The CANNA wallet is non-custodial, allowing users full control over their keys, and their funds. The issue of custody over funds is a well-known pain point in crypts, due to the unexpected regulatory landscape changes including unforeseen centralised exchange closures or hacks which may result in a loss of funds. The signing of transactions in the CANNA wallet through private keys and blockchain technology helps safeguard funds in the wallet.
The blockchain-powered CANNA wallet is a mobile wallet that supports cryptocurrencies in multiple networks such as ETH/xDAI/BSC. It provides a secure encrypted system that makes it simple to store cryptocurrency with additional functions to view collections of NETS (Non-Fungible Tokens). It allows users to manage token addresses for quicker trans-actions including trading and access to DApps (decentralised applications).