- UK launch is first phase of European expansion
- Mobile wallet to consign barriers to entry to the past and accelerates mass adoption of decentralized services
- State of the art staking vaults make truly non-custodial earning a reality
11th October 2021: ‘Crypto Made Easy’ pioneer Divi, has taken a major step towards its goal to create a fully decentralized, private payment solution that drives crypto’s mass adoption, with the UK launch of its user-friendly mobile wallet. The UK is the first in a multi-region rollout that will see it expand the reach of its services across Europe.
Developed by Divi Labs, Divi’s fintech innovation centre, the ‘Smart Wallet’ includes a suite of innovative features that solve the issues of usability and accessibility that have frustrated mainstream use, while delivering on the company’s promise of individual custodianship and financial sovereignty. They include:
- Readable addresses that take the risk out of sending/receiving cryptocurrency
- The company’s proprietary 1-click masternode technology, which enables users to deploy a node and earn DIVI at the press of a button
- Staking vaults that ensure anyone who owns DIVI can earn no matter how much they hold or the technology/bandwidth at their disposal
Launching with four cryptocurrencies – Bitcoin, Ethereum, Litecoin, and DIVI, Divi intends to quickly expand the digital and local currencies available as well as adding on-ramps, to enable users to easily convert their crypto into fiat currency and vice-versa.
Nick Saponaro, co-founder and CIO, Divi said: “There are already 2 million crypto holders in the UK and we’re excited to help onboard many more. Most non-custodial wallets require a long and confusing onboarding process that’s unfamiliar to the majority of people. By pushing complexity to the background and creating a familiar and intuitive user experience, we’ve ensured that anyone can use our wallet, without compromising on security or ownership of their keys and coins.”
In addition to eliminating barriers to entry, Divi’s proprietary1-Click Masternodes and Staking Vaults deliver ground-breaking advancements in cryptocurrency earnings technology. Its mobile MOCCI (mMOCCI) enables users to set up a masternode from their mobile phone with little to no technical expertise and earn additional income from their DIVI coins.
Unlike other forms of staking, Divi’s staking vaults do not require an always-on internet connection to run after set-up, no technical expertise is needed to install them, and by removing the need for a third-party custodian or pool manager, they put the user in full control of how their coins are staked.
The Divi Project was established in 2017 to accelerate crypto’s mainstream adoption. Through Divi Labs, the company’s fintech innovation center, the company is developing world-class decentralized solutions that make cryptocurrency faster, more secure, and accessible to people at all levels of technical expertise.
Divi’s wallet is available today in Apple’s app store and Google’s Play store.