@WalletConnect

#WalletConnect

What Is WalletConnect?

WalletConnect is an open-source standard that allows digital wallets to connect to decentralized applications (dApps). Additionally, sometimes WalletConnect can be fully related to a decentralized communication layer for next-generation Internet technology that relies on machine learning, artificial intelligence (AI), and blockchain technology (web3).

WalletConnect is used for simplifying the integration of cryptocurrency wallets and decentralized applications, providing a simple connection that facilitates working processes. Due to innovative Mobile Linking technology, WalletConnect enables a seamless connection between cryptocurrency wallets and decentralized applications.

WalletConnect is quite an innovative option, even nowadays, due to its specific usage of shared keys. Actually, a shared key is the base of WalletConnect’s functioning, as with its help, WalletConnect establishes an encrypted connection, facilitating interaction between DApps and compatible wallets.