Main page » Crypto wallet » Account abstraction could bring the next billion users to Ethereum: Ambire CEO
Crypto wallet

Account abstraction could bring the next billion users to Ethereum: Ambire CEO

Account abstraction could bring the next billion users to Ethereum: Ambire CEO

In episode 19 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw talks with Ivo Georgiev, CEO of Ethereum smart contract wallet Ambire, discussing account abstraction and the potential benefits for the Ethereum network.

Georgiev sees self-custody as an “extremely difficult” problem that can be solved with account abstraction, which makes crypto wallets programmable with multiple keys and features like two-factor authentication.

The CEO believes account abstraction can onboard the next billion users on Ethereum through new tools, such as embedding wallets on websites.