Okto, a Web3.0 wallet application, has announced the launch of its Okto embedded wallet SDK along with a hackathon in ETH India.
According to an official release, the wallet enables any application or Internet company to unlock the potential of Web3.0, decentralisation, and smart contracts in seemingly five minutes. From what it’s understood, the Okto embedded wallet SDK enables any application or Internet company to integrate their infrastructure with that of Web3.0, and can be managed by a single developer. Reportedly, it allows customers to create a Web3.0 wallet within their used applications, conduct transactions without redirection, maintain custody (self-custody), and use the same assets across the ecosystem of Web3.0. It’s believed that customers on applications will be able to open their Okto Web3.0 wallet on the same application while retaining self-custody through Okto’s account abstraction and MPC technologies.
“The Okto embedded wallet SDK emerges as a factor, facilitating any Internet company to harness the power of Web3.0. I believe leveraging Okto SDK will expedite the development process, saving both time and financial resources for companies. With the Okto SDK, we envision the adoption of Web3.0 technologies, reaching a user base of 50 million. Grounded in the principles of decentralisation, interoperability, transparency, and self-custody, Web2.0 users should benefit from Web3.0, propelling the creation of a multibillion-dollar market that users control,” Neeraj Khandelwal, founder, Okto, emphasised.
