Most digital currency wallet products focus on individual or small B customers, and have not taken into account the functional requirements of corporate customers.

Recently contacted by OdailyAchieve and Love Technology Co., Ltd.After research, CEO Wang Longxing found that when companies conduct digital currency transactions, they often use personal digital wallets, and multiple people sign together to complete the authentication. Not only is the efficiency low, but it also adds some troubles. If one person leaves the job, the wallet account needs to be canceled in time and then re-registered.

Wang Longxing believes that the prerequisite for the wider use of smart contracts is that each company has a corporate account dedicated to digital currency.

Compared with personal wallets, there are three main differences in the public wallets of "Bipay" developed by Ai Technology Co., Ltd.:

• authority management. Company decision makers can assign different permissions to different members according to financial security needs. The role of "Bipay" is similar to that of a bank, adopting a centralized solution to host customers' private keys.

• Data analysis, including changes in daily cumulative transaction volume, expenditure and income analysis, customer attributes and the proportion of new and old customers, etc. These data will be used to assist business decision-making.

• Bulk transfers. Many projects will transfer funds to hundreds of addresses at a time during airdrops. The common practice before is to use personal wallets to operate one by one, which is time-consuming and labor-intensive, and when Ethereum is congested, the handling fee is high. The one-click transfer function developed by "Bipay" is called "a fool's machine" by Wang Longxing. Customers only need to upload the address and transfer amount to realize batch transfer, and the program will automatically find the lowest handling fee to operate.

At present, the high concurrency solution designed by Yuai Technology Co., Ltd. can process 300 transactions within 1 minute and save more than half of the handling fee.

According to reports, Realize and Love Technology Co., Ltd. has 44 corporate customers and completed 40,000 transactions.

So, why are customers willing to hand over their assets to centralized companies?

Wang Longxing believes that the user experience of centralized solutions is better; "Bipay" also provides guarantee and compensation for enterprises. In terms of security, the "Bipay" plan adopts cold and hot isolation, and stores the payment password and private key separately.

"BiPay" is currently free. Wang Longxing said that the most important thing at present is to occupy the market and form word-of-mouth; in the later stage, it will make profits through advanced functions.

Realization and Love Technology Co., Ltd. has completed an angel round of financing of 3 million yuan, and the capital is Xianfeng Changqing and Bopai Capital.

There are 5 people in the team. Wang Longxing, who started his business in 2003, has rich experience and resources in corporate services. He used to be the product manager of Sina Weibo.

(I am Yannan, a reporter from Odaily. I am exploring the real blockchain. Please add WeChat nangua421262 for breaking news and communicating. Please note your name, unit, position and reason.)