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Sui Network has got a new wallet and it’s no ordinary wallet either. Wallet-as-a-Protocol (WaaP) has been embedded into the Layer 1 blockchain courtesy of human.tech and its introduction spells good news for developers. More a DeFi primitive than a simple wallet, WaaP gives Sui builders access to a powerful tool for streamlining user onboarding.
WaaP is essentially Wallet-as-a-Service, allowing dapps to create their own white label wallets, neatly integrated into their existing application or platform. And because WaaP supports social login, using methods such as email or Google, it’s ideal for crypto beginners. Getting started on Sui should become significantly easier now that the human.tech-developed WaaP is live.
Talking WaaP, WaaP, WaaP
One of the reasons why WaaP’s Sui integration is a big deal is because its extensive feature set is implemented without forgoing decentralization. The underlying wallet is still non-custodial, even though the means of accessing it are more akin to signing in to a Web2 app. Users don’t need to store a mnemonic, allowing them to get up and running instantly. And should they wind up locked out at a later date, social recovery will allow them to get back in.
WaaP was developed to reduce developer overhead, freeing teams from needing to configure a custom wallet implementation, complete with the security risks and maintenance burden this entails. It’s yet another modular DeFi tool for an industry that’s increasingly being assembled using prebuilt “blocks” that can be slotted together to create bespoke decentralized applications.
Often, this modular design entails shifting logic to a separate execution layer such as a desiccated L3, keeping the main chain free of bloat. In the case of WaaP, the wallet protocol runs on Ika, a coordination layer built on Sui. Transaction policies are enforced using smart contracts as opposed to server logic. Doing so enables rules to be implemented that make WaaP operate like a hybrid wallet whose security model is more akin to that of a hardware wallet.
The Wallet Sui Was Waiting For
Sui already has an array of wallets that cater to the needs of network users, but with WaaP it’s inherited the first truly decentralized wallet layer. According to Holonym Foundation CEO Shady El Damaty, this means that “Sui developers can now offer seamless, seedless self-custody without taking on the risks of traditional wallet services,” resulting in “no tradeoff between user experience and true ownership.” Holonym Foundation, incidentally, designed the human.tech framework that powers WaaP.
While it will take time for WaaP to be widely implemented network-wide, it’s already clear that the integration is going to significantly enhance the tooling Sui developers have at their disposal. Advanced features such as programmable accounts and delegated execution for automated workflows are just some of the prospects it proffers. And if you think this capability sounds like the sort of thing AI agents will be able to take advantage of, you’re quite correct.
WaaP will get used in an array of creative ways then. But in the here and now, it’s a dev-friendly wallet that’s ready to go and it’s about to make Sui one of the easiest blockchain ecosystems to enter.
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