Review on w1 by José A Rodríguez
A Digital Cryptocurrency Service for Payments (NOT A WALLET)
There has been a big confusion about what Wallet one (W1) is aimed at. Certain crypto-holders think it is a wallet because it permits them to integrate tokens on it and save them for a long time. But the truth is that it is a recognized virtual payment method. It has had a clear trajectory that has not been well-viewed by that reason of thinking is just a digital wallet.
The main interface of this product reveals in the first instance an online market where users can see in detail their balance, and operate among accounts to transfer money digitally. It permits to register public addresses of different users, being them individuals or companies, but the ways of transferring money might vary since they do not occur exclusively in the network. They can also be released through emails and phone-numbers associations.
It has a clear view and a detailed and explanative window. It works with exceptional privacy, and there are re-adapted security methods. In a general view, this payment option seems to work with efficiency. But it is the disorganized use of information that affects the rating of the company In external markets, they opted to put the service as a wallet, but on their own page, they just provide a payment option.
The company remains active and is operating in new updates for it. They should check what is being said about their product to avoid severe issues in the future.
Pros
- As a payment option, it provides a wide set of features that diversify the channels of digital transfers among citizens in the world.
- It can be used by individuals and companies without the intervention of correlated parts. It works with privacy.
- It has an excellent design, and the interface of the app is intuitive.
- There is a considerable speed in the way that transactions are executed. Payments go rapidly to the receipt addresses.
- It is a global service. It is not extended among all countries, but it has good representation in some continents.
Cons
- It has had a low rating due to the disorganization of content and purpose. Users make use of the product as if it were a wallet when it is just a payment method functioning as a digital bank for crypto.
