Foundation News

Introducing the New Stellar Passkey Feature: Seamless Web3 Smart Wallet Functionality on Mainnet

Author

Danny Gamboa

Publishing date

Today, we're excited to announce the launch of the new passkey feature on Stellar, designed to provide a familiar and secure user experience in the decentralized world of Web3. This innovation is a significant step forward in helping to improve the safety and security/accessibility of the network.

Bringing Web2 User Experience to Web3

Navigating the complex world of Web3 has been challenging for many users. The new passkey feature simplifies this journey, offering a seamless onboarding experience that feels familiar and intuitive. With the passkey, users can easily sign contracts and verify transactions using biometrics, eliminating the need for traditional two-factor authentication (2FA) and reducing the risk of data breaches.

Key Benefits of the Passkey Feature

We understand that complex interfaces can be a barrier to adoption. That's why our passkey feature leverages a user-friendly flow that mirrors the simplicity of Web2 applications, making it easier for everyone to transition to Web3.

Enhanced Security: In an era where data breaches are all too common, the non-custodial and decentralized solution provides robust security without compromising user control. By moving away from centralized solutions, Stellar offers a user experience that truly empowers individuals.

Reliable Technology: Frustrations with buggy apps and constant errors are now hopefully a thing of the past. The combination of Soroban, secp256r1, and passkey services ensures a reliable and efficient experience for all users.

Biometric Authentication: Signing transactions with biometrics is a game-changer. This feature enhances security and streamlines the user experience, making it more convenient and secure.

Built with Purpose

The Stellar passkey feature is more than just a technological advancement; it reflects a commitment to user-centric design and real-world impact. Stellar has practical and transformative solutions that help bridge the gap between traditional and decentralized financial systems.

Launching the Stellar passkey feature is a significant leap forward in this journey. Stellar invites early adopters and developers to explore the possibilities of this new feature and join us in shaping the future of Web3.

For more details, visit stellar.org or contact SDF directly. Sign up here to stay tuned for more updates and innovations regarding all things passkeys.