Entry details

What Are Smart Contract Wallets?

 

Category: Coin Wallets -> Account Abstraction Theory

Type: article

https://coinmarketcap.com/alexandria/article/what-are-smart-contract-wallets

Decentralized non-custodial wallet technology with trusted third party - owner of wallet smartcontract. In custodial wallets third party are arranged too, but not everything is happen on blockchain. Smartcontracts wallet are on blockchain and are supposed for users which wants (must) to have third party for backup and guarantees - institutions, organizations and users not involved in IT side of crypto.

 

 

 

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