Author: Minho Yoo, Chief Strategy Officer (https://www.linkedin.com/in/minho-yoo/)
[TL;DR]
- One of the key requirements when integrating wallets is to complete the integration faster with fewer development resources.
- WEPIN wallet provides a widget feature that delivers blockchain wallet UI/UX functionality all at once.
- Through WEPIN widget integration, time and resources required for wallet integration in service development can be reduced.
- WEPIN's widget simplifies complex blockchain technology to improve user experience and allow companies to focus on core service development.
Web3 Service and Wallet Integration
For Web3.0 to become mainstream, many valuable Web3.0 services must emerge. Web3 services utilize blockchain technology, making wallet integration essential for managing blockchain-based assets. However, the process of wallet integration remains a complex and challenging task. The complexity of blockchain technology and the high cost of wallet integration often become obstacles to the emergence of Web3 services.
WEPIN wallet, a WaaS (Wallet as a Service) for Web3 services, strives to reduce the resources and time required for wallet integration, with the WEPIN widget functionality at its core.
Introduction of the Widget Approach
Blockchain, one of the core technologies of Web3, ensures decentralization and transparency but also presents users with complex interfaces and high technical barriers to entry. To address this issue, we developed a wallet that can be integrated using a 'widget approach'.
WEPIN's widget refers to a method that includes all wallet UI/UX while being easily built into web or app-based services. This allows users to conveniently use the wallet on the web or app of a Web3 service without installing separate wallet software. From the perspective of creating a Web3 service, it provides a better user experience while saving costs and time required for wallet integration.
WEPIN's widget integration approach is particularly suitable for B2B models. Each company can provide blockchain-based services without complex development processes by simply inserting the widget into their website or application. Users can quickly and easily access the services they want through the widget, and companies can attract more users by providing a user-friendly interface.
Solving the Complexity of Wallet Integration
Direct wallet development requires consideration of various issues such as complex UI/UX configuration, network fee (gas fee) management, user wallet onboarding process, and wallet backup and recovery. The UI/UX of such wallets particularly affects user experience. Complex and difficult-to-use interfaces can lead to user churn. Therefore, developing a user-friendly wallet is a crucial task.
Moreover, gas fees occurring on the blockchain network can be a significant burden for users. To solve this problem, it's necessary to minimize network fees and provide this transparently to users. The onboarding process when users first set up their wallet is also one of the important factors. Wallet creation, recovery key management, and backup procedures require a lot of time and effort from users. A wallet widget with social login functionality simplifies all these issues, helping users to easily use the wallet.
The widget simplifies all processes of users and Web3 services interacting with the blockchain network. Users can easily create wallets, manage tokens, and perform transactions through the widget without complex settings. Additionally, wallet backup and recovery procedures can be handled conveniently, allowing users to use the wallet with peace of mind.
Simple Widget Setup
Widget configuration is done through WEPIN's admin page, Workspace. Set up the mainnet information, tokens, and NFTs to be displayed in the Web3 service wallet, and choose a theme that matches the service's brand identity - that's all the preparation needed. This process is very intuitive and can be easily configured even without extensive technical knowledge.
First, there's a step to select the desired mainnet. You can choose from various mainnets such as Ethereum, Solana, NEAR Protocol, and Avalanche. Then, set up the tokens and NFTs to be displayed in the wallet. During this process, administrators can easily manage the list of assets to be shown in their Web3 service.
Choosing a theme that matches the brand identity is also an important part. WEPIN widget currently offers 7 themes, and each company's administrator can select a theme that reflects the service's brand image, providing users with a consistent experience. Themes include colors, fonts, layouts, etc., allowing administrators to create their own unique wallet interface. If additional themes beyond those provided by WEPIN are needed, you can contact the WEPIN team to have new themes created.
Built-in Widget Features
The widget has built-in features such as token balance inquiry, NFT viewing, address viewing, QR code, token/NFT sending, and multi-language support. These features include everything users need to interact with the blockchain network. For example, users can check their assets in real-time through the token balance inquiry feature and easily share their wallet address through the address viewing feature.
Quick transactions via QR code are also possible. Users can send tokens quickly and securely by scanning a QR code. Additionally, the widget includes all security elements like wallet passwords and UI handling for gas fees, so service administrators or developers don't need to worry about these separately. All these features lower the cost of wallet integration while helping Web3 service users easily understand and use blockchain technology.
The widget's features can be customized to meet user needs. For instance, you can select desired social logins supported by the widget, display only specific tokens or NFTs, and make various other settings. This allows each company to provide the optimal wallet interface tailored to their service. Also, through multi-language support, the wallet interface is presented in English, Korean, or Japanese according to the user's browser or smartphone settings.
Saving Resources and Time
Resources and time are the most precious assets. Especially, developers' time and resources are crucial. WEPIN's widget helps save these resources and time. Companies can save enormous costs and time that would be spent on directly developing a wallet through the widget. Also, the widget is easy to maintain, minimizing additional resource input.
Using the widget allows focus on essential service development without worrying about wallet functionality. Companies can develop various services using blockchain technology, and the widget supports all the functions needed to provide these services to users. This allows companies to invest more time and resources in their core business.
Ultimately, the widget helps users easily understand and use blockchain technology while enabling companies to utilize resources more efficiently. We hope that through WEPIN wallet's widget, you'll have a more convenient and efficient experience in creating Web3 services. Leave the wallet to WEPIN and focus on the value of your service. :)
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