O3 Labs has released an update to it’s mobile wallet that will allow users to trade on the Switcheo Exchange directly through the application. It also includes an updated UI with a robot assistant and more useful marketplace features. The O3 wallet was NEO’s first available mobile wallet, and is available on iOS and Android.
Trading functionality is enabled through O3’s new dApp browser, which allows web apps to send requests for transaction signatures to the user device, to be handled by the O3 app. This is part of O3’s vision to become “a gateway that provides access to the smart economy.”
Switcheo Exchange is the first dApp to utilise the O3 dApp browser, allowing users to trade directly from their O3 wallet in a decentralized manner. Users will be able to navigate to the marketplace, select “Trade now on Switcheo” and then login to the exchange with the “Connect to O3 Wallet” button to begin trading.
When asked about the integration upon its announcement in July, Apisit Toompakdee, co-founder of O3 Labs told NEO News Today:
“We had a chance to meet with the Switcheo Team while they were in Tokyo to continue our conversation about the integration. We are excited about what the Switcheo Team has built and is building. This integration will enable our users to log in to Switcheo and trade directly from their mobile wallet, fullfilling many support requests we have received from our users. We are glad to partner with a like-minded company like Switcheo. We always strive to provide our users the best user experience and our partnership and collaboration with Switcheo is part of that.
As O3 continues to expand our product and service range, we look to implement features that really let users get a feel of the Smart Economy. By building a dApp platform/browser we will enable O3 users to interact with existing and upcoming decentralized applications (dApps) on the NEO blockchain directly from the app. This will also make it easier for developers who want to build decentralized applications to integrate and get people to use their dApp, hopefully increasing adoption and use of the Smart Economy as a whole.”
Switcheo currently lists 22 NEP-5 tokens and is “focused on delivering an intuitive trading experience with minimal fees, without compromising the benefits of having complete control and custody of users’ funds at all times through a trustless and decentralized trading environment.” Switcheo recently launched its V2 exchange featuring trading APIs, a user interface upgrade for compatiblity with mobile devices, and instant trade confirmations. It aims to become the first cross chain decentralized exchange and plans to support QTUM, Ethereum, and potentially Zilliqa and EOS tokens in the future.
O3 Labs has recently made various other product upgrades, such as support of the Ontology MainNet, verified addresses, and implementation of NEP-9 functionality to enable QR codes and payments. O3 has also held exclusive airdrops for wallet users, partnering with NKN, Alchemint and FTW to distribute tokens.
The O3 app can be downloaded from the iOS and Android store from the below links.
More information on O3 and Switcheo can be found at the links below: