DowCoin Wallet: Easy Payment in Over 10,000 Stores

After its successful ICO from November 10 to December 10 and the recent opening of a new Dubai office, cryptocurrency company DowCoin is now announcing the launch of its new wallet. The DowCoin Wallet went live on the Ethereum Mainnet on January 2.

DowCoin executive Saket Kulkarni about the new wallet: “DowCoin is now an accepted payment token in more than 10,000 online stores worldwide – from Amazon.in, Uber and Marks & Spencer to KFC, Pizza Hut and TGI Friday’s. First surveys show a high rate of user satisfaction, both with the selection of shops and the usability of the wallet.” As developer Satyam Agarwal adds: “However, we are always striving to improve user experience further. We will launch an even better user interface in just a couple of weeks.”

The DowCoin Wallet can hold DowCoin (DOW) and Ether (ETH) and enables transfer of these currencies. Users can check the transaction hash on Etherscan to confirm the completion of the transaction. It also permits import and export of private keys, allowing for easy transfer of funds from and to other wallets belonging to the same user, and viewing of the transaction history of these addresses. In order to provide maximum safety for users’ funds, DowCoin Wallet offers two-factor authentication. As a bonus feature, users can check live rates of Bitcoin, Ether and DowCoin within the wallet.

DowCoin is a project of Dow Blockchain Technology FZC, Dubai. For more information about DowCoin and DowCoin Wallet, please visit www.dowcoin.io.

DOWCOIN IS A TOKEN THAT REPRESENTS OWNERSHIP OF UNDERLYING ASSETS THAT MAKE UP THE MARKET INDEX. THE VALUE OF THIS TOKEN IS DERIVED FROM THE EXISTING CRYPTOCURRENCY ASSETS AND IS EXPECTED TO VARY ACCORDING TO THE VALUES OF THE MARKET ASSETS. THE INDEX NUMBER AND THE INDEX COIN VALUE INDICATE THE STATUS OF THE MARKET BASED ON THE PERFORMANCE OF THE TOP 30 COINS AT ANY GIVEN TIME. THEREFORE, THE COINS IN THIS INDEX WILL VARY OVER TIME, AND CAN BE REPLACED SEVERALLY OVER EACH PERIOD. DOWCOIN WILL ONLY FEATURE COINS IN THIS INDEX THAT HAVE BEEN IN THE MARKET AND EXCHANGES FOR THE LAST SIX MONTHS, AND ALSO HAVE BEEN AMONG THE TOP 100 COINS IN THE MARKET CAP FOR AT LEAST 90 CONSECUTIVE DAYS. IN ADDITION, THESE COINS SHOULD HAVE AN ACTIVE AND VIABLE PUBLIC PROJECT SCOPE. THROUGH THIS, DOWCOIN WILL BE IN A POSITION TO INFLUENCE THE DECISIONS OF INVESTORS, TO FEATURE COINS THAT ARE LESS VOLATILE AND TO ENSURE THAT INVESTORS ARE DIVERSIFIED FOR LONG-TERM MARKET SUSTAINABILITY.

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This release was published on openPR.