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Portkey shows how social recovery improves wallet usability and security

At the Consensus 2023 conference, Portkey, the first contract account (CA) wallet with a decentralized identity (DID) solution coming from the ecosystem of layer-1 network aelf, elaborated on how it managed to provide easy usability, security and self-custody to users without having to charge them a list of fees. With its all-rounder features, Portkey aims to lower the threshold for Web2 users and projects to enter Web3. “One of the biggest loopholes that’s stopping Web2 users from entering Web3 on a large scale is, in fact, the lack of a proper Web3 wallet,” said Steven, chief technical officer at Portkey.

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