Blockchain Startup Gem To Roll Out All-In-One Crypto App

Announcements, Blockchain | April 23, 2018 By:

Blockchain startup Gem will be launching an all-in-one cryptocurrency application to bridge the gap between early adopters and mainstream users.

Founded in 2013 by Micah Winkelspecht, Gem has been deploying blockchain and wallet technology for startups and large enterprises alike, including Philips, Mercer, Capital One, and Toyota.

The goal of the new all-in-one cryptocurrency platform is to bring crypto enthusiasts confidence and delight in managing their digital assets and help them fully experience the new economy. It will provide users with a complete view and control of all their digital assets, a secure universal wallet, and a consumer-friendly, design-centric approach. The platform will also provide timely and contextual information about tokens, and a gateway to the broader crypto community through a variety of features, including social media tools.

“We want to make it easier for people to be better informed about their choices in the space and really understand what they are investing in,” said Winkelspecht. “It’s about giving power back to individuals and giving them direct access to the new distributed economy.”

The blockchain platform will begin rolling out with a universal cryptocurrency portfolio, which will launch in public beta next month. Initially, the portfolio will integrate with 22 cryptocurrency exchanges, while allowing users to manually track tokens held offline outside exchanges, such as in hardware wallets.

Gem is is also planning to include a universal token wallet that will be designed to make it easier for users to hold and trade cryptocurrencies. The Gem wallet will initially support bitcoin, ether, and any other ERC-20 tokens, with plans to rapidly add support for other tokens.

“People shouldn’t have to compromise between having a great user experience and taking control of their digital identity,” Winkelspecht said. “As an industry, we need to bridge the gap between the early adopters and their needs and the majority mainstream audience. We need to deliver a better user experience.” “I look at Gem’s role in the ecosystem as being the trusted companion connecting a user to this new world.”