A mobile wallet for blockchain-based apps
For engineering college batchmates Abhimanyu Shekhawat and Akshit Ostwal, the COVID-19 pandemic presented an opportunity.
With no offline classes to attend at JECRC University, Jaipur, the two developers decided to use their time to build new products.
Abhimanyu, who specialised in blockchain development, and Akshit, who was into mobile apps and Flutter development, started building a mobile wallet for users to access Decentralised Finance (DeFi) apps in a simple manner.
“Akshit and I had seen transactions on the Ethereum blockchain were expensive and time-consuming. There was also limited infrastructure on Polygon and other Layer-2 solutions, which meant users had no mobile app experience for DeFi. So in December 2020, we started building Orange Wallet to address these problems,” says Abhimanyu, Co-founder at Orange Wallet.
The duo received a grant from Polygon (they did not disclose the amount) to build the codebase and take Orange Wallet live as a mobile wallet for Polygon, with support for wallet connect, staking, and DeFi.
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“We will proactively look at including more sidechains and Layer 2 networks in Orange Wallet. So from a Polygon-focussed wallet we aim to become a Layer 2-focused product.”