Wallet
There are many types of digital assets. Digital assets is a term that describes any assets in a digital form. Crypto assets are digital assets that utilize the technology behind cryptocurrencies. Buyglobal can interact with any type of crypto asset. We have gone beyond standard digital assets and have created new ways to categorize and interrelate built assets with purpose. The Buyglobal minting tool is designed to help users tokenize multiple asset types.
Create an wallet solution for boundless growth
Wallet Service
E-Wallet
Flexible and scalable software to build a stand alone digital wallet on top or add electronic asset accounting functionality to your existing product. Accelerate your time-to-launch and conquer new markets with Buyglobal ewallet software.
Money transfer
Respond to increased market demand for speedy and affordable money transfers with a progressive p2p transfer system, developed on top of Buyglobal payment platform and deployed on-premise or in the cloud.
General ledger
Buyglobal develops software solutions that add up functionality to the business and automate account management and transaction settlement.
Marketplace payment
Our ledger-based payment platform provides a powerful foundation to build a custom payment solution for your marketplace on top, whether single-vendor or multi-vendor.
Mobile Wallet
Buyglobal ewallet app software is built to help you cut down on the time and costs of your mobile wallet app development. Get everything needed for your app’s quick launch, effective scaling, and customers’ immense delight.
Payment acceptance
Start growing your revenue by providing a complete stack of online and offline payment acceptance services for merchants using the payment platform by Buyglobal, without having to start from scratch.
Key Features
Maximum Security
Multiple layers of security (encrypted user access, two-factor authentication etc.) mitigate hacking attempts and ensure that your funds always remain safe.
Multi-Layer Encryption Mechanisms
To ensure a secured communication between the frontend and the wallet server, we add several intermediate layers that center around a random generated string which we name secret.
Layer 1
We never store any user passwords. Instead, we store secrets and encrypt them with user passwords. If hackers manage to somehow hack into a user account, they still cannot withdraw any funds because withdrawing funds requires entering that user’s password which only the user knows.
Layer 2
We use secrets to encrypt withdrawal requests. Our hot wallet component only accepts encrypted withdrawal requests. In other words, if a hacker writes code to issue a withdrawal request, the wallet will not react as the request is not encrypted.
Layer 3
We encrypt and decrypt our secrets in different ways. During the registration procedure, we use so-called asymmetric key pairs to safely pass along decrypted secrets to the wallet server.
Cold Storage
In contrast, a cold wallet keeps key pairs completely offline, e.g. on a piece of paper or on a USB stick, making them impenetrable to cyber criminals. It makes sense to have both a hot and a cold wallet, one for convenience and one for security reasons.
Multi-currency
Skalex wallet support all of the most popular cryptocurrencies and NFT standards and multiple asset types for not only trading and exchange solutions but also for performing DeFi Operations.
Withdrawal and Deposit
A deposit transaction is visible in the user account as soon as the depositor successfully broadcasts it to the blockchain network. During a cryptocurrency withdrawal, the wallet first performs security checks to assure that a valid and double-authenticated user is initiating the transaction.