firm has affirmed its readiness to employ relevant technology to aid it in the discharge of its duties. With relevant improvement to smart contracts, pitfalls and common errors like slow transactions process, programming errors and other conditions like volatilities are thus eliminated.
Security and privacy are also one of the main features of the platform. The SovereignWallet app helps to secure all private conversations and group chats, as all the conversations remain private and will not be exposed to any third party, no matter the circumstances.
Centralized Exchanges Are “A Time Bomb”
Though the centralized exchanges are in charge of most cryptocurrency volumes globally, a situation the firm considered as unfortunate, as they are not secure and very prone to attacks. The company stressed that the centralized exchanges “have already been blighted by major attacks because of their dangerously flawed security.”
The firm also calls for the stability of the crypto market as it expresses worry over the volatility of the market as it “see you rich one week and unable to pay your rent the next.”
Security of funds is one of the major problems facing the crypto world; hackers have over time hacked several wallets, stealing millions of dollars worth of cryptocurrencies and creating a trust problem between the investors and the exchange/developer’s firms.
Several seminars, workshops, and meetings have been held by crypto exchanges and security firms, on the best way to tackle the menace. The SovereignWallet app seems to offer an answer to the questions with its revolutionary features.