Trust Wallet Launches Swift: A User-Centered Crypto Wallet for Smart Contracts
Trust Wallet has introduced the public beta of Swift, its crypto wallet for smart contracts based on account abstraction. This new feature is designed to simplify and secure the usage of Web3 and smart contracts, prioritizing security from the design phase. Swift offers a native feature of gas rate abstraction, allowing you to pay gas fees in over 200 tokens.
Swift: Trust Wallet’s Crypto Project
- Designed for new Web3 users to make usage less complex and more secure
- Native feature of gas rate abstraction for improved user experience and security
- Collaboration with Stackup and Biconomy for one-click transactions and passkey with biometric protection
- Prioritization of security from the design phase with internal audits and external checks by Halborn and Certik
- Ancilia support for continuous monitoring of smart contracts
Trust Wallet
- One of the most used non-custodial crypto wallets for smartphones globally
- Acquired by Binance in 2018 with support for Ethereum, ERC-20 tokens, Bitcoin, BNB, Tron, NFT, and more
- Integration of a mobile DApp Browser within the app along with Trust Wallet Security Scanner
- Addition of Swift fits into Trust Wallet’s traditional multi-chain approach supporting seven main low-cost EVM chains and discounts on gas fees with TWT token payments
The Impact of Swift’s Announcement on Trust Wallet’s Crypto Token (TWT)
- TWT token was launched in mid-2020 with significant price fluctuations since then
- Showed resilience during bear markets with continuous growth trends up to now
- Experienced significant price fluctuations throughout various bull runs and bear markets
The Comment
“By leveraging our pioneering role in the Web3 wallet sector, we are excited to contribute to evangelizing Account Abstraction (AA) technology to more people. True to our mission of creating an open and seamless Web3 hub for mass adoption, we are continuously committed to improving security and onboarding experiences, especially for newcomers to Web3. By integrating AA technology with practical yet secure key management solutions, we anticipate a significant improvement in user experience, anticipating a surge in Web3 adoption as a potential bull market is just around the corner.”
The Bottom Line: Trust Wallet’s Swift Revolutionizes Smart Contract Transactions🚀🔐
With the launch of Swift, Trust Wallet aims to revolutionize user experience in smart contract transactions by simplifying processes while prioritizing security. The integration of AA technology with practical yet secure key management solutions marks a significant step towards mass adoption of Web3. As a crypto enthusiast, you can expect an improved user experience along with a potential surge in Web3 adoption due to Trust Wallet’s commitment to innovation and security.
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