Definition ∞ Wallet-as-a-platform describes a digital asset wallet that extends beyond basic storage and transaction capabilities to offer a suite of integrated services and functionalities. These wallets serve as gateways to the broader decentralized ecosystem, enabling users to access decentralized applications, participate in DeFi protocols, and manage various digital assets from a single interface. It transforms the wallet into a central hub for digital finance.
Context ∞ The evolution towards a wallet-as-a-platform model is a significant trend in the digital asset space, aiming to consolidate user access to decentralized services. These advanced wallets seek to provide a seamless entry point for interacting with Web3, offering features like dapp browsers, yield farming aggregators, and identity management. Competition focuses on security, interoperability, and the breadth of integrated services.