Introducing Safeauth: The Powerhouse Collaboration Between Web3auth And Safe To Onboard And Connect Millions Of Users Across The Safe Ecosystem

By Author: Arina Smith
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Web3Auth and Safe Announce SafeAuth for Seamless Crypto Onboarding

Today, leading Wallet-as-a-Service (WaaS) provider Web3Auth, in collaboration with Safe, a pioneer in Account Abstraction, unveiled SafeAuth. This groundbreaking partnership simplifies user onboarding in the crypto industry by leveraging the strengths of Web3Auth and Safe, enabling users to swiftly create Safe Smart Account wallets.

SafeAuth revolutionizes the onboarding experience by utilizing Account Abstraction and social logins secured by Multi-Party Computation. This innovative approach eliminates the need for traditional seed phrases, significantly enhancing user convenience and security. Tobias Schubotz, co-founder and product lead at Safe, expressed excitement about elevating the crypto experience through the integration of Web3Auth's social login technology and Safe's pioneering account abstraction.

The collaboration marks a crucial step towards an accessible, interoperable, and portable blockchain ecosystem capable of serving millions of users worldwide. SafeAuth's design focuses on interoperability, allowing users to bridge and ...
... connect across hundreds of decentralized applications (dApps) with a single smart account. Similar to using a single social login or email for various applications, SafeAuth combines Safe{Wallet} and numerous dApps on Safe{Core} to connect with a consistent, single smart account.

SafeAuth ensures that each smart account, once created, is linked to a social login and can be accessed portably, akin to an EOA like Metamask. This enables users to seamlessly interact with over 190 applications, including popular ones like Aave and CowSwap, through any interface, notably Safe{Wallet}, offering unparalleled ease and connectivity to the user's digital experience.

Yong Zhen Yu, co-founder and CEO at Web3Auth, expressed enthusiasm for the partnership, highlighting SafeAuth's game-changing interoperability. The collaboration aims to facilitate more fluid interactions between existing and future dApps.

For additional details, visit Web3Auth.

About Web3Auth:
Web3Auth is a leading WaaS provider empowering users to manage non-custodial wallets intuitively. Leveraging enterprise-grade Multi-Party Computation and Account Abstraction tooling, along with social logins, biometrics, OIDC, and FIDO, Web3Auth offers a seamless user experience.

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About Safe:
Safe, previously Gnosis Safe, is an onchain asset custody protocol securing approximately $54 billion in assets. It establishes a universal 'smart account' standard for the secure custody of digital assets, data, and identity. With its flagship web and mobile wallet, Safe{Wallet}, and Safe{Core} account abstraction infrastructure, Safe is committed to unlocking digital ownership for everyone in the web3 ecosystem, including DAOs, enterprises, retail, and institutional users.