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Digital Asset Wallets

HUMBL Launches a Mobile Wallet with Multiple Features In One App

— February 13, 2023 — Tech
The HUMBL wallet is a digital wallet that allows consumers to buy, sell, and hold digital assets. HUMBL has announced that its wallet will offer financial technology services, a search engine, social media and mobile payment services, and more. Customers may locate verified NFTs across Ethereum, Polygon, BLOCKS, and other platforms using HUMBL's blockchain-based search engine. HUMBL provides one of the first social media platforms with independently verified user profiles and brands.

“The HUMBL Wallet allows global customers to quickly search, verify and transact with each other in new ways in the digital economy,” said Brian Foote, CEO of HUMBL. “As consumers move from Web 2 onto Web 3 via HUMBL, we believe that digital wallets, as well as verified people and products, will start to become a fundamental expectation of future customers.”

Image Credit: HUMBL
Trend Themes
1. Blockchain-based Search Engines - Opportunities exist for the development of blockchain-based search engines that enable the search of verified NFTs across multiple platforms.
2. Integrated Digital Wallets - The trend towards offering multiple financial technology services in a single digital wallet is likely to continue as consumers increasingly demand convenience and security in their transactions.
3. Verified Social Media Platforms - The creation of independently verified user profiles and brands could disrupt the social media industry by increasing transparency and trust in online interactions.
Industry Implications
1. Cryptocurrency - The growth of digital asset wallets and the integration of financial and social media services could fuel adoption of cryptocurrency by mainstream consumers.
2. Online Payments - The development of integrated digital wallets could disrupt the online payments industry by offering a more seamless and secure experience for consumers.
3. Social Media - Verified social media platforms that offer greater transparency in online interactions and purchases could compete with existing social media giants and disrupt the industry.
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