Sylo claims DApp leadership

100k downloads, developer says

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Auckland-based software company Sylo claims its Sylo Smart Wallet app is on track to becoming “the world's most popular DApp”, having achieved 100,000 downloads since its launch two months ago.

However, DApps (‘decentralised apps’) are only a relatively recent addition the lineup of software available for smartphones.

Sylo’s Smart Wallet — a term the company claims to have coined — is not a wallet for normal currency but a digital wallet that enables users to “store any ERC-20 compatible token, such as Ethereum, in a non-custodial wallet, as well as import and manage multiple other digital wallets,” and to “securely store, send and manage [their] digital assets and identity.”

It also offers: confidential voice, video calling and messaging; an address book where users can privately manage contacts without a third-party; and instant access to other privacy focussed applications.

According to Sylo users have full control of their digital identity  and can choose what personal information they share with who and on what terms.

Sylo says Bitcoin integration and multi-language support will be added before Christmas, and the ability for users to create their own dynamic digital assets early in 2020.

Copyright © 2019 IDG Communications, Inc.

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