GameHub Korea releases its own encrypted cryptocurrency ‘PlayWallet’
“PlayWallet,” a self-developed electronic wallet of cryptocurrency developed by GameHub Korea (CEO Kim Ho-Kwang), a blockchain-specialized company, launched the service on March 27 through the Google Play Store and its website.
PlayWallet is a cryptocurrency electronic wallet made with its own technology at GameHub Korea, a developer of cryptocurrency “PlayCoin (PLY),” and the industry’s top security experts offer the highest level of strong security based on their long years of know-hows.
In addition, the unique cloud backup technology helped to address the loss of cryptocurrency assets due to the loss of mnemonic devices by safely restoring the assets of the wallet even if the user lost the mnemonic.
PlayWallet supports various cryptocurrencies such as Bitcoin, Ethereum, Quantum and PlayCoin, and it functions not only as a cryptographic storage facility, but also as a hub to meet various cryptocurrency Dapp’s.
PlayPay, which is mounted as a Dapp on the PlayWallet, provides a simple payment function that makes it easy and convenient to use the encrypted money stored in the PlayWallet in real life, and online partnerships can easily and quickly link to services that want to use PlayPay.
Kim Ho-Kwang, CEO of GameHub Korea, stated, “The cryptocurrency assets, which could be viewed simply on a computer or on a mobile phone screen, can be used easily and quickly in real life like cash. This shows the possibility of overcoming the limitations of blockchain-based cryptocurrency and becoming a next-generation payment tool,”.
The corresponding PlayWallet will be first released with Android applications and can be downloaded directly from the Google Play Store and through the PlayWallet homepage.