Embedded wallets: Web2 experience, Web3 security

The road to Web3 is still paved with many roadblocks, starting with complex digital wallets. For some, they are confusing and frustrating.

Apillon

Sep 11, 2024 • 4 min read

The road to Web3 is still paved with many roadblocks, starting with complex digital wallets. For some, they are confusing and frustrating — but they don’t need to be!

Web3 is changing how we think about and interact with digital assets. The bridge from Web2 can sometimes mean dealing with complex processes, so simplifying the onboarding should be the first step to ease that transition.

After all, even the most user-friendly Web3 functionalities and services are meaningless if the entry point to Web3 is too tricky to navigate.

That’s where Apillon’s embedded wallets come in. This technology is making it easier than ever to access blockchain. So, let’s break it down and see what’s what.

What’s stopping mass adoption?

Web3 has excellent potential and promises great benefits, but it’s not always easy to use. If you’ve ever tried setting up a digital wallet, you know the process can feel overwhelming. The most common barriers:

Pre-dapp struggles: Choosing a wallet, setting it up, and managing private keys takes time, effort, and sometimes even money. It’s a learning curve, right? And all of this happens before you even start using a dapp or two.
Old habits die hard: We’re used to easy logins like Google or Facebook when exploring new apps. Sure, these methods come with privacy risks, centralized control, and data breaches, but they’re effortless, and people aren’t willing to give them up.
Web3 login complexities: While tools like MetaMask and WalletConnect are popular in Web3, they’re not for everyone. The complexity and unfamiliar terms can be overwhelming, especially if you don’t fully grasp the process.

All these factors make Web3 a tough sell for users who aren’t crypto- or tech-savvy. It’s time to simplify the experience.

Yes, the term “wallet” usually makes us think of something entirely different from a login method. But, just like our physical wallets hold more than just money — like ID cards, loyalty cards, and library memberships — Web3 wallets serve multiple purposes, too.

That said, when a product delivers a seamless user experience, its name or underlying technology doesn’t matter.

Front-row fun, backstage blockchain

Embedded wallets, also known as Wallet-as-a-Service (WaaS) are a game-changer. These wallets can be built directly into your dapps or websites, eliminating the need for complex setup processes.

Instead of dealing with private keys and seed phrases, your users will log in using something as simple as your email and a code. The wallet handles all the complex stuff in the background, making Web3 access as easy as logging into your social media account.

Here’s why embedded wallets are the future:

No third-party custody: Without relying on outside service, users can control their own authentication methods by adding various passkeys or email login, etc., to access their wallets.
No more private key management: Embedded wallets handle users’ keys securely in the back, so they don’t have to worry about losing them.
Complexity abstraction simplifies the transaction process, allowing you to interact with dapps without understanding blockchain complexities.

Apillon’s embedded wallet service is powered by the Oasis and its confidential smart contracts that securely generate and store private keys that are fully encrypted and never exposed. This way, the service offers the best of both worlds: a seamless user experience and top-notch security.

Apillon: Simplicity in connecting

Embedded wallets like your favorite concert. You’re there for the show, not the backstage chaos. Your audience only sees the seamless, exciting performance and everything front and center. Behind the curtain, all the heavy lifting happens, but it’s invisible to the user. And that’s the power of embedded wallets.

We handle the blockchain complexity behind the scenes so users can focus on the experience while developers keep the business moving in the background. It’s all about delivering innovation upfront without exposing the technical grind.

By focusing on embedded wallet technology, we’re making Web3 more accessible without sacrificing security. Whether sending assets to a Web3 account or interacting with dapps, Apillon’s embedded wallets make the process easy, secure, and fast.

Ready to explore Web3 the easy way? Join in and deploy your first embedded wallet to your dapp. Gain loyal customers, not just one-time users.

Want more?

Keep the momentum going. Explore more posts for sharp insights, real tips, and Web3 stories that might just spark your next big idea:

⧓ About Apillon

The Apillon platform serves as a unified gateway to the Web3 services provided by linked Polkadot parachains. Following the multi-chain vision, Apillon powers the transition of developers to Web3, simplifying its adoption in the real economy, and expanding its versatility as the ecosystem grows. With Apillon, Web3 services are within reach for every developer, regardless of their background and experience with blockchain technology.