Embedded Wallets

Definition ∞ Embedded wallets are cryptocurrency wallets integrated directly into applications, websites, or services, allowing users to manage digital assets without navigating a separate wallet interface. This integration aims to simplify the user experience by streamlining access to decentralized applications and digital asset transactions. They often leverage multi-party computation or other abstraction techniques to enhance usability.
Context ∞ The concept of embedded wallets is a significant discussion point in news concerning wider cryptocurrency adoption, particularly for mainstream users. These wallets seek to lower the barrier to entry for interacting with web3 technologies by abstracting away complex seed phrases and private key management. Future developments aim to balance ease of use with robust security protocols, making digital assets more accessible.