Blockchain Startup Axel Introduces Wallet on Its Blockchain Service

Blockchain startup Axel has introduced its Wallet on Axel Network, its own blockchain-powered platform.

According to a press release, the wallet will provide full cryptocurrency functionality, Masternode Staking for the Axel.Network, and multi-signature capabilities.

Users can send and receive cryptocurrencies on their Wallets, with the firm also planning to link media selling.

The Axel Network employs Masternode technology to provide decentralized computing. To guarantee that real data like software license, contracts, warranties, and other information are linked to transactions, the Wallets utilize Axel’s propriety secure, organize, authenticate, and protect process.

“People often think of Blockchain as a faraway concept, but in reality, it’s a formidable technology with real world use cases, and Axel Wallet illustrates just how it can be a part of one’s everyday life,” Axel CTO and president Ben Ow said in the release.

“We keep building solutions that provide a better and more secure way for users to manage data everyday. We are excited to be at the forefront once again, with the launch of AXEL Wallet on our Axel.Network platform,” he added.