The Future ofSmart Wallets

PRAK is a next-generation smart wallet that combines security, convenience, and innovation to solve the most common problems in digital finance. Experience the power of Web3 with unparalleled security and control.

Common Problems with Traditional Wallets

Today's digital wallets fall short in several key areas, creating frustration and security risks for users.

Security Vulnerabilities

Without multi-signature options, users are more likely to lose their money if their account gets hacked. If only one person can control the funds, it makes it easy for a thief to take everything. This lack of security can make users feel unsafe about storing their money in the wallet. Additionally, when multiple people need to manage money together, it can lead to disagreements if there's no shared control.

Manual Payment Hassles

Without auto payment features, users have to remember to pay their bills on time. This can lead to missed payments and late fees, which can be frustrating and costly. Keeping track of payment deadlines adds extra stress to managing finances. Also, not having automatic payments makes it harder for users to stay organized and can make using the wallet feel less convenient.

Excessive Transaction Fees

Without batch transactions, users end up paying more in fees because each transaction costs money. This can add up quickly, especially for those who make many payments. The process of handling each payment one by one takes more time and effort, which can be tiring. Moreover, doing things manually increases the chance of making mistakes, like sending the wrong amount or choosing the wrong person to pay.

PRAK Smart Wallet Solutions

Our innovative features address common wallet problems, providing a secure, efficient, and user-friendly experience.

Multi-Signature Functionality

Enhanced security requiring multiple approvals for transactions, reducing the risk of unauthorized access and providing shared control. Perfect for businesses, families, or any group that needs to manage funds together securely.

Auto Payment

Schedule recurring payments for bills, subscriptions, and services, ensuring you never miss a payment deadline. Set it once and forget it, with customizable payment schedules and notification alerts before each transaction.

Batch Transactions

Process multiple transactions in a single operation, saving on fees and time while reducing the chance of errors. Perfect for paying multiple vendors, distributing funds, or managing regular payments to different recipients.

Web3 Integration

Seamlessly connect with decentralized applications through an intuitive interface with enhanced security. Access DeFi platforms, NFT marketplaces, and other Web3 services directly from your wallet.

Blockchain Technology

Secure, transparent, and immutable transaction records that enhance trust and accountability. Every transaction is verified and recorded on the blockchain, allowing you to track and verify your activities with confidence.

Smart Contracts

Automate processes and execute transactions based on predefined rules, reducing manual intervention and errors. Create complex agreements that trigger actions based on specific criteria, such as time or events.

Non-Custodial Features

Retain complete control over your private keys and funds, minimizing reliance on third parties and enhancing security. Your funds remain in your control at all times, reducing the risk of hacks or theft.

Cryptocurrency Support

Manage and transact with multiple cryptocurrencies, with easy conversions and real-time tracking. Support for Bitcoin, Ethereum, and other major cryptocurrencies, with seamless swapping between different digital assets.

Detailed Feature Breakdown

Explore the powerful capabilities of PRAK's smart wallet technology in detail

Multi-Signature Functionality

PRAK's multi-signature functionality requires multiple approvals for transactions, significantly enhancing security and providing shared control over funds.

This feature is particularly valuable for businesses, families, or any group that needs to manage funds together securely.

With multi-signature, you can set custom approval thresholds, such as requiring 2 of 3 or 3 of 5 signatures for transaction approval.

Each authorized user receives notifications when a transaction is initiated, allowing for transparent and collaborative financial management.

The multi-signature dashboard provides a clear overview of pending approvals, transaction history, and user permissions.

Key Benefits:

Prevents unauthorized access even if one key is compromised
Enables shared financial management for organizations
Reduces single points of failure in security
Creates accountability through distributed control
Provides peace of mind for high-value transactions

Auto Payment System

PRAK's auto payment feature automates recurring transactions, allowing you to set up payments for various services without needing to remember deadlines.

This functionality is particularly beneficial for managing subscriptions and utility payments, ensuring that you stay current with your financial obligations.

You can customize payment schedules with flexible frequency options: daily, weekly, monthly, or custom intervals.

Each scheduled payment can be reviewed and modified before execution, with the option to pause or cancel at any time.

Comprehensive payment history and analytics help you track spending patterns and optimize your financial planning.

Key Benefits:

Eliminates late fees and service interruptions
Reduces time spent on manual payment processing
Provides payment confirmation receipts automatically
Allows budget forecasting with scheduled payment calendar
Supports variable payment amounts for fluctuating bills

Batch Transactions

PRAK's batch transaction feature allows you to process multiple transactions in a single operation, enhancing efficiency and reducing costs.

This feature is ideal for businesses paying multiple vendors, individuals managing regular payments to different recipients, or anyone looking to streamline their transaction process.

The intuitive batch creation interface lets you add multiple recipients, customize amounts, and review the entire batch before submission.

Advanced scheduling options allow you to create and save batch templates for future use, further streamlining regular payment processes.

Detailed transaction reports provide comprehensive information about each batch, including success status, fees saved, and delivery confirmation.

Key Benefits:

Reduces total transaction fees by up to 80%
Saves time by processing multiple payments at once
Minimizes the risk of errors through batch validation
Provides unified transaction records for easier accounting
Supports cross-currency transactions within a single batch

Non-Custodial Security

PRAK's non-custodial approach ensures that you retain complete control over your private keys and funds at all times.

This design minimizes reliance on third parties and significantly enhances security by eliminating central points of vulnerability.

Your private keys are encrypted and stored locally on your device, with optional hardware wallet integration for maximum security.

Advanced recovery options include seed phrase backup, social recovery through trusted contacts, and encrypted cloud backups.

Regular security audits and open-source code ensure transparency and continuous improvement of security measures.

Key Benefits:

Eliminates the risk of exchange or platform hacks
Provides full ownership and control of your assets
Ensures privacy by keeping transaction data private
Removes counterparty risk associated with custodial services
Allows seamless integration with hardware wallets for cold storage

Meet Our Team

The talented individuals behind PRAK's innovative smart wallet technology

Loy Somaly

Nhem PanhaVisal

Hun Thida

Pheng Sreynich

Yean Devit

Yen Sokre

Get In Touch

Have questions about PRAK? We're here to help.

Ready to get started?Experience the future of smart wallets today.

Join thousands of users who have already transformed their financial management with PRAK. Our secure, feature-rich platform is ready to revolutionize how you handle digital assets.