Widespread adoption of Web3 mayeventually become a reality but Trust Wallet CEO Eowyn Chen foresees three main barriers standing in the way of mass adoption.
During the Australian Crypto Convention on Sept. 18, Chen outlined how security, ease of use, identity, and privacy were all vital aspects to address for growth in the Web3 industry.
Chen is the CEO of Trust Wallet, a major multi-chain, non-custodial crypto wallet acquired by Binance two years ago. She was speaking in a keynote presentation that was attended by Cointelegraph reporters on the ground in Queensland, Australia.
On the security front, Chen says protections should be in place to warn users “if a smart contract has potential issues,” such as a connection to a known scammer.
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