Patch Wallet lets you send crypto to a friend’s email address or phone number without a crypto wallet. It uses a technique called account abstraction, which allows developers to produce smart contracts not bound to a specific blockchain account to function as wallets.
Highlights
- Patch Wallet lets you send crypto to a friend’s email address or phone number without a crypto wallet.
- It uses a technique called account abstraction, which allows developers to produce smart contracts not bound to a specific blockchain account.
- This permits smart contracts to function as wallets.
- Patch Wallet allows you to send crypto and digital assets like BTC or NFTs to someone who does not have a traditional crypto wallet, says creator Cobrin Page.
- Binance Pay, the world’s largest crypto exchange, sees it as “a basic and crucial step to increasing adoption” says Jonathan Lim, of the Singapore-based head of Binance Card & Pay.
Read the original article
Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge