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Axel launches wallet on its blockchain service

Axel, a blockchain startup, has launched its Wallet on its blockchain powered Axel Network. The wallet will offer full cryptocurrency functionality, multi-signature capabilities and Masternode Staking for the Axel.Network, according to a press release. Users can send and share digital assets on their Wallets, and the company plans to integrate media selling directly into the Wallets.

The Axel Network uses Masternode technology to offer decentralized computing. The Wallets themselves use Axel's proprietary secure, organize, authenticate and protect process to ensure real data such as warranties, software license, contracts and other information is linked to transactions. This also ensures that digital assets and data on the network are immutable, according to the release.

"People often think of Blockchain as a faraway concept, but in reality it's a formidable technology with real world use cases, and Axel Wallet illustrates just how it can be a part of one's everyday life," Ben Ow, president and CTO of Axel, said in the release. "We keep building solutions that provide a better and more secure way for users to manage data everyday. We are excited to be at the forefront once again, with the launch of AXEL Wallet on our Axel.Network platform."