The purpose of a Augur wallet is to store information that is sensitive in nature. The name itself should be self-explanatory as the wallet acts as a medium for money exchange or storage of financial assets. These wallets are usually created using various protocols and solutions but the Ubiq wallet is one of the most popular and has now become the preferred method of storage for many currency speculators, investors and financial institutions.
Mobile banking, digital signing, and online messaging are just some of the benefits of a crypto wallet that many people have come to expect in a day to day transaction. A crypto wallet not only protects users’ money but also provides flexibility to traders. A cryptographic and private code is created which is only known to a few trusted party’s and thus creates an optimal environment for trust.
The Ubiq wallet was created by the Swiss company UBITS AG. This is an innovative crypto wallet technology that allows its users to store and trade digital currency on their mobile phones. The companies first goal is to make transactions easier and faster and thereby widen the consumer base for Ubiq.
Another objective of the Ubiq is to provide users a convenient and secure way to store money. Many users feel that using a debit card will be the most efficient way to do this. However, debit cards tend to be much more expensive than other options, thus making it undesirable for everyday users.
UBITS wallet for iphone and ipad allows users to easily manage funds by accessing their global bank account. They can purchase goods and services using their debit card or pay for purchases with their UBITS wallets. A user can pay bills and rent a car from their debit card.
Transactions can be sent and received using a client application which is activated on the smartphone. Users can receive incoming calls from the UBITS Crypto Wallet app. With their UBITS ID and PIN, users can transact directly through their phones, no more digging around for pieces of paper with passwords.
A UBITS Crypto Wallet offers users full control over their money. They are secure and are backed by the Swiss government, thus providing security and reliability to their users.