Telos Foundation and Aikon ORE ID Announce the Launch of Telos Cloud Wallet
A Pioneering Cloud-Based Wallet Solution for Developers and Users Alike
The Telos Foundation, through its integration with AIKON’s ORE ID built on the ORE Network, introduces the Telos Cloud Wallet, a transformative cloud wallet solution for developers operating on the Telos Blockchain. The integration of ORE ID serves to simplify the user experience, replacing the common Web3 ‘Connect Wallet’ button with a more familiar Web 2.0 login that promptly establishes a non-custodial wallet for the user. This major step forward reduces the complexity of the wallet creation process, thereby making the Telos ecosystem more approachable and accessible, while further establishing ORE ID as a leading provider of secure, user-friendly blockchain wallet solutions.
The Telos Advantage
Telos has consistently pushed the boundaries of blockchain technology, establishing itself as the fastest EVM (Ethereum Virtual Machine), while maintaining an impeccable five years of uninterrupted service and over 300 million blocks produced. With a robust throughput of 15,200+ transactions per second and near-feeless operations, Telos is uniquely positioned to bring mass adoption to decentralized applications. The Telos Cloud Wallet takes this mission a step further by simplifying the wallet creation process thereby making it incredibly easy for users to engage with blockchain applications.
Why the Telos Cloud Wallet Matters
In the rapidly evolving Web3 landscape, Telos Cloud Wallet is inarguably a necessity. Its OAuth-enabled single-click login experience eliminates complexities commonly associated with blockchain interactions, thus dramatically reducing entry barriers. The Telos Cloud Wallet enables seamless user onboarding, boasting a nearly 90% conversion rate for wallet creation, in sharp contrast to the single-digit conversion rates of traditional blockchain wallets.
W. Scott Stornetta, CEO of AIKON, underscores the importance of an accessible login process for mainstream adoption of Web3 applications: “ORE ID’s easy sign-in solution is a powerful application built on the ORE Network. With ORE ID, everyday internet users can create their own blockchain wallet in the cloud with a Web 2.0 login they are familiar with, such as their Google ID, email address, or social login.”
The Developer’s Edge
Low Barrier to Entry: The Telos Cloud Wallet is OAuth-enabled, allowing easy user onboarding with currently supported Google and email logins, and future support for Facebook and Twitch.
Justin Giudici, CEO of the Telos Foundation, asserts that “the Telos Cloud Wallet serves as an invaluable tool for Telos developers, allowing them to focus on building applications rather than worrying about wallet development. The integration of ORE ID could attract more developers to Telos and facilitate the development of high-quality applications.”
Multi-Chain Compatibility: The Telos Cloud Wallet supports both EVM and Native chains.
Enhanced Security: Wallets are PIN-protected, ensuring that user data remains uncompromised.
Future-Ready: Upcoming support for features like WharfKit, WalletConnect 2.0, and the ability for users to directly manage their private keys position the Telos Cloud Wallet as the go-to solution for developers aiming to stay ahead of the curve.
Getting Started
Developers can start integrating the Telos Cloud Wallet by referring to the comprehensive guides and documentation available at OreID Quickstart Guide for Telos Cloud Wallet.
Telos Cloud Wallet Specifics: https://docs.oreid.io/ore-id/blockchains/telos-cloud-wallet
Why Integrate Telos Cloud Wallet: https://docs.telos.net/evm/cloud-wallet/
Try the Telos Cloud Wallet here: https://wallet.telos.net/
Demo how the Cloud Wallet functions when integrated through our partner Altura, here: https://app.alturanft.com/
Upcoming Educational Resources
The ORE ID development team will be hosting a series of workshops to help Telos developers integrate the cloud wallet solution into their applications. The workshops will simplify onboarding for new users and are expected to expand Telos developers’ reach by reducing entry barriers for new users.
Secure your place in the Developers ORE ID integration workshops now and stay tuned for additional details:
Integration Workshop: https://lu.ma/telos-cloud-integration-workshop
UX Workshop: https://lu.ma/UX-Workshop-Telos-Developers
For immediate support:
For more information on Telos Cloud Wallet, visit:
Please Note: Cloud Wallet integration on Telos Zero is still ongoing and will be fully complete soon.
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About Aikon
Blockchain and crypto are technologically complex. AIKON makes it simple. We’ve built a suite of intuitive products built on the ORE Network (ORE) for enterprise companies looking to provide a seamless user experience that works cross-chain with Algorand, Avalanche, Ethereum, Polygon, EOS, Wax, Telos and more. For more information, visit http://www.aikon.com.
About The Telos Foundation
As a decentralized, independent and not-for-profit organization, the Telos Foundation spearheads the advancement and governance of the Telos blockchain. Launched in 2018, Telos has an impeccable five-year record of uninterrupted service. With the introduction of the tEVM in 2021 — the fastest Ethereum Virtual Machine — Telos has demonstrated its commitment to cutting-edge technology. Now shifting its focus to becoming a Layer 0 network, Telos places paramount importance on scalability, security, and decentralization. The network’s impressive performance allows for 15,200+ transactions per second, all while maintaining near-feeless operations. Today, the Telos ecosystem boasts more than 100 partners, 250 dApps, 1.2 million accounts, and a rapidly growing community. Telos continues to propel the industry’s transition to Web 3.0 and pave the way for global adoption of decentralized solutions.
