Particle Network Unveils V2 of Its Wallet-as-a-Service (WaaS) solution of Web3

Particle Network, a provider of Web3 infrastructure, has released V2 of its Wallet-as-a-Service (WaaS) solution. With the most recent version, significant improvements were made to privacy, user experience, and transaction efficiency, making it the most cutting-edge web3 product of its type.

With an emphasis on future-proofing web3 infrastructure, V2 was created to make WaaS flexible enough to react to changes in user behavior and blockchain architecture. User sovereignty and composability, two core ideas of web3, are upheld in its design.

WaaS was introduced ten months ago with the intention of improving user experience and abstracting the complexities of dealing with decentralized apps. Wallet-as-a-Service was also set up by Particle Network with privacy as its top priority. Significant effort has been put into enhancing these features in V2.

Particle Network CEO Wang Pengyu said: “Particle Network V2 marks a significant leap forward in the web3 wallet infrastructure landscape. Our commitment to building the access layer of web3 has driven this innovation. With the introduction of ZK technology and the Intent Fusion Protocol, we’re ushering in a new era of individual sovereignty and transaction efficiency. V2 is not just a product upgrade; it’s a testament to our dedication on making web3 accessible to all.”

A zero knowledge (ZK) component and a protocol layer that emphasizes user privacy and security are two of the new technologies introduced by V2. This takes the shape of the Intent Fusion Protocol, which supports secure transactions and authentication across the blockchain and dapp layers. By automating user intent formulation, deconstruction, and execution, Intent Fusion Protocol streamlines user engagement. This improves user experience by enabling users and developers to concentrate entirely on creating intents.

While maintaining a smooth user experience, zkWaaS maintains user login privacy and automates the maintenance of web3 credentials. Smart Stealth Addresses, another feature of V2, let users interact with other people using transient, one-time addresses. Additionally, zkWaaS provides Confidential Auth and Confidential Transactions to solve user privacy issues. It supports the objective of guaranteeing user friendliness and privacy protection while easily onboarding web2 users onto web3.

With Wallet-as-a-Service, Particle Network has given developers what they need to create web3 experiences that satisfy consumers of today. To do this, a environment must be created where user experience is enhanced without compromising security or privacy.

An innovation in user interface and transaction efficiency is V2. It quickens the process of change toward an end-state where consumers may access web3 products and services with the fewest feasible entry barriers while maintaining their self-sovereignty. Additionally, V2 includes improved data management features that stop user data from leaking onchain.

Particle Network’s Wallet-as-a-Service V2 is the company’s most innovative consumer offering to date. It gives developers the framework to offer a variety of complex blockchain-based services, including cross-chain solutions. A seamless user experience is produced as a consequence of its emphasis on removing friction, ensuring that dapps may reach their full potential.