Learn EzDeFi Wallet

EzDeFi is a company that provides payment solutions using blockchain technology. The current EzDeFi ecosystem has built public blockchain, cryptocurrency payment gateways, e-wallets, e-commerce sites, web browser extensions. In particular, EzDeFi payment gateway, “EzDeFi Crypto Payment gateway” currently supports 7 major e-commerce systems, typically WHMCS, WooCommerce, OpenCart. EzDeFi also supports plugins and extensions on popular browsers including: Chrome, Microsoft Edge, Coccoc or Brave.

With the strength of 98% reduction in transaction fees compared to other payment gateways for institutions and shoppers, EzDefi is proud to have attracted and worked with approximately 988 customers to date.

In addition, EzDeFi has ambitions to integrate more central bank digital currencies (CBDCs) to support all available cryptocurrencies from different countries.

Products of ezDefi

EzDefi currently has 3 main products: ezDeFi Wallet app, ezDeFi Wallet extension and ezDeFi Payment Gateway.

ezDefi Wallet and ezDefi Extension

Currently, ezDefi wallet has 2 modes: simple use mode and secure mode. Simple mode is suitable for customers who are new to cryptocurrencies or new to crypto wallets because of its simple display and easy operation. The security mode provides greater safety for users who own large amounts of assets.

Multi-chain feature

Multi-chain feature will help users to keep all coins in a single wallet even if they use different platforms. In particular, ezDefi wallet can help users directly experience D-apps built on different chains. This is a feature currently only available in ezDefi Wallet.

Wallets without Multi-chain feature can only store 1 chain in 1 wallet. That is if you own many different coins such as: DASH, BTC, ETH, REP… You must install at least two wallets, one wallet to store the coins on the Ethereum platform (ETH, REP) and one wallet. other for Bitcoin-based coins (BTC, DASH). Imagine that you are participating in a D-app game built on Ethereum and another D-app game built on TRON, you have to open Metamask wallet then TRON wallet continuously to access. Because TRON and Ethereum use different blockchain platforms.

Multi-address feature

The Multi-address feature will help users to display multiple addresses in the same wallet so they have an overview of their assets. This means they can have multiple ETH wallet addresses, multiple TRON wallet addresses, multiple BTC wallet addresses in the same wallet interface.

Synchronization between Extension and Mobile wallet

When using a crypto wallet, users reward using a mobile and web wallet. Therefore, the function of data synchronization between the electronic wallet on the phone and the web is very important for users to easily manage their accounts. However, the synchronization function of many other wallet applications does not guarantee the security of data because when synchronizing, the user’s data will be saved on the product’s system, that is, in addition to the user. there will be more third parties to capture this data.

EzDefi offers synchronization between mobile wallets and desktop wallets while ensuring security and ease of use by synchronizing data through users’ personal cloud accounts (Google cloud). , google drive…). This allows users to manage their own data through individual accounts.

Private Key Cloud backup

Private Key in the crypto world is like the password of your bank account. Users often save the Private Key by writing it down on paper, saving it in notes, hard drive… However, this storage brings many risks because the possibility of forgetting or being discovered by others is very high. To solve this problem, ezDefi wallet has integrated a Private Key Cloud backup feature that makes using Private Key simpler, more convenient and easier.

The Private Key Cloud backup feature uses Shamir algorithm that allows users to split their Private Key into multiple parts. Users can choose how many pieces they want to split and save each piece to their cloud account (e.g. Google Drive). When storing the private key in the cloud, you can optionally set the key to split it into pieces and set the conditions for the key to be regenerated. For example, you can split the Private Key into 3 parts, save them in Dropbox, Google Drive and in email respectively, you can also choose to only need 2 out of 3 pieces of the Private Key that you can regenerate the complete Key. , this will prevent you from losing a piece of your Key and not being able to connect to your wallet account. For added security, you can choose to use a password to be able to log in to view the Keys on the Cloud, this will help people with your Dropbox or Google Drive account also can’t see the Key. kept in this.

Most importantly, the Shamir algorithm makes it possible for the user to also decide how many pieces are needed to regenerate his entire Private Key. Especially, only the owner of the Private Key knows exactly how many pieces to use and where to save them to regenerate the lost Private Key.

ezDeFi payment gateway

ezDeFi’s payment gateway has supported 7 main e-commerce systems: WHMCS, WooCommerce, OpenCart with outstanding advantages.

Leave a Reply