Apillon, a developer tooling platform for Polkadot, recently introduced its new integrated wallet solution with the goal of simplifying the Web3 login experience. Unlike traditional wallets, which can present technical obstacles, these integrated wallets allow you to interact with EVM-compatible blockchains using login credentials known to users, such as emails or social accounts.

According to an official statement shared with Cryptonews, Apillon's Integrated Wallet SDK will allow developers to directly integrate wallets into decentralized applications (dapps), facilitating more seamless access to Web3.

These wallets, built on the Oasis Network, were designed to be easy to use and avoid the complexities of traditional Web3 solutions. Additionally, this technology uses confidential smart contracts that securely store user data and private keys through advanced encryption, ensuring privacy and protection of information.

The new functionality will allow developers to create wallets that offer login options through emails, passwords and social accounts, eliminating the need for the complex processes of traditional Web3 wallets.

Matjaž Sobočan, CEO of Apillon, stated: “By offering a hassle-free login experience, we are opening the doors of Web3 to a much wider audience. Our goal is to remove the barriers that have prevented users from adopting decentralized technologies.”

Furthermore, Apillon highlighted that the cooperation with Oasis Network strengthens the solution thanks to its privacy-focused blockchain environment. Oasis' modular architecture ensures that transactions, usernames, passwords, and other sensitive data are kept secure at all times.

The importance of advanced security in Web3

The ease of integration of built-in wallets offers an efficient solution that combines the simplicity of Web2 with the security of Web3. While the benefits of Web3 are clear, the associated security risks have increased significantly.

During 2023, several Telegram wallets, password managers, and even bots were compromised. According to the Blockchain Security Alliance's Web3 2023 security report, 130 attacks were recorded in the DeFi sector, with total losses amounting to $408 million.

To address these issues, Apillon's integrated wallets simplified blockchain interactions by eliminating the need for users to have advanced knowledge of private keys or seed phrases. Additionally, these wallets offered better recovery options, reducing the risks associated with losing access to digital assets.

In short, Apillon took a step forward in facilitating the adoption of Web3, providing solutions that not only make the technology more accessible to the general public, but also reinforce the safety and security of users.