Crypto Analyzer

MyEtherWallet Launches Crypto Wallet App MEWconnect for iOS Devices

MyEtherWallet (MEW), one of the original wallet interfaces for Ethereum, has recently introduced a new wallet application for iOS devices known as MEWconnect. This app allows clients to securely store their cryptocurrencies, functioning similarly to a hardware wallet. The MEWconnect app is now available for download from the Apple Store, with a beta version for Android users set to be released later this month via the Hockey app.

According to statements made by MyEtherWallet, MEWconnect is free to use, open-source, and ensures a high level of security for users. One of its noteworthy features is the ability for users to access their wallet without the need to manually input their private key. Instead, the app utilizes a QR code scanner, providing a convenient and secure way for users to interact with the Ethereum blockchain from their mobile devices.

MEWconnect aims to address some of the key barriers that have hindered the global adoption of cryptocurrencies, particularly in relation to securing private keys in a free and secure manner. The app includes a 2-factor transaction verification feature, which adds an extra layer of security by prompting users twice before they can finalize a transaction on the Ethereum blockchain.

Kosala Hemachandra, the founder and CEO of MEW, emphasized the importance of the new app in furthering the adoption of cryptocurrencies, stating, “We’ve been working hard to perfect MEWconnect over the past few months and are excited to finally provide our global users with this free and easy-to-use app that has the functionality of a hardware wallet. We believe this app will play a key role in wider cryptocurrency adoption, and we look forward to being a part of this transition.”

With the launch of MEWconnect, MyEtherWallet aims to provide users with a seamless and secure means of managing their cryptocurrencies, directly from their mobile phones while retaining complete control over their private keys and funds. This move signifies an important step towards broader accessibility and usability of cryptocurrencies for a global audience.