The HERE Wallet and HAPI brands have initiated the establishment of HOT Labs, the collaborative venture to redefine crypto wallet capabilities and blockchain solutions. HOT Labs will apply new chain signature technology to open the door to a more useful world of blockchain solutions.
HERE and HAPI worked closely to develop HOT Wallet, an integrated crypto wallet within the Telegram platform. This partnership has been successful with HOT Wallet now serving over 30 million wallets. This entails a correlation between HERE’s wallet and HAPI’s decentralized orientation.
Chain Signature: Pioneering Cross-Chain Wallet Integration
HOT Labs announces Chain Signature technology, a toolset that will revolutionize the use of crypto wallets. This enables convenient interoperability between different blockchains and offers convenience to users due to its integration with another chain. Chain Signature also opens up future possibilities for enhancements of blockchain payments, with preparation made for a single currency system for gas fees.
HOT Labs is formed by two partners Petr Volnov an ex-employee of Nokia local creator of HERE Wallet and Yuriy Olentyr who leads the development departments. Volnov has had years of experience in blockchain innovation, establishing HERE Wallet, which is the most popular wallet from the NEAR Protocol. Volnov and Olentyr collectively hope that HOT Labs will continue to build and improve the infrastructure for the adoption of cryptocurrency internationally.
HERE Wallet Setting New Standards in Crypto Wallets User Experience
HERE Wallet and HAPI’s visions focus on three key factors; convenience, security, and functionality in using cryptocurrencies. They are ready for the next step in the cryptocurrency business. By developing advanced wallet systems and improving the infrastructure, HOT Labs aims to redefine the blockchain space to be user-friendly for everyone.
By creating a new generation wallet and blockchain platform that is as intuitive as it is secure, HOT Labs is tasked with evolving the technology’s standards. The attempt aims to guide the industry toward a decentralized and open financial world in the future and thereby set a good example in the broader crypto market.
