The post City Protocol Partners with Cwallet to Simplify Web3 IP Onboarding for 37 Million Users appeared on BitcoinEthereumNews.com.
This week marked a momentous one in the blockchain space, as City Protocol announced a strategic partnership with Cwallet, one of the largest global cryptocurrency wallets with more than 37 million active users. This alliance represents a major development for City Protocol as it seeks to create accessible Web3 markets for intellectual property by providing an easy process for users to join and access an integrated payment solution. Breaking Down Barriers to IP Tokenization City Protocol has been laying the foundation for future on-chain IP capital markets, the ability for creators to tokenize their intellectual property, Digital Autonomous Tokens (DATs), and Real-World Assets (RWAs) from the earliest stages of development. The platform has drawn support from some of the top-tier investors such as Jump Trading, Dragonfly, CMT Digital, indicating a high degree of institutional belief in the tokenized IP market. The collaboration with Cwallet solves one of the most significant problems that challenges the adoption of Web3, which is the complexity of the user onboarding process. City Protocol has created a comprehensive way to create IP tokens, and to create opportunities for consumers and users, it is essential to have interfaces that users feel comfortable using, as well as simple and convenient methods of payment. This is where the expertise of Cwallet comes into play. Cwallet’s Comprehensive Ecosystem Meets IP Innovation Cwallet began as a small venture but has since experienced remarkable growth. Now, it can be used with 1000 tokens and more than 60 blockchains. This solution provides a full-fledged Web2.5 financial system that integrates blockchain and traditional finance in a seamless way. People trust Cwallet as it has seven years of record where there were no major security problems and it is certified by PCI DSS and MSB. Cwallet’s huge feature set makes this an attractive alliance. The…