By using the MasterBitExpress Wallet, the user can send and receive funds seamlessly. The wallet uses the Bitcoin infrastructure, accomplishing the required steps for delivering and for receiving the inherent funds through the defined transactions.
With its internal engine, a User of MasterBitExpress Wallet can, with few clicks, generate an externally stored BackUp of his/her Wallet so that the backup can be securely stored, e.g., within a safe box.
With its internal engine, a User of MasterBitExpress Wallet can, with few clicks, recover from an externally stored BackUp of his/her Wallet so that the Wallet can be securely recovered, e.g., from a thumb drive from within a safe box.
MasterBitExpress Wallet functionality is constructed on the Bitcoin Technology. This technology contains an infrastructure for registering the history of Bitcoins flux from the very beginning, which has started with the groundbreaking paper of Satoshi Nakamoto and its inherently successful proof of concept that led to the beginning of Bitcoin. This flux remains registered within a sequence of blocks that must be previously approved via a consensus mechanism that includes an important part of the distributed technology, the miners. The Blockchain is a ledger for registering the correct history of Bitcoins, providing an extremely secure mechanism for registering transactions.
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