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Waves blockchain platform launches mobile app and BTC gateway

Decentralized platform Waves has unveiled the launch of its mobile app and bitcoin gateway in a move to power secure and efficient digital asset trading.

The addition of the mobile app available for Android creates a convenient way to quickly view balances and make transfers on the go. The application provides developers with the opportunity to create their own wallets that are customized for specific tokens. On the other hand, the BTC gateway employs secure servers and a two-of- three multi-signature approaches. Along with the mobile application, the BTC gateway combines seamlessly to offer fast, low-cost, and trustless bitcoin trading for the first time.

“The secure interface between the Waves ecosystem and the bitcoin blockchain raises the prospect of trustless trading between virtual and real-world currency pairs,” Sasha Ivanov, founder, and CEO of Waves Platform stated. “Market volatility has made it clear that centralized exchanges pose a threat to the success and adoption of decentralized currencies, and we’re playing a key role in bringing confidence to the digital assets ecosystem.”

The bitcoin gateway is a new technology that permits users to deposit bitcoins to their Waves address in a secure manner. By doing so, they can be transferred or traded on the forthcoming decentralized exchange.

The blockchain platform stated that BTC gateway is the first of several gateways that it plans to implement in the future with EUR, USD, GBP and CNY gateways soon to come. When it comes to fiat currencies, the partnering financial organizations will offer insured and audited bank accounts in order to reflect token balances as well as maintaining compliance.

The Waves community has encouraged its users to download the Android application and provide feedback for the development of the team. The Waves Platform started its Initial Coin Offering (ICO) on 12th April that went on until 31st May, last year and has raised $16 million during their crowdsale.

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