Bitcoin and Lightning Network service provider Synonym jointly released a new BTC-centric mobile wallet, aimed at improving the user experience for holders of the flagship digital currency. 

Specifically, the freshly rolled out wallet is also believed to widen the scale of Web3 adoption without being dependent on convoluted blockchain applications.

Synonym reportedly disclosed details of its mobile Bitcoin wallet, going by the name “Bitkit”, during the PlanB Forum in Lugano, Switzerland on Oct. 29. 

The wallet offers supporting features for BTC and Lightning Network payments with a self-custodial node and encrypted backup service, which users can take advantage of without any associated fee. Bitkit is being introduced as a limited public beta app for both Apple and Android devices.

The Bitkit app is currently operated by Slashtags, a Bitcoin cryptographic seed that issues keys and equip users with simultaneous control over their data and money. 

Via Slashtags, Synonym shares a belief that Bitkit will operate Web3 “without using a blockchain at all.”

Paolo Ardoino, who is the current Synonym’s chief strategy officer, additionally revealed that the freshly introduced app would offer assistance in promoting “hyperbitcoinization,” a term used to talk about a future state where Bitcoin is more widely used as a default value and payment system.

The release of Bitkit is also in line with the roll-out of Blocktank Instant, a Synonym-led service that makes it possible for cryptocurrency exchanges to onboard users to Lightning Network without having to run Lightning infrastructure or find extra developers.

“What we do at Synonym […] is try to show how we position Bitcoin in the world without having to use blockchain as some magic fairy dust. […] You can do all the things of Web3, and in the future, we’ll also show how you can do things with tokens without the blockchain at all.” Synonym CEO John Carvalho claimed that his company is fast-tracking real-world use cases for Bitcoin without the “magic fairy dust” of blockchain.