Hecto Wallet One Adds Support for Domestic Blockchain Testnets 'Giwa' and 'Maru'

Hecto Wallet One is expanding the scope of support for 'Octet' to include domestic blockchain networks.

On June 1, Hecto Wallet One announced that it will newly support the 'Giwa' and 'Maru' testnets in its wallet development API service, Octet. With Octet’s developer tools and API integration for each testnet, Web3 service developers can quickly implement and verify a variety of blockchain services—including transaction testing, smart contract deployment, and token transfers—without the need to build separate blockchain servers.

Giwa and Maru are mainnets being built by leading companies in the domestic digital asset ecosystem. They are gaining attention as next-generation digital financial infrastructure, including stablecoins. With the addition of these new supported networks, the total number of mainnets supported by Octet has increased to 24.

Octet is a digital asset wallet (wallet) infrastructure service that enables the easy and rapid development of complex blockchain node construction and management processes through APIs. Octet provides wallet creation, key management, asset monitoring, and other development, security, and management systems as Software-as-a-Service (SaaS), significantly reducing the initial development burden and lowering the entry barrier for Web3 businesses. According to Hecto Wallet One’s own data, the wallet development period, which would take 60 days if developed independently, can be shortened to around 5 days with Octet, and the required development personnel can be reduced to one-fifth.

Currently, Octet is being adopted by large financial institutions, virtual asset service providers (VASPs), and wallet-as-a-service (WaaS) operators, thanks to its strong security based on multisig (multi-signature) and multiparty computation (MPC) technology. Hecto Wallet One plans to further strengthen its position by expanding cooperation with major domestic financial and platform companies, providing an integrated suite of services ranging from global stablecoin infrastructure development to wallet services that comply with virtual asset regulations, all based on its differentiated blockchain technology.

A representative from Hecto Wallet One stated, "This support for the Giwa and Maru testnets is intended to help domestic companies preparing Web3 services develop innovative stablecoin-based offerings in a more stable and advanced environment." The representative added, "We will continue to expand the Octet infrastructure to set the standard for various financial and blockchain convergence services, including stablecoin payments and the embedded wallet 'OhHiWallet.'"

This content was produced with the assistance of AI translation services.