Blockchain based platform has come up with an original creation, a mobile wallet and is taking the step to success a bit further.
The useful functionality of a blockchain token goes beyond its monetary value. These tokens often serve as the primary mechanism to encourage validators to assist the network and stakeholders to participate in decentralized management. Therefore, network participants prefer to store their tokens in a secure environment - preferably without third parties.
Dock, a platform that helps businesses and developers issue and validate blockchain credentials, has launched its own mobile wallet. Dock Wallet - available on the App Store and Play Store - allows token holders to store, send, receive, and manage Dock tokens from their mobile device.
The Dock Wallet app recognizes the importance of complete decentralization and gives token holders full control over their DOCK tokens as well as their own private keys, meaning they can generate their own recovery phrases and send and receive DOCK tokens from Third trustees.
Entrance to upcoming innovations
Dock says the purpose of its mobile wallet is not limited to being a place for users to send, receive, and manage tokens. The platform describes the portfolio as the inclusion of a number of innovations planned by the Dock that will become known over time.
"While Dock's new mobile portfolio will provide existing token holders with a secure, convenient and portable experience, our future plans to expand its usability and integrate it with our other products are exciting," said Nick Lambert, CEO of Dock Labs AG.
As the portfolio was developed with future integration in mind, Dock Wallet in its current state serves as the building block for new functionality. Some of these future iterations include the ability for users to receive, store, and send verifiable identities and credentials, as well as various betting and management functions.
After six months of creation, the final version of Dock Wallet was only released after including feedback from the community during a private beta test. The app also passed a test by cybersecurity firm Oak Security and said "no serious issues were found".
Solving universal problems with existing data
Dock specializes in helping companies create verifiable digital identification data on the blockchain. With permissionless open-source technology, the platform believes it can solve universal problems with existing data solutions.
The latest application of this technology is Dock's collaboration with Credenxia to create a decentralized solution for managing employee identities and credentials. With the Dock API, Credenxia has created a Concept Proof (PoC) application to verify employee credentials. Credenxia has moved away from the previous centralized cloud portal to create options for its customers that ensure the highest level of data protection and individual data integrity while significantly reducing data verification time and costs. Similarly, the authentication platform Xertify integrates the Dock blockchain infrastructure to facilitate accreditation for a number of organizations, including universities and government agencies.
“We are building a transparent and decentralized system where consumers are the real owners of their data thanks to Verified Credentials technology,” said Danny Suarez, CEO of Xertify. In the next twelve months, Dock expects more hardware portfolio integrations and more cryptocurrency partnerships to offer exchange-based betting. The platform also serves to provide self-service credentials so non-technical users don't have to rely on other entities to create decentralized identities.
"By enabling any organization or developer to publish to the Dock, we can work together across a variety of markets and industries to create a better future world backed by secure, individually verifiable credentials," says Doc.