Ark Fi announces the launch of a new mobile application to allow broader access to an ecosystem of decentralized finance (DeFi) solutions for users who prefer, or are limited to, internet connectivity on a mobile device or cellular phone. The Ark Fi mobile application has been introduced as a Progressive Web App (PWA). A PWA is a more nimble way to provide a mobile application experience while providing access worldwide, even in areas where native operating system finance applications may be limited. The PWA will allow Ark Fi users to experience DeFi in an elegant, professional and engaging format.
Release of the mobile application comes on the heels of a successful launch December 18, 2022 of a full suite of DeFi yield products on the Binance Smart Chain (BSC). With the intent of increasing user adoption of the DeFi yield products and future utilities being developed by Ark Fi, the decentralized application (Dapp) introduced at the time of launch was redesigned and repackaged as a Progressive Web App (PWA).
People interested in downloading the free Ark Fi mobile application can visit: https://pwa.arkfi.io
A complete set of instructions are available for both Android (Chrome) and iOS (Safari) users to successfully install the application on their mobile device. Once installed, the user can connect a Web3.0 wallet using WalletConnect to access the various DeFi yield products Ark Fi has to offer.
A study conducted by Insider Intelligence shows the percentage of millenials who use mobile banking applications is 97%, with 89% of all consumers stating they use mobile banking apps for various purposes regarding financial management. Convenience and a growing trust in engaging with financial products through a mobile device is fueling the adoption across all demographics. Mobile applications can also serve the $1.4 billion unbanked population in emerging economies where mobile phones have become ubiquitous.
Providing a decentralized mobile application is unique to the DeFi yield industry and has been historically reserved for centralized exchanges or larger Fintech providers funded by venture capital. Ark Fi is solely funded by a community of DeFi enthusiasts and achieving this ambitious launch is testimony to the capability of the Ark Fi development team. “Through the mobile application we’ll reach a new and growing audience around the world who are seeking options away from traditional finance solutions”, explains Atlas, Ark Fi’s lead developer. He continues, “Our mission is to bring DeFi to the masses by streamlining how users interact with our high yield products and future utilities on mobile devices.”
Shortly after launch of the PWA, Ark Fi will be re-introducing the desktop and mobile Dapp to closely match the updated design of the PWA. The next phase of the Ark Fi project is focused on increasing user adoption while generating revenue for platform stakeholders. To accomplish this, Ark Fi is developing a suite of utilities that increase access to decentralized finance and allow users to “become their own bank”.
People interested in accessing the Dapp from a desktop computer or mobile phone browser, please visit: https://app.arkfi.io
Ark Fi is an innovative fintech group focused on providing decentralized software applications and EVM contracts that interact with blockchain platforms such as Binance Smart Chain (BSC). The Ark Fi ecosystem of high yield applications (Dapps) are designed to be disconnected from the volatility of traditional markets and provide a source of passive income for its’ global community of users. Ark Fi aims to develop decentralized finance applications and utilities that are inclusive, sustainable and scalable across blockchains.
Inquiries can be made on the Official Ark Fi Telegram channel: https://t.me/officialARK
Nothing in this press release is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research, or consult a licensed financial advisor or broker before making any and all investment decisions.
Media Contact
Company Name: Ark Fi
Contact Person: Atlas Ark
Email: Send Email
Country: United States
Website: https://www.arkfi.io/