Wallet concepts perplex non-crypto users, discouraging adoption of Web3: Civic
A new insight report from Civic Technologies suggests that current wallet-based authentication may be slowing mainstream adoption. The “State of Authentication and Identity in Web3” report says that “the rapid growth of Web3 has generated intense excitement around decentralized applications (dApps) and digital ownership, yet the underlying authentication methods, which are critical to user security and experience, remain limited and often misunderstood.”
Wallet-based authentication, it seems, may not be the best route to mainstream penetration. “Non-crypto users struggle with wallet concepts, making onboarding difficult. Complicated steps and seed phrases push users away from promising platforms before they even get…
