JAVVY: THE ALL IN ONE CRYPTO EXPERIENCE

karldark (40)in #cryptocurrency • 5 years ago

INTRODUCTION AND PROBLEM STATEMENT
As the cryptocurrency market continues to grow, more cryptocurrencies are created with many being issued on an existing blockchain architecture or creating their own. Each new cryptocurrency requires a wallet for its safekeeping and storage and an exchange on which it can be exchanged for other digital assets or even fiat. However, as these cryptocurrencies increase in number, the corresponding increase in the number of wallets and exchanges required to securely store and exchange these ‘digital assets’ has become a major cause for concern. A major reason for this being the fact that users are required to sign up on multiple exchanges and download numerous wallets. Another important pain-point is the fact that the user interface and general user experience is quite unsac=tisfactory, not to mention the case of security of digital assets which has become a major cause for concern within the entire blockchain space.

It has become necessary for the development of a secure, user-friendly cryptocurrency wallet for the storage of digital assets which makes it very easy to exchange cryptocurrencies securely and cost-effectively without the need for signing up on multiple platforms. JAVVY has been developed to facilitate these and much more.

THE JAVVY SOLUTION

Javvy is a functional cryptocurrency wallet which has been developed for the buying, selling, management, and trading of cryptocurrencies. Javvy is feature-rich and sports and is very easy to use. Javvy also features a decentralized exchange which makes it easy for digital asset exchange. Javvy provides an all-in-one solution to the challenges of finding and purchasing cryptocurrencies and securely storing and managing them. Javvy boasts of numerous features, some of which include:

ALL IN ONE SOLUTION: Javvy features an all-in-one solution; firm cryptocurrency purchase to exchanging and storage, all can easily b done using the Javvy wallet. Users can easily view and manage their entire portfolio form the convenience of the wallet.

MULTIPLE PLATFORM AVAILABILITY: The Javvy wallet has been developed with a user-centered focus. Regardless of your preference of operating system and device, there is a Javvy wallet for you. The Javvy wallet is available to Android, iOs, Linux, Mac and Windows users.

DEBIT CARD AVAILABILITY: In order to facilitate the widespread adoption of cryptocurrency as a payment means, the debit card which makes it easy for users to make payment for goods and services using a cryptocurrency is a necessity. Javvy, also provides this service, making it easy for wallet users to make purchases directly from their wallets.

FULLY DECENTRALIZED: Thus feature ensures that whenever a user is offline, access to his wallet is also offline. This is a very advantageous feature because unlike most centralized exchanges where users funds can be accessed even when they are offline which in the case of security breaches has led to the loss of millions of dollars in cryptocurrencies, users digital assets are protected. Javvy also ensures that the user has complete and total control over his digital assets and private keys.

COLD STORAGE AND OPTION OF MULTI-SIGNATURE WALLETS Users also have the option of storing their digital assets in cold wallets which can easily be imported or added to Javvy wallet. Multiple signatures of wallets is also possible where the wallet is only accessible after a specified minimum number of signatories fulfill the required conditions, making it easy for institutions with multiple signatories easy use the Javvy wallet and access funds without issues.

MULTIPLE LOGIN OPTIONS: Security is a major strong point of Javvy and it provides multiple sign-in options like password, two-factor authentication, multiple signatures, and even biometric verification in order to make users easily access their wallets without trading off security.

Users can also receive cryptocurrency payments and rewards for mining directly in the Javvy wallets, providing passive reward opportunities. Javvy also supports initial coin offering (ICO) and security token offering (STO) by providing KYC and AML and whitelisting for participants of STO and ICO.

THE ADVANTAGES OF JAVVY

SUPPORT FOR NUMEROUS CRYPTOCURRENCIES: The Javvy wallet currently has support for Bitcoin, Javvy token and Ether but upon the completion of funding and development will support up to 500 different cryptocurrencies.

EASY FIAT PAYMENTS: Users can easily make cryptocurrency purchases using fiat currencies and also exchange their cryptocurrencies for fiat currencies.

CONVENIENT BUYING AND SELLING OF CRYPTOCURRENCIES: Users can easily buy, exchange, and sell cryptocurrencies, using one single platform all from the convenience of their wallets. Users no longer have to make transfers from one exchange to another just to exchange digital assets.

THE NATIVE CRYPTOCURRENCY

Javvy is compliant with SEC and it has its native cryptocurrency the Javvy token (JVY) which is a utility token. The Javvy token will be used in paying fees on the Javvy decentralized exchange and will attract a 50% fees discount. It can also be staked by holders for a fixed percentage of reward in Javvy tokens. The total supply of Javvy token has been capped at 333 333 333 JVY.

JVY is being offered to the public through a crowdsale exercise and 100 000 000 JVY will be made available for the exercise.

CONCLUSION

Developed by a team with experience within the blockchain space with a track record for success, it is only a matter of time before the Javvy wallet becomes the goto solution for cryptocurrency storage and exchanging.