Home » Business » CoinGeek New York: HandCash, Centbee and Elas Digital CEOs talk making better Bitcoin wallets

Bitcoin wallets are among the most critical aspects of the digital currency’s journey towards mainstream adoption. At CoinGeek New York, three of the people building the best wallets for both retail and enterprise users took to the stage in a panel discussion on what makes a great Bitcoin wallet and how their firms are working towards this.

Lorien Gamaroff, the CEO and co-founder of Centbee; Alex Agut, the CEO of HandCash; and Brendan Lee, the founder and CEO of Elas Digital joined CoinGeek’s Patrick Thompson at Day 2 of CoinGeek New York, talking about the evolution of Bitcoin wallets, the role they play in adoption and what features their wallets are incorporating to enhance user experience.

Different Bitcoin users have different needs and expectation from their wallets, Agut observed. However, there are some common features, one of which is the need to bridge it with the real world, especially regarding depositing and withdrawal. “Consumers also expect instant payments without too much friction.”

For Gamaroff, one key component is creating a wallet that offers an experience that users are familiar with. The world of digital currencies is daunting enough as it is, and users don’t need any more complexities with their wallets.

For enterprise users, the needs are a bit more different, Brendan noted. His company is the only one of the three that’s focusing on enterprise clients with its Signavera federated productivity suite. This group of clients needs a solution that offers multi-signature compatibility and enhanced security.

The journey of a Bitcoin wallet and its influence on Bitcoin adoption

Bitcoin wallets have evolved drastically over the years. At first, they were only good for receiving, sending, and holding digital currencies. And while they still do that today, they of
Read More

Author: Steve Kaaru