CRYPTO

Riccardo Tordera : Definitely . Furthermore , CBDCs wallets may well be separated by the ones from the general ones and they are likely to be verified or validated by regulated entities to ensure that the CBDCs are only distributed to the legitimate holder .

Kate Leaman : Right now , there are loads of different players in the market , like big financial institutions , fintech startups , and specialised wallet providers . As cryptocurrencies become more popular , more and more companies are getting involved , which means there ’ s even more competition .

This healthy competition is driving innovation , so users can enjoy better services , stronger security , and improved experiences . However , it ’ s important for companies to stay on top of regulations , maintain a good reputation , and build trust with their users if they want to succeed in this competitive landscape .

Martin Masser : In the next ten years , crypto wallets could evolve significantly as we see advancements in technology . Wallets are still very difficult to understand if you are not familiar with crypto and increased competition among providers will mean everyone is striving to create wallets with more user-friendly interfaces , enhanced security features , and seamless integration with various platforms .

For example , currently , most wallets are via a browser plugin , I can imagine that in the next few years , providers will aim to create wallets that can be integrated within your browser , phone , desktop app and probably even with Google and Apple Pay .

Daniel Fogg : The great thing about digital assets is that you can view and use them across various different wallets , so it will be interesting to see how they evolve over the next 10 years .

It ’ s inevitable that competition will increase , and therefore many of the wallets that exist today will fall by the wayside , while well-designed , secure , popular wallets like Trust Wallet and Ledger should hopefully still be around .

However , I imagine that in 10 years , crypto wallets won ’ t look like crypto wallets at all , rather they will be integrated into normal banking apps .

The lines between crypto wallets and banking apps will start to blur , and financial products customers interact with on a daily basis will likely have crypto rails , but customers won ’ t be able to distinguish any difference in how they interact with both products .

Going a little deeper , I think we should expect to see more identity verification tokens within wallets . These cryptographically verified digital copies of passports , driver ’ s licences , or ID cards could be the future of global identification .

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