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EverRise to strengthen TrustWallet, MetaMask, others’ security

By The Guardian
11 January 2022   |   2:30 pm
Blockchain technology company EverRise is set to launch a new app function called EverWallet. This new application boasts of maximising the security around users existing crypto wallets by securing holdings directly on the blockchain. "EverWallet will ensure that even if your phone or laptop is lost or stolen, that you and only you will have…

Blockchain technology company EverRise is set to launch a new app function called EverWallet. This new application boasts of maximising the security around users existing crypto wallets by securing holdings directly on the blockchain.

“EverWallet will ensure that even if your phone or laptop is lost or stolen, that you and only you will have access to your tokens and without the additional concerns that arise from losing your hardware wallet,” the crypto company said on its website.

Ahead of its launch, EverRise notes that users assets will be protected in the way it bridge vault works to protect the EverRise supply to power EverBridge, another dApp function in the EverRise ecosystem. The EverWallet will also allow users to add secondary/backup wallet access in the event that they lose their private keys.

The EverWallet is to be a complementary wallet to MetaMask, Trust Wallet, and other decentralized wallets, providing security measures to protect the assets inside by storing users tokens in a secure vault directly on the blockchain.

The company is popular for its RISE token, which launched on June 25, 2020, the cryptocurrency token is popular for introducing buybacks to the blockchain. According to data collated by listing platform, CoinMarketCap, everRise recently recorded a daily transaction volume of over $2.7 million in January.

EverRise focuses on boosting ease and accessibility to decentralized finance by bringing security solutions to the space. The company strives to provide investors, developers and crypto enthusiasts with the tools to safely participate in the crypto ecosystem through its range of decentralized applications.