Particle Network Integrates Wallet Abstraction with peaq to Simplify Web3 Onboarding
6/13/24
By:
Ajitha
Particle Network Integrates Wallet Abstraction with peaq to Simplify Web3 Onboarding
What is Happening?
Particle Network is bringing its Wallet Abstraction solution to peaq, empowering DePINs to easily onboard Web2 users through existing email and social accounts, and integrate non-custodial wallets straight into their dApp’s interfaces.
Why is it Important?
This integration will empower DePINs on peaq to easily onboard Web2 users through existing email and social accounts, and integrate non-custodial wallets straight into their dApp’s interfaces. This will help the community grow and expand beyond Web3-natives, bringing peaq and its DePIN ecosystem to millions of potential users across the globe.
The Art of Abstraction
Even though Web3 is steadily growing in popularity, there are still major obstacles preventing its mainstream adoption. The lack of an easily-accessible and user-friendly way to interact with Web3 dApps, regardless of the chain they’re built on, is a significant barrier for Web2 users. Particle Network is solving the user fragmentation issue through chain abstraction, allowing users to interact with multiple blockchains and dApps through a single account.
Simplifying Web3 Onboarding
Particle Network is bringing the power of abstraction to peaq by integrating its Wallet Abstraction functionality onto the network. Particle’s Wallet Abstraction is a modular wallet solution designed to help Web3 builders seamlessly onboard Web2 users to their dApps. This integration will ensure a unified and familiar UX for all of peaq’s DePINs, enhancing their mass appeal as they compete with centralized rivals.
Boosting DePIN Adoption
The integration of Particle Network’s Smart WaaS into peaq’s ecosystem is a game-changer. It allows users to access a dApp through existing email or social accounts and lets developers embed non-custodial wallets right into their dApp’s interface. Teneo, Silencio, and XMAQUINA are already working on integrating Particle Network’s Smart WaaS into their dApps, promising a more accessible and user-friendly experience for all.
Final Thoughts
Pengyu Wang, CEO of Particle Network, stated, “With our Smart Wallet, joining a DePIN on peaq becomes as trivial as logging into a regular Web2 app. This is only the beginning. As we further deploy chain abstraction infrastructure, any user from any chain will be able to access DePIN dApps, allowing for truly borderless adoption.”
Till Wendler, co-founder of peaq, added, “The Particle integration brings the accessibility of DePINs building on peaq to a whole new level. By making DePIN onboarding as easy as logging into a Web2 app, peaq and Particle are setting the stage for a tsunami of DePIN adoption.”
#Blockchain #Web3 #DePIN #CryptoInnovation #DePINWorld
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