Ren, an open protocol that enables the permissionless transfer of value between any blockchain, has announced that Pillar Wallet has integrated RenVM via RenJS. With the integration, Pillar Wallet users can now easily convert BTC directly to WBTC (and soon renBTC).
Pillar Wallet lets users set up smart wallets, which are wallets users can recover in case they lose their seed, by assigning recovery agents during setup. It also allows users to set spending limits, which adds protection in case an unauthorized person gets access to a user’s wallet, as they would be unable to withdraw more than the daily spending limit, giving the user time to recover it.
“It’s been a pleasure working with the Pillar Wallet team. Over the coming months we’ll continue collaborating to provide a great user experience for their users and potentially add more assets to the platform, so stay tuned! Onwards and upwards.”
– Michael Burgess, COO of Ren