The cryptocurrency wallet Rahakott was launched at  November 2017. Now you can use three cryptocurrencies: Bitcoin, Bitcoin Cash and Litecoin. Rahakott is a cryptocurrency wallet that allows anyone to send or receive digital currencies and to monitor their balance. The success of Rahakot is explained by serious work in three directions: high level of usability, convenience and security.

High level of usability

Altcoins have become big players in the crypto market, as evidenced by some of their growth rates. The user becomes not comfortable switching from one  wallet to another, as this leads to confusion and inconvenient use. It’s for this reason that the company has integrated Bitcoin Cash, Zcash and Litecoin. Currently, Rahakott developers are working on the integration of Dash.

Convenience

In the modern rhythm of life, applications should be as user-friendly as possible. In order to make life easier for the user, the company entered a mnemonic phrase and connected two-factor authentication of the account.

The next step is to integrate the system into mobile devices.  Right now, mobile apps for Android and iOS are being actively developed. Soon mobile applications for Android and iOS will be developed. Once the work is completed, users will have access to their wallets directly from their phones.

Security

For 5 months of work, the security service has not revealed attempts of breaking. Known security companies checked the crypto wallet Rahakott, there were  revealed no errors.

As of now, over a 3.5 thousand users have chosen the Rahakott wallet. According to Akke Svenson, Rahakott.io cryptocurrency wallet founder, the sharp fall in the cryptocurrency market has not affected the frequency of wallet use, and the number of transactions is gradually rising. Despite a large amount of work already done, the development team is not resting on its laurels and continues to make improvements in all three areas.

PROJECT TEAM

Akke Svenson, Rahakott.io cryptocurrency wallet founder
Entrepreneur, IT specialist, blockchain enthusiast. Graduated from the Royal Institute of Technology in Sweden and Stanford University in the US. He began his career at Ericsson, then worked on developing services for financial companies in Europe. For a few years, he served as CTO at a Silicon Valley fintech startup. After that, he returned to Sweden and founded his own company, specializing in IT consulting. He became interested in blockchain in 2013, believing that modern technology will help build new economic relationships in the world.

Maksim Shreyder, Rahakott.io cryptocurrency wallet cofounder
IT expert. Graduated from the Moscow Institute of Physics and Technology and the University of London. He began his career as a programmer, developed projects in the e-commerce sector, and headed IT departments at Russian and English companies. In 2015 he became interested in cryptocurrencies and mining.

Website: Rahakott.io

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.