BitClave Partners with Trust Wallet for Better Token Management
BitClave and Trust Wallet announced a mutual partnership to better serve BitClave CAT token holders. The partnership will help BitClave customers to store and transfer CAT tokens easily and securely through the Trust Wallet infrastructure.
BitClave is a decentralized search engine that uses Ethereum-based smart contracts to directly connect businesses and consumers. It eliminates expensive third-party ad networks. On the other hand, Trust Wallet provides Ethereum wallets with support for ERC20 compatible tokens.
According to BitClave’s founder and CEO Alex Bessonov, “We wanted our customers to have the best option to store their CAT tokens. We were trying to make the process simple and secure. Our objective was to allow the customers to store and transfer CAT tokens seamlessly. We were also looking for a reliable ERC20 compliant token management system that had the necessary infrastructure to support our large customer base. And we wanted the wallet to honor our customer and retailer anonymity policies. So we are extremely excited to find a partner like Trust Wallet who can provide the necessary security and convenience for our clients.”
BitClave Active Search Ecosystem (BASE) uses Consumer Activity Tokens (CATs) internally among the participating parties. CAT tokens are used as incentives for participation. When a consumer searches for a product on the BASE ecosystem, retailers can send offers to view their products. Consumers who view the offers are rewarded with CAT tokens from the retailers. At this stage, consumers can decide to buy the product. The CAT tokens ensure that the value exchanged at every stage is only between the retailer and the consumer. There is no third-party who can benefit from the information shared between the buyer and the seller. So BitClave allows consumers to benefit from their own information.
After integration, BitClave CAT tokens will be natively available on Trust Wallet. It will allow BitClave clients to easily send and receive the tokens. Trust Wallet never stores user data on the backend infrastructure. This Trust Wallet policy helps BitClave maintain its data privacy and customer anonymity while giving the customers a fast and easy-to-use option for token management.
“There is growing demand for ERC20 tokens on Ethereum network that requires reliable management system. Our solution is to provide much easier access to ERC20 tokens via mobile devices. We’re excited to be working with BitClave to give their customers tools to utilize their CAT tokens in an intuitive way,” said Viktor Radchenko, Founder of Trust Wallet.
About Trust Wallet:
Trust Wallet is an Ethereum wallet that is fast, secure and easy-to-use. It is ERC20 compatible. The code is open source and available on GitHub. The Trust Wallet application is currently available on iOS and Android. The company has partnered with Coinbase to let direct deposits of ether (ETH). Users can easily create, import and export accounts and send and receive transactions on the Ethereum blockchain. For more information, please visit https://trustwalletapp.com.
About BitClave:
BitClave uses blockchain to eliminate ad service middleman. The company’s objective is to create a direct connection between businesses and customers. BitClave is building a decentralized search engine that helps users search for items without losing control of their own personal information. Users also get compensated every time they click on search results for products and services from their favorite brands. The process makes third-party advertising networks unnecessary. For more information, please visit www.bitclave.com.
