Top Canadian Cryptocurrency exchange CoinField has said the SOLO and XRP crypto wallet application has been submitted to App Store and Google Play for review and would be launched as soon as the examination is done.
The Chief Technical Officer of the exchange, Reza Bashash, made the declaration in a statement yesterday January 2nd, 2018.
Reza said the crypto wallet is currently being examined by the two top application platforms.
“The SOLO & XRP wallet apps were submitted to App Store & Google Play, however, it’s been currently reviewed by them and will be available to download as soon the reviews are done. We will make an official announcement accordingly,” Reza said, captioning the submission page on Google Play.
Earlier on January 31st while giving an update on Sologenic decentralized app, the CTO mentioned that the development of the application is done and it would soon be published on Apple Store and Google Play.
Reza said the decentralized wallet was designed with much focus on transparency, UI/UX, security and decentralization among others.
— Reza Bashash (@rezabashash) January 29, 2020
Remember that SOLO is the native token of Sologenic, a platform built on XRPL with the sole mission of linking cryptocurrency with traditional finance markets.
Sologenic allows users to trade XRP or SOLO against 30,000 tokenized Stocks & ETFs from 25+ global stock exchanges across the globe.
In mid-November 2019, Sologenic launched its VIP-Pre Sale of SOLO token, sending out 50,000 invitations. The public IEO sale of the XRPL-based token would also be made open between February 18-25th, 2020.
At the AI & Blockchain Summit in Malta in November 2019, Sologenic was voted the “DeFi Project of the Year”.
While responding to a question by NewsLogical in an interview, the CEO of Coinfield, Bob Ras, said the reason for choosing XRP over Bitcoin is due to the transaction speed the former offers. In another statement, he also praised Sologenic for its fast execution speed.
“Sologenic transaction handler is FAST! 200 SOLO transactions are confirmed in less than 15 seconds on XRP network! Gotta love XRP!”