Crypto wallets will evolve into ‘filing cabinets’ by 2030: Crypto exec
Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”
The term “crypto wallet” may disappear within the next six years, as users will begin to rely on the technology for much more than just storing cryptocurrency, according to Jess Houlgrave, CEO of the onchain UX platform Reown.
Speaking to Cointelegraph at Token2049 in Singapore, Houlgrave believes that crypto wallets will evolve into more of a “life hub,” by 2030. When asked how she pictures that in more detail, she compared it to “digital filing cabinets,” where different parts of a user’s life — like medical records, education credentials, and tickets — will be securely stored and managed.
While she acknowledged that some users may remain skeptical of connecting so much of their lives to a digital wallet, she believes the systems will become far more secure, making it much harder for sensitive information to be swiped like cryptocurrency has in recent times.
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Author: Ciaran Lyons
