Coinomi Integration

UnderTow
Rapids Official
Published in
2 min readMay 5, 2019

The Rapids Network has struck another deal with a reputable company that has integrated RPD into their many services. Coinomi, the largest multi-currency wallet has integrated RPD into their mainstream platform. The importance of this achievement should not be underrated as Coinomi is at the forefront of cutting-edge cryptocurrency integrations, placing RPD into a very strategic and advantageous position.

The Coinomi wallet is an easy-to-use and prevalent asset storage system, that not only secures your cryptocurrencies into a trusted blockchain interface but also has built-in associations with some significant players in the atomic-swap exchange category, allowing for the instant swapping of one cryptocurrency for another. ShapeShift and Changelly for example, are some of the top choices in this area, and Coinomi has built-in functionality for both!

While RPD has not yet been integrated into either ShapeShift or Changelly, the Rapids team has added their integration to the to-do list. Both ShapeShift and Changelly are incredibly simple to use and provide a real use-case in terms of Point of Sale. Crypto mass adoption has the Point of Sale world within its cross-hairs as retail sales transactions will ultimately accept cryptocurrency as payment for goods and services across the globe.

One last note about RPD’s integration into Coinomi; the app also has a unique sweep feature that allows you to enter a private key, which then creates a transaction that empties the source wallet and sends all funds to the destination wallet. This provides a way to sweep funds from cold storage, such as Whopper storage cards, with the click of a button. The other purpose of this sweep feature is for the restoration of your wallet should something unexpected occur, giving you peace of mind that your digital assets can be recovered if things don’t go as planned.

Rapids has undertaken the goal of being a social media cryptocurrency project that anyone can use at any time. The Rapids Network aims to leverage all partnerships and integrations into a viable monetary system that offers more than its predecessors, and the new Coinomi integration has added another piece to that goal.

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UnderTow
Rapids Official

Cryptocurrency advocate, content creator, believer in restoring financial freedom through decentralization and blockchain technology.