CHINA CREATES MOBILE SECURITY COMPANY CRIPTOMONEDAS PORTFOLIO

China's largest Internet provider announced the launch of a cryptocurrency portfolio for mobile devices.

Cheetah Mobil launched the SafeWallet portfolio, an application that, as explained in a press conference, has a user-friendly interface and a three-level security system (System that makes it very secure).

This system is deployed through three areas:

• User behavior

• internal security of the device

• The correct handling of cryptoactives, which are bitcoin, chips ERC-20 and ether. Later, other cryptocurrencies will be added.

In this application you can receive and send cryptoactives as well as create various portfolios and import them in different formats.
They specify that the portfolio has a commission calculation algorithm aimed at both reducing the amounts to be paid for carrying out transactions and the confirmation time thereof. In addition, it has a real-time (exact) updated price display of cryptoactives.

Edward Sun - Vice President of Cheetah Mobile

Ensures that the entry of Cheetah Mobile to the Blockchain industry represents for us a great milestone in a similar way to our Artificial Intelligence strategy, we are very committed to focus on the front of technological trends. Mobile security for assets is an area in which we believe we can have a high impact.

This SafeWallet application can be found on Google Play to be installed on the Android system. Soon they will release a version of the portfolio to install it on iOS. And still be very used by all / as.

Cheetah is one of the largest mobile companies in China, also has a vision of global reach, he says. They currently have 100 million customers of their computer security services for mobile devices. In May 2014, it was listed on the New York Stock Exchange.