The PCM Wallet
The PCM Wallet is a secure digital wallet that acts as the entry point to the PiChain Global ecosystem, which will provide access to an ever-expanding range of products and services. The PCM Wallet is designed to provide a safe and fast payment method while ensuring users’ financial security and privacy protection during transactions. We believe that this innovative PCM wallet payment transaction system will bring much-needed convenience to blockchain token payments.
The PCM wallet leverages a non-custodial wallet platform that enables users to create Web3 accounts using Web2 entry points such as email, mobile phone numbers, or social accounts. The wallet will store cryptocurrency, such as the native PCM tokens.
In addition to the intuitive UX, the payment platform that underpins the PCM Wallet provides both security and efficiency to the users:
Security: The payment system ensures that every transaction is traceable by calling the blockchain payment system interface; the PCM token payment system uses advanced cryptography technology to ensure transaction security and tamper resistance.
Efficiency: By leveraging a robustly distributed blockchain technology, on-chain transactions are executed quickly, and payment confirmation time is short, allowing the user's transaction experience to be in line with current Web2 expectations.
Therefore, while the signup and login experience will be familiar to Web2 natives, the features offered by the wallet secured by a private key offer those Web3-native advantages. Furthermore, users can store their coins in the PCM wallet, or initiate a withdrawal to their existing Pi Wallet.
Fiat access point
The PCM Wallet will integrate with third party gateway payment providers to simplify bringing fiat into the ecosystem. These flexible payment solution provide users with more choices. By integrating with solutions that bridge the gap between cryptocurrencies and Web3 services, we can enable mainstream Web2 audiences to use fiat payments while enjoying the new experience provided by Web3 shopping.
The platform, through its third party gateway payment providers, will provide fiat on- and off-ramps, ensuring customers can access a legal currency payment platform. This partnership also enables users to directly access various payment channels to exchange cryptocurrencies without going through OTC/exchanges, greatly reducing the cost of deposits and withdrawals.
An ecosystem entry point
At launch, the wallet will be compatible with, and provide access to, the:
Successful and established ecommerce system, PiChain Mall
Digital assets exchange, PiNFT ART: allowing users to complete order placement, payment, refund, asset storage, and copyright fee payment for NFTs
Store data management system, PiFind
Gaming apps such as PiSnake
It will do so by supporting payment in PCM tokens and other cryptocurrencies. Support for further stable coins will be introduced in the future. As the ecosystem grows, third-party dApps will onboard into PiChain Global to integrate with the PCM wallet.
In addition to supporting dApp payment transaction modules and asset storage, the wallet system can be called in dApps to support accounting operations.
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