Isometric has launched Wallets, a simpler way for buyers, suppliers, and intermediaries to organize and manage their certificates. Wallets work like bank accounts, where users can easily move certificates between their own custom wallets, whether they're earmarking certificates for spot purchases or preparing them for retirement.
Up to now, each user's certificates were held in a single account, meaning any further management had to happen in spreadsheets. Isometric built Wallets to give certificates the kind of dedicated accounts people expect from other financial assets.
Every Registry user now starts with a default wallet, where all new and existing certificates are held. From there, users can create as many custom wallets as they need and instantly move certificates between them. This makes it easy to set aside certificates for specific buyers, spot purchases, or retirement.
For intermediaries, like marketplaces, this makes managing certificates for dozens of buyers easy, with individual wallets for each end buyer, so allocation is simple ahead of delivery or retirement. Each wallet also has a fixed external ID, so intermediaries can match it against their own records.
“Managing certificates for dozens of end buyers is much easier when each one has their own wallet. We can create as many as we need and structure them by buyer, by purchase, or by delivery date,” said Brian O’Malley from Patch.
Wallets are available now to all Isometric users through the Registry via the certificates page.
