HERE Wallet and web3 security protocol HAPI have partnered to create HOT Labs, which aims to make blockchain technology more accessible and secure. The joint venture combines HERE Wallet’s expertise in wallet design with HAPI’s focus on decentralized security, with a goal of breaking down barriers to web3 adoption.
The first product from HOT Labs is HOT Wallet, a non-custodial wallet integrated into Telegram that uses Chain Signature technology for seamless cross-chain swaps and gas payments in a unified currency. HOT Labs will develop other wallet-based services with an emphasis on user experience, making blockchain technology more accessible to millions of users.