Have you found the perfect crypto wallet?

Mobilum
Mobilum Pay Wallet
Published in
4 min readJul 9, 2018

Finding the “perfect” digital wallet to store and use your crypto assets is no easy task. Users struggle with several issues - especially when it comes to the universality of the wallet, the safety of the transaction, and cost of transaction fees.

There are many wallets available that are designed to help users manage and spend their crypto-assets. None of them are perfect, and their creators often face negative comments from users. Many of these issues originate from the universality of the wallet.

What is the purpose of setting up a wallet that does not do everything you need?

As a majority of these wallets are designed to manage only a few features at a time — the creator may have simply disregarded other necessary components that are crucial for optimal performance.

Another principal concern is security — any online-wallet creator is likely to tell you that their wallet is secure and flawless. In reality, users face problems that stem from malfunctions on the software level. Now lets be honest — what user will be pleased to find an ERROR appear on their smartphone screen after transferring their assets? Especially as online wallets are highly vulnerable to hackers…

Anonymity is another main concern when it comes to the safety of online wallets. As many wallets are storing user data, they struggle to keep that user’s identity completely anonymous.

Costly transaction fees — when it comes to spending and receiving money, crypto users often worry about the transaction time and the very high transaction fees associated. Users are not too keen on the idea of accumulating large, additional fees while making a transfer.

Development of new technologies and ideas throughout whole crypto-world brings us to the question: Is there a perfect crypto wallet? A wallet that addresses all of the above problems, plus offers additional solutions for the user?

Meet Mobilum Wallet

A product created by Mobilum — global payment processing platform which enables real-time cryptocurrency payments at points of sale using customer’s existing debit or credit card.

Mobilum platform consists of the Mobilum Smart Contract powered by MBM token and the Mobilum Wallet, the mobile application. The Mobilum Wallet provides a solution to the aforementioned issues that are problematic for crypto-users.

The Mobilum Wallet provides a way for community and crypto-users to store not only their cryptocurrency assets, but also store crypto tokens based on ERC20 standard. Mobilum Wallet is wholesomely secure — the platform does not store or use any user data, and is completely decentralized.

Mobilum bridges the gap between crypto and fiat currencies and enables users to pay anywhere, with any currency, in real-time by creating a link between your crypto-assets and the IBAN account of your card.

Mobilum ensures usability of the card of your choosing. The entire functionality is available via a custom made Smart Contract powered by MBM token and Mobilum Wallet. The Mobilum Wallet app enables users to execute a crypto-fiat exchange via the platform, as well as, crypto-crypto exchange among users of Mobilum Wallet. This means that a user can send another user the cryptocurrency of their choosing, and the receiver can accept that transfer in the currency that suits them best.

Does Mobilum Wallet offer more?

Mobilum Wallet has several features which make the app stand out apart from other mobile wallet apps that are currently available on the market. Features that will make investing easy, convenient and profitable for traders looking to hold substantial wealth in their wallets.

  1. Users will be able to invest in other cryptocurrencies using Mobilum Wallet in real-time, providing users with best execution rates. This feature creates additional space for trading and increasing user income that he or she will be able to spend in real-time, using any currency and any payment card connected to Mobilum Wallet.
  2. Mobilum Wallet creates a safe and convenient space for business owners to make their products and services available for instant purchase. Business oriented users of the platform will have the ability to add and register their products on the app. Mobilum Wallet includes an option to create an ID in the form of QR code for user’s goods and services.
  3. Mobilum Wallet provides a unique opportunity to acquire loans from the platform. Mobilum will provide its clients with this opportunity using their cryptos as collateral for this transaction.

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Mobilum
Mobilum Pay Wallet

Building all-in-one infrastructure to meet global payment needs. Trusted by Ledger and Crypto.com among many others.