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Healthy competition and community insights assist Klever products evolve

Healthy competition and community insights assist Klever products evolve

From just a wallet to complete blockchain ecosystem in just five years, Klever!

by Jagdish Kumar
September 1, 2022
in Global
Reading Time: 4 mins read
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At the time, when users were unsure about which is the best wallet to secure their crypto assets, it started with the idea of offering the safest platform to store their cryptocurrency assets.

After serving the users for over a few years, Klever ventured out to become a complete blockchain ecosystem where users don’t have to opt for other protocols to meet their needs.

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There are many popular blockchain protocols like Bitcoin and Ethereum which are best but have many limitations.

Bitcoin is the world’s top crypto project focused only on peer-to-peer digital payments, where users must use third parties to store and trade it.

Ethereum was ahead in technology when compared to Bitcoin, but it also has many limitations, as users must pay higher transaction costs to complete the transactions, speed of transactions was also slow.

Today there are over 20,000 plus crypto projects, but very few are complete blockchain, like Klever.

Klever has many products that satisfy the needs of every user that is or looking to enter the crypto space.

Firstly, Klever Wallet is today used by over 3 million plus users, and over 150,000 daily active users. It allows users to swap around 900 plus crypto projects and has integrated 20 of the most powerful crypto protocols in its Wallets and Exchanges.

Klever also has an NFT marketplace, where users can trade their NFTs. It is soon going to launch the NFT minting feature, where any user can mint their NFTs and sell them on Klever NFT launchpad.

Recently, Klever has announced the launch of its own hardware wallet, Klever Safe. The wallets will soon be in the hands of the users. In this wallet, users can store over 10,000 plus tokens which are based on various protocols.

Klever also launched Klever Exchange. The platform allows users to trade various crypto assets. Very soon, the exchange will launch its own liquidity pool feature too, that has been under testing for some time now.

Large numbers of tokens are safely stored and tracked in cryptocurrency custody systems. Custody solutions are a recent development in the crypto ecosystem that is anticipated to signal the arrival of institutional capital.

For institutional actors, cryptocurrencies and blockchain pose several difficulties, prominent among them is safe custody of assets. Klever has been working to develop a system with all the functionality and security requirements that Klever Exchange requires with leading custody systems.

Users of Klever Custody can share wallets with one another and verify transactions by receiving clearance from both parties. The top 20+ blockchains and more than 30,000 tokens will be supported by Klever Custody, making it one of the most secure and complete custody services today.

On top of that Klever has recently launched its own blockchain, KleverChain.

The new blockchain will help Klever expand its reach. With this, Klever allows developers to build various applications instantly by using KleverOS SDK. Anyone who wants to launch their own crypto token, can use KleverChain to build one.

It is a one-stop solution for developers and users to experience a seamless crypto experience. 

The proof-of-stake chain permissionless network infrastructure coupled with an active community governance provides high performance, cost-efficiency, and consensus focused governance cycle.

The Practical Byzantine Fault Tolerance (PBFT) method is used by KleverChain, which can process 3,000 transactions per second (TPS), though this number will rise as the network expands and side chains are eventually deployed.

Klever Bank is its own cryptocurrency Banking as a Service (BaaS), the crypto bank, was created with gaming, exchanges, custody, fintech start-ups, and businesses in mind. A tried-and-true product, Klever Bank, is already operational on Devikins Game, Klever Swap, and Klever Exchange.

To produce and manage digital assets utilizing blockchain technology, Klever Bank offers several APIs.

Klever Bank is the perfect solution for game developers to support crypto features in a simple, versatile, and powerful way. 

The bank has been in public beta supporting the activities and transaction needs of the Devikins game.

The Klever product portfolio covers all crypto requirements that are necessary in today’s cryptocurrency space.

With intense competition in the crypto market today, Klever has been constantly developing and building projects that are evolving over time. 

There are many crypto projects that were popular at some point of time, but as there were no regular updates, users started moving to other projects, which cost the project dearly. 

However, Klever is always open to community feedback and response to improve further and bring on more products that can bring a real change in users’ life.

Tags: kleverklever exchangeklever walletkleverchain
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Jagdish Kumar

Jagdish Kumar

Reporting & writing on crypto & blockchain for the past few years. A content eagle, journalist & writer with a passion to explore new technologies that can change human lives. Joined Klever to make Crypto simple. Follow me on Twitter @TokenBharat or email me at jagdish@klever.io

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