Tetrix Network, a Filipino-made integrated ecosystem that connects several blockchains, reveals the new and enhanced Pitaka, a cryptocurrency wallet that allows users to store, manage, and exchange cryptocurrencies and digital assets in an extension.
“Pitaka is a fully decentralized crypto wallet built on Tetrix, the first omnichain protocol that connects directly across all blockchains,” stated Felix Asuncion, Tetrix’s Chief Revenue Officer. “Our primary goal in developing Pitaka is to create a product that every Filipino can be proud of.” “Made by Filipinos, for the world,” as we say.
Pitaka allows non-fungible tokens (NFTs) and digital collectibles to be stored, and it now supports over 18,000 cryptocurrencies built on top of 25 blockchains. Altcoins, Ether, Binance Coin, Polygon, Dogecoin, and Shiba Inu are just a few examples.
When forgotten passwords cannot be recovered, a 12-word mnemonic (seed) phrase is generated as the wallet’s private key, giving users complete control over their cash and avoiding fraudulent conduct.
Pitaka can be linked to hardware wallets such as Trezor and Ledger, allowing users complete control over their funds.
Tetrix claims to have already begun work on Pitaka’s mobile app, which will eventually support more cryptocurrencies such as Bitcoin and XRP.