This One Update in PiNaira Bank v1.1.0 Will Completely Transform Your Web3 Banking Experience

PiNaira Bank, the world’s first digital bank built on the Pi Network, has just released its most significant upgrade yet. Version 1.1.0 introduces robust security enhancements, a more intuitive Pi Username login, and seamless multi-asset management—features designed to meet the evolving needs of Pioneers worldwide. As the broader Pi ecosystem prepares for its Open-Mainnet phase, this update lays the groundwork for mainstream Web3 adoption by delivering professional-grade banking services directly to mobile devices.

Enhanced Security That Puts Pioneers First Security remains the top priority for PiNaira Bank, and v1.1.0 raises the bar. The new release integrates device-binding technology that ties each account to a registered smartphone and SIM card, making unauthorized access virtually impossible. In addition, all sensitive data—including transaction histories and wallet keys—is now protected with end-to-end encryption. Biometric authentication options, such as fingerprint and facial recognition, have been refined to reduce login friction while maintaining military-grade protection. These measures ensure that Pioneers can manage Picoin, other cryptocurrencies, and future digital assets with confidence.

Streamlined Pi Username Login for Instant Access One of the most celebrated features in version 1.1.0 is the revamped Pi Username login. Previously, Pioneers relied on lengthy public addresses or email-based credentials. The new system enables quick, memorable Pi Usernames—unique aliases that serve as both login IDs and on-chain identifiers. Coupled with One-Time Passcodes delivered via SMS or in-app push notifications, this solution balances convenience with rigorous security protocols. Pioneers can now switch devices or recover accounts without cumbersome seed-phrase imports, significantly lowering the barrier to entry for less tech-savvy users.

True Multi-Asset Digital Banking on Your Phone Beyond Picoin, the updated PiNaira Bank app now supports multiple digital assets natively. Version 1.1.0 introduces wallet integration for Ethereum, Bitcoin, and several ERC-20 tokens, enabling Pioneers to view account balances, track performance, and execute peer-to-peer transfers—all within a single interface. Traders can place limit and market orders directly in-app, while developers gain access to a public API for building DeFi and NFT utilities. This multi-asset capability transforms the app from a Pi-only wallet into a comprehensive Web3 banking platform.

Professional Features Fueling Web3 Growth PiNaira Bank’s transition toward institutional-grade services continues with the launch of integrated invoicing, merchant APIs, and batch payment tools. Small businesses within the Pi Network can now generate digital invoices denominated in Picoin or fiat-pegged stablecoins, automate payroll disbursements to employees’ PiNaira accounts, and reconcile transactions via downloadable CSV reports. For heavy users, priority support channels and customizable transaction limits further professionalize the experience, positioning PiNaira Bank as a true challenger to legacy financial systems.

Seamless On-Ramp and Off-Ramp Services Version 1.1.0 also expands on-ramp and off-ramp options. Pioneers in supported jurisdictions can now convert Picoin and other cryptocurrencies into local fiat currencies through partnered payment processors and prepaid virtual cards. Conversely, users may fund their PiNaira wallets via bank transfers, debit cards, or third-party stablecoin deposits. Real-time exchange rates and transparent fee schedules ensure that every conversion remains predictable—critical for freelancers, cross-border remittances, and global commerce.

Deep Integration with Pi Network’s Ecosystem As Pi Network gears up for its Open-Mainnet launch, PiNaira Bank v1.1.0 plays a pivotal role in bridging the on-chain and off-chain worlds. The app’s native support for Pi Network’s consensus mechanism means that Pioneers can stake Picoin directly from their banking interface, earn network rewards, and participate in governance votes without leaving the platform. Developers building on Pi’s SDKs can invoke PiNaira APIs to power loyalty programs, subscription services, and decentralized autonomous organizations, amplifying Web3’s modular, composable vision.

Global Rollout and Local Partnerships PiNaira Bank has already secured regulatory approvals in select markets, enabling a phased global rollout. Localized user interfaces, multi-language support, and region-specific onboarding flows cater to diverse Pioneer communities in Africa, Asia, Latin America, and beyond. Strategic partnerships with regional payment gateways and merchant networks underpin PiNaira’s mission of financial inclusion—empowering unbanked populations to access savings, credit, and micro-financing with only a smartphone.

Community-Driven Roadmap and Open Development The v1.1.0 release exemplifies PiNaira Bank’s commitment to transparency and community input. All feature priorities and bug fixes are tracked publicly on GitHub, where Pioneers submit proposals, vote in quarterly governance polls, and contribute code under an open-source license. Biweekly developer livestreams highlight upcoming milestones and field questions from users. This collaborative model not only accelerates innovation but also ensures that the app evolves in lockstep with the Pi Network’s ethos of decentralization.

Education and Support for New Pioneers To accompany the technical upgrade, PiNaira Bank has launched a comprehensive learning portal. Interactive tutorials guide newcomers through setting up Pi Usernames, enabling multi-factor authentication, and executing their first Picoin transactions. Webinars led by veteran Pioneers cover topics ranging from crypto taxation to advanced trading strategies. A 24/7 multilingual support team stands ready via in-app chat, email, and community forums—bridging the gap between traditional banking service and tomorrow’s Web3 paradigm.

Looking Ahead: The Road to Open-Mainnet PiNaira Bank v1.1.0 is the keystone of a broader strategy leading to Pi Network’s Open-Mainnet era. Future updates will introduce non-fungible token (NFT) marketplaces, decentralized lending protocols, and cross-chain liquidity pools. As on-chain governance and institutional custody solutions mature, PiNaira Bank will integrate trust-minimized escrow, smart-contract insurance, and programmable payment channels. Each enhancement brings the Pi ecosystem closer to fulfilling its promise: a secure, inclusive, and user-centric financial network accessible to anyone, anywhere.

Dear Pioneers @EfePiCrew, we're thrilled to announce the release of PiNaira Bank v1.1.0! Enjoy enhanced security, an improved Pi Username Login, and a multi-asset digital banking platform. @efenexuspi, explore the latest version today and elevate your banking experience! pic.twitter.com/DARtumzHzV

— PiNaira Bank (@appPiNairaBank) July 13, 2025

Conclusion The release of PiNaira Bank v1.1.0 marks a watershed moment for Pioneers and the broader Pi Network community. With fortified security, effortless Pi Username login, and full multi-asset support, the app transcends basic crypto wallets to become a bona fide Web3 banking platform. As the Pi ecosystem accelerates toward its Open-Mainnet rollout, this update ensures that Pioneers worldwide have the tools, trust, and technical foundation to lead a new era of decentralized finance.

Disclaimer The articles contained on the JituMaster website are provided for informational purposes only and are not intended as an invitation or recommendation to invest. Jitumaster is not responsible for investment decisions made based on information from this site. All risks arising from the actions of the reader are entirely their own responsibility, and Jitumaster has no involvement or responsibility for any losses that may occur.

Disclaimer 

The articles contained on the JituMaster website are provided for informational purposes only and are not intended as an invitation or recommendation to invest. Jitumaster is not responsible for investment decisions made based on information from this site. All risks arising from the actions of the reader are entirely their own responsibility, and Jitumaster has no involvement or responsibility for any losses that may occur.