Jersey, Channel Islands, January 9, 2023, Chainwire

Unique “full stack” approach enables an unmatched user experience

Base, the asset-oriented smart contract platform for DeFi, unveiled concept images of its Web3 wallet that conveys a unique vision for a radically better user experience in crypto applications. The Radix Wallet concept is the result of over a year and a half of research, design and ultimately building a set of 5 innovative technologies at the core of the Radix Network, uniquely enabling a revolutionary ready-to-use wallet. the mainstream. The result: a user experience that is as secure, reliable and easy to understand as we get in traditional finance, but with all the powers of Web3.

The current state of decentralized finance (DeFi) is a mess. It has a well-earned reputation for being incredibly complex and insecure, with millions of dollars in funds stolen by hackers every month. Today’s digital wallets and dApps are inherently insecure, and much of that is the result of a lackluster user experience that simply doesn’t support DeFi’s promise of user freedom and empowerment.

Both DeFi and Web3 offer incredible transformative potential, but until the proper user experience is established, both will remain irrelevant to the vast majority of us. With the launch of Radix’s Babylon Mainnet in early 2023, the Radix Network will include five new technologies built specifically for use by a new Radix Wallet that can revolutionize the way people interact with their assets and dApps. This Radix-unique “full stack” approach is what’s required to bridge the gap with the mainstream-ready Web3 user experience. in the recent Radfi 2022 event, the first preview of what will be that wallet and dApp user experience in Radix was released (click to see pictures).

In Radix, users will have access to “Smart Accounts” that provide multi-factor security to Web3 with mechanisms on the web, the ability to log into dApps with “Personas” that provide customization from Web2 to Web3, and eliminate login-based in password. and switch between mobile and desktop experiences effortlessly through “Radix Connect”. Radix Wallet will also make deep use of Radix Network “native assets” that make digital ownership intuitive and secure, and “transaction manifests” that make DeFi transactions understandable and predictable.

“Radix Wallet provides a user experience that gets out of the way and allows them to effortlessly engage. It’s the kind of user experience that will make Web3, DeFi and even Metaverse really relevant to people, and it can’t be built on any network except Radix,” said RDX Works director of product Matthew Hine.

The introduction of the Radix Wallet and the five innovative supporting technologies of the Radix Network will finally solve the most critical usability issues holding DeFi back, creating a mature, friendly, secure and reliable user experience that works exactly as it should.

About Radix

Radix is ​​an asset-oriented smart contract platform, specifically designed to support the demands of the $23 trillion DeFi opportunity. Radix offers the only complete stack for decentralized finance, without breaking atomic composability. If you know what that means, you know it’s a big deal.

Backed by 9 years of focused research, testing and development, Radix has a global community of thousands and a network value of more than $250 million. For more information, visit www.radixdlt.com.

Contact

dan edelstein
pr@marketacross.com