Exodus’ recently launched Pass Key Wallet, a new embedded wallet product, is set to transform user access to Web3.
During an interview with Cryptonews.com correspondent Matt Zahab, David Rising, Head of Product at Exodus, provided insights into the new offering, which promises to simplify the onboarding process and enhance security.
He said that the company has collaborated with “several design partners who have helped kind of iterate and sculpt this product into what we feel is a really good solution to help onboard more users into Web3.”
Users have historically faced challenges with mnemonic seed phrases and multiple verification steps, often hindering their full embrace of decentralized finance (DeFi).
The wallet directly addresses these issues.
Leveraging pass key technology, the wallet offers a seamless and secure onboarding experience.
With a single click, users can create their wallet and access it using biometric authentication, such as a thumbprint or face ID, similar to accessing any other mobile application.
This approach not only enhances security but also ensures ease of use across various devices, including desktops, Android, and iOS phones.
The Pass Key Wallet stands out for its developer-friendly integration. DApp developers can embed the wallet directly into their platforms with just one line of code and a 10-minute integration process.
“We have as you know a developer toolkit that goes with that gives our design Partners some choice and how they design for their customers.”
Beyond wallet creation, the Pass Key Wallet excels in facilitating easy on-ramps for users.
Previously, users had to rely on third-party providers for on-ramping, leading to trust issues and confusion.
The Pass Key Wallet integrates this
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