D’CENT Wallet has achieved 100,000 monthly average users.

[April 9th, 2021] (English translation of the news from ZDNet Korea)

IoTrust Co., Ltd., the creator of D’CENT Wallets, has achieved MAU (Monthly Active Users) exceeding 100,000 users. This milestone was accomplished in six months after the launch of the App wallet, a wallet interface dedicated and optimized for “DeFi (Decentralized Financial Services)” which was released in September last year.

• Monthly Active User (MAU) is a key performance indicator (KPI) to count the number of actual users who use certain services in each month.

Iotrust Co., Ltd. entered blockchain industry as a security provider with D’CENT hardware wallet in 2018, and since then, the company has introduced various useful features including a dedicated App Wallet for DeFi. The App Wallet is optimized for securely connecting users to the blockchain DeFi services through the native Dapp browser in the wallet. The most popular DeFi services include KLAY Swap, Klay Station in Korea, as well as Uniswap, Compound, and 1-inch for overseas markets. The native Dapp browser is available to all users using App Wallet and the Biometric Wallet.

Additionally in March, App Wallet was added with a Collectible tab to store and trade NFTs (Non-Fungible Tokens) through NFT marketplaces such as OpenSea and Rarible.

An official of D’CENT Wallet said, “D’CENT Wallet introduced blockchain DeFi service to users who hold virtual assets. We tried making it easy, fast, and safe to use, which was the decisive factor in the explosive growth of over 1,400% in the number of users in the last three months. In the future, when real estate, art, game items, etc. are digitalized and tokenized, we hope to receive more attention through the Collectible tab in the wallet. We are aggressively creating cooperation with overseas blockchain services, we will discover better services and expand our market share.”

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