While the VeWorld Web Wallet is already available for download via Chrome extension, the mobile and desktop versions will go live in Q3 of 2023.
VeChain launches its web wallet and is now available for download through Chrome extension. Subsequent versions will be upgraded iteratively on a biweekly basis by a dedicated team of Foundation developers.
The new wallet will bring a wide variety of improvements to the overall user experience of the VeChain ecosystem, and a comprehensive roadmap is now in development.
About the VeChain Foundation
VeChain Foundation is a non-profit organization established in 2017 and headquartered in San Marino, Europe. The foundation is the governing body of the VeChain blockchain platform, which aims to provide enterprise-level blockchain solutions for various industries such as supply chain management, logistics, and healthcare.
The VeChain blockchain utilizes a dual-token system, where the VeChain Token (VET) is used for transactions and as a store of value, and the VeChainThor Energy (VTHO) is used to pay for the gas fees associated with running smart contracts and executing transactions on the blockchain.
The VeChain Foundation is led by a team of experienced executives and advisors, including Sunny Lu, the CEO and co-founder of VeChain, and various industry leaders and experts in the fields of blockchain, business, and finance. The foundation also has partnerships with several major companies, such as DNV GL, PwC, and BMW, which are using the VeChain blockchain to improve their supply chain processes and enhance transparency and traceability in their operations.
How to download and use the VeWorld Web Wallet
The VeWorld Web Wallet allows users to easily create a new wallet or import an existing wallet by entering their private keys. Once logged in, users can view their VET and VTHO balances, send and receive transactions, and view their transaction history. VeWorld also provides a built-in tool for users to convert VTHO to VET and vice versa, which can be useful for managing gas fees and token balances.
You may watch a detailed video guide created by YouTuber VetMaik below.
Final Thoughts
VeChain’s DeFi wallet is a significant step forward in promoting the adoption and use of the VeChain blockchain ecosystem. With the development of VeWorld Web Wallet, users can easily manage their VET and VTHO tokens through a web browser, without having to download any software or install any apps.
Rickie Sanchez is an article writer specializing in cryptocurrency news. Since late 2017, he has been actively investing in cryptocurrencies. He is enthusiastic about everything that has to do with crypto and he hopes that the readers of his articles in the years to come will gain a massive understanding of blockchain technology.
