Definition ∞ Walletless Technology describes systems that allow users to interact with digital assets or decentralized applications without the necessity of a traditional cryptocurrency wallet. These solutions aim to streamline user access by eliminating the need for private key management or seed phrases. They often rely on alternative authentication methods or delegated custody models. This approach seeks to simplify the user journey in the digital asset space.
Context ∞ The current state of walletless technology is driven by the goal of reducing technical barriers for new users entering the digital asset ecosystem. A key discussion involves the security implications of abstracting away direct private key control and the various trade-offs involved. Critical future developments include widespread adoption of secure multi-party computation and decentralized identity solutions, offering convenient yet protected access to digital assets.
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