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Shiba Inu Is Now Assisted by Samsung-Backed Crypto Wallet App

source-logo  cryptoknowmics.com 17 November 2021 05:58, UTC

Shiba Inu is now assisted by the Samsung-backed crypto wallet app. The primary password-free wallet now supports Shiba Inu. November 16 announcement quotes, "ZenGo, the first keyless non-detention cryptocurrency wallet, has rendered its support for the Shiba Inu cryptocurrency."

Samsung-backed Crypto Wallet App Assisting Shiba Inu

The Crypto Wallet users & supporters will be now eligible to deal as well as hold the hottest meme coin. Chief of communications at ZenGo - Ari Gore comments a few words in praise of Shiba Inu's "vibrant" and "enthusiastic" community. 

He said, "We are very much delighted to be recognized as one of the first crypto wallets supporting SHIB. The excitement is mainly due to its vivacious, inventive, and enthusiastic community."

Dealing with Passwords and Private Keys 

Samsung-backed Crypto Wallet App is now supporting Shiba Inu. With this, comes forth the daunting for novice users. How? Because Shiba Inu will be assigned passwords, seed phrases, and private keys. 

ZenGo wallets are initiated with the support of facial biometrics, advertised in the name of the app's main selling point. However, the founder & organizers of the company claim its new approach as a solution to the existing problems allied to storing crypto.

In April 2021, the Israeli startup raised $20 million during its Series A funding round. The technology giant's venture capital fund, i.e., Samsung Next was present in the list of ZenGo's most remarkable backers.

cryptoknowmics.com