The functionality of a blockchain token goes far beyond its monetary value. These tokens often act as the primary incentive mechanism for auditors to keep the network running and stakeholder participation in decentralized governance. Thus, network participants will prefer to store their tokens in a secure environment – preferably without third parties.

The Dock platform, which helps companies and developers issue and verify blockchain credentials, has launched its own mobile wallet. The Dock Wallet, available in the App Store and Play Store, allows token holders to store, send, receive, and manage Dock tokens from their mobile devices.

Understanding the importance of full decentralization, the Dock Wallet app will give token holders full control over their DOCK tokens as well as their own keys, which means they can create their own redemption statements as well as send and receive DOCK tokens without requiring input from third party parties. administrators.

The road to future innovations
Doc says the purpose of a mobile wallet isn’t just for users to send, receive, and manage tokens. The platform describes the wallet as a gateway to a number of Dock innovations that are planned and will become known over time.

“While the new Dock mobile wallet will provide a secure, fun and portable user experience, our future plans to expand its usefulness and integrate with our other products are very exciting,” explained Nick Lambert, CEO of Dock Labs AG.

Since the wallet was designed with future integrations in mind, Dock Wallet, in its current state, serves as a building block for new features. Some of these future iterations include the ability for individuals to receive, store, and send verifiable identities and credentials, as well as a number of deployment and management features.

After six months of development, the final version of Dock Wallet was only released after community feedback was taken into account during the private beta. The app was also successfully audited by cybersecurity firm Oak Security, which reported “no major issues.”

Solve global problems with existing data
Doc specializes in helping companies create verifiable digital credentials on the blockchain. The platform believes that by using open source and unlicensed technologies, it can solve global problems with existing data processing solutions.

One of the recent applications of this technology has been the collaboration between Dock and Credenxia to create a decentralized solution for managing employee identities and credentials. Using the Docks API, Credenxia has created a Proof of Concept (PoC) app for verifying employee credentials. Moving away from its previously centralized cloud portal, Credenxia has been able to create an alternative for its customers that maintains the highest levels of confidentiality and integrity of individual data, while significantly reducing the time and cost of data validation.

More about the dock here
Likewise, Xertify Docks, an integrated blockchain credential platform, makes it easy to issue credentials to various organizations, including universities and government agencies.

“We are building a transparent and decentralized system where users are the true owners of their data through verifiable credential technology,” said Danny Suarez, CEO of Xertify.

Over the next 12 months, Dock expects more integration with hardware wallets and more partnerships with cryptocurrency exchanges so that they can offer exchange-based efforts. The platform also allows self-service credentials to be issued so that non-technical users do not have to rely on other devices to create decentralized identities.

“By enabling any organization or developer to release through the Dock, we can work together across different markets and across different industries to open a better world in the future based on secure, verifiable, private credentials,” Doc said.

Source: CoinTelegraph