The post Trust Wallet launches Swift for crypto smart contracts appeared on BitcoinEthereumNews.com.

Trust Wallet has launched the public beta of Swift, its crypto wallet for smart contracts based on account abstraction. The new user-centered feature is the native abstraction of gas fees that allows you to pay gas fees in over 200 tokens, which is more than 350% higher than currently possible.  Swift: Trust Wallet’s crypto project Swift is designed primarily for new Web3 users, to make their usage less complex and more secure, especially in the proper management of seeds and private keys. Integrate an improved user experience and security, with the new native feature of gas rate abstraction. All this is made possible thanks to the collaboration with Stackup and Biconomy, and allows for example one-click transactions and passkey with biometric protection. Swift wants to be a highly secure crypto wallet for smart contracts, so much so that the development team of Trust Wallet has prioritized security from the design phase. Among other measures taken in this regard, there are also multiple internal audits and external checks by Halborn and Certik. Furthermore, Ancilia support allows continuous monitoring of smart contracts, to enhance protection against potential cyber threats.  Now the 80 million Trust Wallet users worldwide can already choose the new Swift beta as an additional option for the wallet. In fact, Swift is presented as an optional additional option within the Trust Wallet app, available for both Apple iOS and Android devices, but users can also choose not to activate it and continue using the traditional wallet. Trust Wallet Trust Wallet is one of the most used non-custodial crypto wallets for smartphones in the world. It has existed since 2017, and in 2018 the company that develops it was acquired by Binance.  Initially it was created for Ethereum and ERC-20 tokens, but now it also supports many other blockchains, including…

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Filed under: News - @ February 20, 2024 12:28 am