Trust Wallet to Launch Trust Wallet WaaS

Trust Wallet has announced the launch of its Wallet as a Service (WaaS). This new service aims to unlock the potential of Web3 for businesses and their users globally. The WaaS is designed to power decentralized services for every business, further expanding the capabilities of the Trust Wallet platform.

Refer to the official tweet by TWT:

TWT Info

Trust Wallet is a multichain mobile application designed to provide users with seamless access to various blockchains and their associated transactions and Decentralized Applications (DApps). Unlike its browser-based counterparts, Trust Wallet facilitates instant accessibility to multiple blockchains upon installation, eliminating the need for manual blockchain-specific configurations.

Upon installation, users are granted full control over their seed phrase, underlining the non-custodial nature of Trust Wallet. This design prioritizes user security and asset ownership. Within the wallet, users can store and visualize NFTs from both Ethereum and BNB Smart Chain. In addition to its storage capacities, Trust Wallet also incorporates an integrated DApp browser, enhancing its functionality. Further diversifying its features, Trust Wallet allows for in-app staking, asset swapping across-chains facilitated by platforms like Binance DEX and 1inch, and direct cryptocurrency purchases using various fiat on-ramps.

Functioning as a governance token within the ecosystem, the Trust Wallet Token (TWT) empowers its holders with decision-making capabilities regarding the app’s developmental trajectory. Through TWT, users can both propose and vote on pivotal updates, new features, and essential changes, reinforcing a community-driven approach to Trust Wallet’s evolution.