NSLab Inc. Showcases PureWallet+: A Novel Blockchain Services with Offline Capabilities

Kumi, Kyeongsangbuk Aug 18, 2024 (Issuewire.com) -  Company Name: NSLab Inc.
 Product Name: PureWallet+
 Product Launch Date: March 2025

Product Overview

NSLab Inc. is set to redefine the landscape of digital asset management and transactions with the upcoming launch of its groundbreaking product, PureWallet+. Scheduled for release in March 2025, PureWallet+ offers innovative blockchain-based services that overcome the limitations of existing solutions, particularly in environments with poor internet infrastructure.

Seamless Digital Asset Management and Transactions, Even Offline

PureWallet+ is designed to operate effectively even in offline environments, making it a crucial tool in regions with unstable internet connectivity. The wallet features an offline mode that allows users to conduct digital asset transactions without incurring traditional blockchain Gas Fees, thanks to its unique offline token technology. This feature enhances cost efficiency, making PureWallet+ a highly practical solution for a wide range of users.

Advanced Token Fragmentation for Flexible Transactions

Traditional blockchain wallets can only verify and record fragmented tokens when online. However, PureWallet+ introduces a proprietary hash tree token fragmentation technology that enables secure verification and use of fragmented tokens even offline. Users can convert a digital asset into an offline token and further divide it into smaller units, such as 0.2 or 0.8 offline tokens, for precise and flexible transactions. The transaction speed in offline mode is remarkably fast, taking less than one minute, which supports swift and efficient trading.

Enhanced Security and Integrity

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PureWallet+ also supports cold wallet functionality, with a software-implemented separation of cold wallet storage for enhanced security. This design ensures the physical separation of the cold wallet, safeguarding against unauthorized access, while allowing for easy transitions between online and offline wallets. Unlike traditional cold wallets, PureWallet+ prioritizes user convenience without compromising on security.

Diverse Blockchain-Based Services

Leveraging Zero-Knowledge Proof (ZKP) technology, PureWallet+ guarantees the integrity of various digital documents such as certificates, contracts, and boarding passes, even in offline environments. It prevents forgery and ensures the authenticity of documents like academic certificates and employment records. Additionally, the wallet offers escrow services to secure assets in transactions until contract conditions are met, ensuring safe and reliable agreements. NSLab Inc. plans to expand PureWallet+ services to include secure voting systems and organ matching services based on personal medical records for emergency situations.

Setting a New Standard in Blockchain Technology

PureWallet+ not only bridges the gap between online and offline blockchain services but also sets a new standard for blockchain-based solutions. It is poised to become a powerful tool for enabling digital financial services and public utilities, particularly in regions with limited internet access.

About NSLab Inc.

Founded in 2022, NSLab Inc. is a blockchain technology company specializing in software, solutions, and technology development. With a strong foundation in university lab research, NSLab Inc. is committed to providing reliable and innovative solutions that address fundamental IT challenges with creativity and precision.