UPCX wallet plans to launch public testnet with the goal of reshaping the cryptocurrency payment experience

In the rapidly developing cryptocurrency industry, usability and security have become major concerns for users. The UPCX wallet is designed to simplify the cryptocurrency payment process. It recently declared that a public testnet would be launched soon, announcing a series of eagerly anticipated new features.

The launch of the public testnet will introduce a variety of innovative tools, including mobile apps, browser extensions, testnet faucets, blockchain explorers, and performance monitoring tools.

The UPCX wallet is currently in a closed network testing phase and is not yet available to the general public. This rigorous testing ensures that the wallet’s functionality works as planned and meets the highest security standards before public release. The development team stated that once the tests are fully built and running smoothly, the testnet will be released for user experience.

The main features of UPCX wallet are:

Usefulness

Named Account System: Users can simplify the experience by using an easy-to-remember string as their ID (such as a username or email address) instead of a complex blockchain address.

Flexible payment methods

1. Mobile payments: You can quickly initiate (push) or receive (pull) payments by scanning the QR code.
2. Tap to Pay: Contactless payment is possible by simply touching the payment terminal through NFC technology.
three. Offline payments:
all. Activate payments even when there is no network connection.
rain. Offline transaction data is stored temporarily on the device and synchronized with the blockchain once connected.
Seed. Prevent funds from moving while offline.

Security and Privacy

One. Anonymous accounts and transfers: Provides privacy features that hide the parties’ identities and transaction amounts.
2. Prevent double-spend attacks: Ensure transaction safety and prevent fund reuse through design features.

compatibility

One. Cross-chain interoperability: Interoperability with other blockchains is achieved through the COSMOS protocol, supporting trading of multiple assets.
2. Payment processing efficiency: High payment processing capacity ensures quick completion of transactions.
three. Super App Ecosystem: In the future, UPCX Wallet will become the core payment gateway within the UPCX Super App Ecosystem.

asset management

One. Multi-asset support: Market Fixed Asset (MPA) and User Issued Asset (UIA) trading is supported.
2. Decentralized Exchange (DEX): Built-in DEX functionality simplifies the asset trading and exchange process.

community network

One. Encrypted Communications: Provides secure messaging capabilities for encrypted communications on the blockchain.
2. Anti-DDoS Attacks: Protects your network from DDoS attacks by limiting the number of free messages per second and charging for excess messages.

With these innovative features, UPCX Wallet aims to provide users with a comprehensive, convenient, and secure payment and asset management platform. The goal is to simplify the use of cryptocurrency and promote its application in everyday life. As the public testnet progresses and future user experiences arrive, the UPCX wallet is expected to gain a foothold in the cryptocurrency payments sector and attract widespread attention.

Additional information about UPCX:

UPCX is a blockchain-based open source payment platform that aims to provide secure, transparent and compliant financial services to global users. It supports fast payments, smart contracts, asset-to-asset trading, user-issued assets (UIA), non-fungible tokens (NFA), and stablecoins. In addition, it provides a decentralized exchange (DEX), API, SDK, etc., provides customized payment solutions, and strengthens security by integrating POS applications and hardware wallets to build a one-stop financial ecosystem.

Official website: https://upcx.io/

X: https://x.com/Upcxofficial

X(CMO, UPCX): https://twitter.com/kokisato_upcx

telegram: https://t.me/UPCXofficial

Dissension: https://discord.gg/YmtgK7NURF

Media Contact

Company Name: UPCX Team

Contact person: Jiso Liu

Email: (email protected)

Website: www.upcx.io

Disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence (including consulting a professional financial advisor) before investing in or trading securities and cryptocurrencies.