We are living in the times where websites and the walled gardens make use of the social logins. Like if you have google, facebook, amazon and the other social media logins, you can use that to login to that website. This way you don't have to sign up to every site you visit.
And this has been the norm since the 2010 and that has made the social sites and the blogs a new way to login to the backend. And this was going on till the time when the web3 started showing the face into the world and has made changes to system.
Web3 wallets, dApps and the applications on the web are now started making use of the blockchain wallet and the mainstream login system is being crypto.
So how does the web3Auth and how does solution like this helps us?
Image Credit: web3auth
What is web3auth?
There are instances where you wish to login and want to keep the login data away from the application. And this can be done either by integrating using the social login. This has changed into the crypto wallet login systems too. There are many wallet systesm out there like walletconnect, binance, metamask etc can come under this wallets.
web3auth comes under that category. You can integrate their app into such type of the wallets. So you may find that in near future a lot of web3 content sites and the exchanges would be using the web3auth wallet. And the thing is that in near future we need more of such wallets but with some security support.
Wallet as a Service
There are plenty of wallets out there in the market. Like metamask is known for such type of the service. And as of now they are not charging us for the transactions. But in near future that would change and the wallets would be charging us for the service. Which is reasonable there.
You may find that web3auth, hivesigner, immuntable and many other wallets can be used with the games and the websites. This is not a norm as of now because the sites are being mellow on the password system. But they soon may change and also the wallet based authentication becomes new norm.
Flare Network teams up with web3auth
Data storage and the data in the blockchain has been under the zone of the startups ideas and a lot of enterprise are picking it up. And there are web3 apps and the apps which were used for learning from the data. So Flare was always in the lookout for wallets based data.
And now they are partnering it up with the web3auth. So that data through the network like this is being used for the collection and usage there. So in near future you may find that web3auth is going to be a provider for them in the blockchain services.
This partnership you can expect pushing wallet as a service in near future. And we are going to be adoption and the usage of the web3 based wallets. This would be pretty cool for the people who want to use such in the platforms.
web3auth can reduce the amount of the seed based wallet logins. It can improve the security across the platform deployment. Expect this wallet as a service competiting with other leading brands of the web3 wallets.