Wallet-as-a-Service (WaaS) provider Web3Auth has joined forces with onchain asset custody protocol Safe to introduce SafeAuth, in a bid to streamline the process of creating and using Crypto wallets.
The goal is to improve user accessibility and security in the blockchain ecosystem.
How It Works: It utilizes social logins secured by Multi-Party Computation, a method that eliminates the traditional reliance on seed phrases.
This approach not only enhances user convenience but also bolsters security measures, Web3Auth stated.
"By integrating Web3Auth's innovative social login technology with Safe's ...