Singaporean company imToken expands its footprint in Web 3.0 | Company


SINGAPORE, Oct. 24, 2022 /PRNewswire/ — On September 1, imToken, Alibaba Cloud and ChainUp announced the formation of the Web3.0 Innovation Alliance at Alibaba Cloud Day Singapore.

The alliance aims to bring together imToken’s blockchain talents and expertise, Alibaba Cloud’s mature Web 3.0 solutions, and ChainUp’s extensive experience in one-stop blockchain technology services. The collaboration of imToken, Alibaba Cloud and ChainUp will strengthen the Web3.0 ecosystem and benefit the public by attracting more Web3.0 startups to join the alliance and incubating more Web3.0 technology innovations.

According to statistics, the total market value of the current Web3.0 ecosystem is around $24 billion, with a rapid increase to $80-100 billion by 2030. Token is still the medium for Web3.0 ; as the market value increases, the token is growing rapidly, just as the type of token and the business model are currently undergoing rapid change.

Since its debut in Singapore in 2016, imToken has helped more than 10 million users to enter the blockchain and benefit from the blockchain payment application. Because the Tokenized world will soon be a truth, imToken, as a crucial tool for Human-Building Interaction (HBI), has always been devoted to “all equal access to the Tokenized world”.

On the same day, September 1, imToken announced an investment in Silence Laboratories, a Web 3.0 cybersecurity startup focused on secure private key management for organizations using multi-party computing (MPC) and multi-factor authentication technology ( MFA). Undoubtedly, private key security is an essential requirement for wallets, for imToken.

With its participation in the Silence Laboratories round table, imToken looks forward to a future collaboration with Silence Laboratories. ImToken and Silence Laboratories are able to ensure everyone’s access to the Tokenized world with the guarantees of the private key by combining imToken’s rich experience in wallet products and Silence Laboratories’ advanced security technology. Web3.

imToken supported and participated in the 6th edition of Devcon in Colombia last week in October. Ethereum is the foundation of the blockchain and is imToken’s first priority trading direction. Although Devon was interrupted by COVID for two years, imToken continues to support Devcon 6 and meet all blockchain enthusiasts at Devcon in Bogota. imToken is excited to share its latest insight into Tokenised World and discuss the future of Tokenised World with the community in Bogota, Colombia.

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SOURCE imToken

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