Olayemi Meso

Founder at Humanitarian Hub || Web3Nonprofit

DIFFERENT TYPES OF BLOCKCHAIN WALLETS The way we handle and store our digital assets has been completely transformed by blockchain technology. Blockchain wallets, which allow users to safely store, send, and receive cryptocurrencies and digital assets, are at the heart of this revolution. I explore below the various types of blockchain wallets, each designed to cater to different security preferences, access methods, and use cases. 1) Software Wallets a) Hot Wallets: These are software wallets that are connected to the internet. They are convenient for daily transactions and are often used on smartphones and computers. E.g mobile wallets and desktop wallets. b) Cold Wallets: Cold software...