The Best Digital Wallets of 2023 that you must know about!

Guess What? Digital Wallets Aren’t What You Might Think!

With the rapid advancement of technology, our lives have become increasingly digitized and cashless. In 2023, digital wallets are more important than ever, offering a convenient and secure way to manage our finances. Whether you're looking to store cryptocurrencies, debit cards, or loyalty cards, there's a digital wallet that's right for you. Get ready to discover the future of finance and how you can simplify your life with just a few taps on your smartphone.

What Are Digital Wallets?

The past definition of a digital wallet was a smartphone app payment processor tool for individuals and companies, which can be made to an individual, store, or online retailer. They also became transaction vehicles for financial payments from banks and individual to individual.

The popularity grew with Gen X and Gen Z categories sending payments to friends on Venmo, banks providing internal transfers, and financial products. As of 2021, it is estimated that there are over 1.2 billion digital wallet users worldwide with the number growing exponentially yearly. Digital wallets also have become popular with crypto. Out of those 1.2 billion wallets, approximately 35 million of them are “crypto wallets” in holding cryptocurrency and buying, selling, staking, and other crypto functions.

“Digital Pay” wallets are considered the mainstream digital wallet- attaching your debit card or credit card to your phone allowing you to pay quickly and efficiently.

The Top 5 Digital Pay Wallets:

1). Apple Pay

2). Zelle

3). Amazon Pay

4). PayPal

5). Google Pay

These digital wallets are considered the “best” due to a combination of factors such as:

1. User base: All four digital wallets have a large user base, making them easily accessible and convenient for users.
2. Features: They offer a wide range of features such as peer-to-peer money transfers, mobile recharge, bill payments, and more.
3. Security: All four wallets employ strong security measures to protect user data and funds.
4. Integrations: They are integrated with various online and offline merchants, making it easy for users to make payments and purchases.
5. User experience: They have user-friendly interfaces, making it easy for users to perform transactions.

What is the Digital Wallet of the Future?

Did you know that the future growth of digital wallets will skyrocket into areas outside of finance and payments? They might still include those transactions, but they will do much, much more. Why? Due to digital fraud, exposed app data exposed personal identities, and the “exposed web”, the future trend is the new digital wallets that are tied to blockchain. They will create a secure transaction, where current apps and Centralized databases are getting hacked every few seconds leaving you exposed.  

The Digital Wallet will become the go-to solution for doing work and managing your personal life. Now anything that you want to remain secure, will be added to a digital wallet and will be an important part of the anticipated $1.7 Trillion dollar growth of blockchain.

Let’s review the top new wallets transforming software, home and personal, and business uses.

The Top 5 New Digital Wallets Changing Finances

•  BCERTin Wallet
• Coinbase Wallet
• MetaMask
• Ledger Nano X
• Exodus

  All these digital wallets allow you to:

• Send and receive cryptocurrencies to other wallet addresses.
• Purchase cryptocurrencies with fiat money.
• Trade cryptocurrencies on exchanges.
• Stake and participate in consensus mechanisms for proof-of-stake cryptocurrencies.
• Manage and organize multiple cryptocurrency assets in one place.

But only one of them allow you to:

• Access dapps
• Store documents and files
• Communicate with family and friends, in addition to everything listed above,

One digital wallet stands out from the others: the BCERTin wallet. The BCERTin wallet allows you to control your entire digital life from your electronic device. The BCERTin wallet is decentralized, meaning it stores users' private keys on their devices, rather than on centralized servers controlled by a single entity like Coinbase or MetaMask. This makes it less vulnerable to hacking and theft, as the assets are not kept in a single point of failure.

BlockCerts Founder, Tim Vasko says “Digital Wallets have been shown to improve lives of the unbanked and underserved as well as for making secure transactions. At BlockCerts, we’ve expanded the wallet to an array of decentralized apps, creating a true Web 4.0 experience. Our goal is to help create over 600 million jobs through our WorkCERTin solution, which is priced by region, and now makes a full business suite affordable to everyone – all through their free BCERTin wallet.”

With a decentralized wallet, such as the BCERTin wallet, users have full control over their assets and private keys, rather than relying on a centralized entity to manage them. This means that users are able to make transactions and manage their assets without needing to go through a third party.

Decentralized wallets operate on decentralized networks and are not subject to the control or censorship of any central authority. This makes them more resistant to censorship and more suitable for users who value freedom and independence. You are in control of your personal information and data allowing you to control who and when you share it.

What’s Next?

Download your FREE BCERTin Wallet here, and begin the transition to decentralized finance. The world works smarter on blockchain, and allows you to take full control of your wallet and your future!