Universal wallets

The adoption of blockchain-based cryptocurrencies has paved the way for blockchain projects in other applications. In general, cryptocurrencies and crypto tokens are accessed through crypto wallets containing the necessary keys to transfer digital assets securely. The increased density of automation—from smart clothing, homes, and appliances, to smart cars, smart roads, and smart cities—has heightened the need for effective, resilient, and secure access to and communication with these devices. In this context, universal crypto wallets play a key role in authorizing transactions and governing activities. Digital wallets existed long before the invention of blockchain. Crypto wallets are a new type of digital wallet that provide a secure environment for accessing and conducting transactions on blockchains. The next evolution of crypto wallets, universal crypto wallets—what we call universal wallets—can be considered …