DCMC has announced the launch of its crypto wallet with inheritance and insurance. DCMC Wallet is creating the final form of ‘wallet’ which helps manage assets in a way that is 100% secure, and the team makes continuous updates on its features.
To provide DCMC holders some of the biggest benefits of blockchain technology including DLT (distributed ledger technology) and P2P autonomous network in their everyday lives, they came up with the solution of developing the DCMC DEX that the society appreciates, sharing its profit with all the participants.
- To develop the DEX that DCMC holders appreciate
- To provide user support by all DCMC holders
- To establish the truly decentralized society with all DCMC holders
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These three are fundamental policies of DCMC. By combining these three, they keep developing the legitimate DEX that users genuinely appreciate.
DCMC Wallet Functions
1. Insured Wallet
DCMC Wallet is a DEX, insured wallet.
When users are unable to access their wallet in a situation like forgetting or losing their password, the insurance will cover this situation. And all their assets will be returned to them.
In most cases, when managing or storing their assets in a general digital wallet, asset management is 100% on their own responsibility. In case of being unable to access their wallet for any reason, there is always a risk that their assets will not be returned. DCMC Wallet enables users to avoid this risk and ensures that their assets are safely protected in the wallet.
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2. Sharing Ownership of Wallet
In many cases, a digital wallet can be accessed by anyone if the ID and password are known. If a corporate body manages cryptocurrency assets, one person’s decision can allow transitions of assets in general digital wallets and exchange accounts, which carries various risks. In DCMC Wallet, there is an option to have joint ownership in a single account. In this setting, to withdraw some assets, it requires to get verified from all approved users the main user assigned.
3. Seamless transition of assets to family members and designated people
Wallet owners can set up their wallet with specified conditions. For example, when something unexpected happens to the wallet owner, multiple approved users, such as family members, loved ones or colleagues, can access the wallet on behalf of the main owner.
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