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A billion users plan? Sharding project Elrond has announced the launch of a digital wallet, Maiar, and a global payment App

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The Maiar wallet reconstructs people's imagination of the transfer of property such as money and goods.

Elrond announces digital wallet, Maiar, and global payment App with plans to attract 1 billion new users

Original link: Elrond

In less than three years, European blockchain startup Elrond has been valued at more than $800 million. In the future, the Elrond team plans to attract 1 billion new users with a digital wallet called Maiar, a blockchain payment App that will be more secure and private, and at a lower cost, as an alternative to mass payment apps such as PayPal, Google Pay or Revolut.

Maiar Wallet is a global mobile payment App that takes full advantage of Elrond's Internet-scale capabilities with over 100,000 transactions per second. Maiar Wallet reimaginesthe transfer of possessions such as money and goods.

"Money is one of humanity's best attempts to help us turn irreplaceable time into something fungible, and we built the MAIAR wallet to help you store your money." Beniamin Mincu, CEO of Elrond.

The vast majority of Internet users yearn for a wallet App that is intuitive, easy to operate and has similar or better performance with the current popular payment apps, but these people are currently unfamiliar with blockchain technology. That's why the MAIAR wallet, which can be used on a smartphone, will spark a new wave of rapid adoption of a global financial system with high bandwidth and low latency. "The secure, private and low-cost nature of the Internet has enabled billions of people to send messages directly to other users." Beniamin Mincu, CEO of Elrond, said, "The digital wallet Maiar and the public chain Elrond can provide them with the same remittance experience."

The MAIAR wallet pays close attention to the user experience. The design of the APP interface is elegant, elegant, intuitive and simple. Therefore, it can help all mobile phone users get a wallet in just a few seconds. Users can send money to friends and family through their address book, or sign up for HeroTags as the user name of their wallet to send money around the world in an instant with a single click.

The MAIAR wallet will provide a new and secure user experience for the Internet marketplace through system optimizations such as enhanced security and gamification. More than 200,000 users have signed up for Maiar Wallet, which can be downloaded from Apple's App Store or Google Play Store.

About Elrond

Elrond is committed to building an internet-scale blockchain that increases throughput and execution speed by a factor of 1000 through the use of sharding mechanisms and POS consensus. The team achieved on-chain scalability through a fast, efficient, and secure consensus mechanism. As a result, Elrond can process more than 15,000 transactions (TPS) per second, with a 6-second delay and negligible cost, and is intended to be the backbone of a permissive, borderless, globally accessible Internet economy.