The Exodus Passkeys Wallet allows users to set transaction limits while ensuring they have full control over their assets.
Exodus, a leading software self-custodial wallet for cryptocurrency, is expanding its ecosystem with a new solution that lets users integrate the wallet into any application.
Exodus Movement, the U.S.-based company behind the Exodus wallet, announced on July 9 the launch of the Exodus Passkeys Wallet.
This new tool enables users to create and fund their embedded wallet directly in any platform or application, aiming to enhance Web3 onboarding and the integration of decentralized applications (DApps). The product can also be used as a standalone application.
Simplified Wallet Integration
With the Passkeys Wallet, developers and users can create and fund an embedded wallet directly within their chosen application. The process does not require users to enter seed phrases, use browser extensions, or undergo email verifications, significantly simplifying the integration process.
“With just one click, users can create their wallet, or ‘Passkey,’ and seamlessly connect to an application, able to market-integrate in less than 10 minutes, with just a few lines of code,” said Exodus co-founder and CEO JP Richardson.
Enhanced Security and User Control
Despite simplifying wallet integrations across DApps, Exodus ensures that users retain complete control over their assets in a secure ecosystem.
The Exodus Passkeys Wallet is built using Multi–Party Computation (MPC) technology, enhancing security by distributing private key control across multiple parties. The wallet also allows for transaction limits while maintaining self-custody.
Additionally, the Passkeys Wallet supports Ethereum Virtual Machine (EVM), Bitcoin, and Solana, providing users with flexibility and access to diverse blockchain ecosystems and DApps.
Summary Review: The introduction of the Exodus Passkeys Wallet represents a significant step forward in simplifying cryptocurrency management and integration. By eliminating the need for seed phrases and complex verification processes, Exodus is making it easier for users to control their crypto assets securely and efficiently across various applications. This innovation is likely to boost the adoption of Web3 and decentralized applications, paving the way for a more integrated and user-friendly digital asset ecosystem.
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