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News Explorer — Visa, Gnosis, Argent Are All Working on Making Ethereum Wallets Smarter

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Mar 22, 12:40 pm
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Visa, Gnosis, Argent Are All Working on Making Ethereum Wallets Smarter

Account abstraction, or smart wallets, is a movement that is attempting to change the current wallet standard, Externally Owned Accounts (EOAs), to a smart contract-based one. This would provide more flexibility and features such as recurring payments and private key recovery. Companies like Argent and Safe are leading the charge, while Visa is also experimenting with the technology.

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