Bitski is a hosted wallet software development kit (SDK) for blockchain-based apps, providing a method by which users can sign in to the same digital wallet from any browser or device.
The idea is to make the login process for blockchain-based apps more streamlined, as it is feared the current complexities involved are driving away users. With Bitski, you only need to sign in with your private key once – after which, subsequent authorizations are dealt with via a simple pop-up screen.
In an interview with TechCrunch, Bitski CEO Donnie Dinch spoke of the project:
“One of the great challenges for protocol teams and product companies in crypto today is the poor UX (user experience) in dApps. [] We interviewed a ton of dApp developers, the minute they used a wallet there was a huge drop-off of [users].”
The new technology has been compared to that of MetaMask, an Ethereum-based wallet which offers similar functionality. The Bitski wallet is able to interact directly with decentralized apps (dApps) without the need to be within the same environment. For added security, Bitski private keys are stored on enterprise-grade Hardware Security Modules (HSM).
With $1.5 million in capital raised, the Bitski team reportedly have as many as ten projects ready to integrate the SDK into their apps for a fee.
“We think there is a better way to provide users with secure wallets that are user-friendly and accessible across any platform.”, said Dinch.
