According to the latest news from SuperEx, Super Wallet is about to launch an external authorization feature that allows users to grant some permissions to third-party entities or individuals. This will be an important milestone in SuperEx’s journey towards decentralization and the construction of the Web3.0 ecosystem, giving users more control, allowing them to manage digital assets and data more autonomously.
Today we will delve into the brand-new external authorization feature launched by Super Wallet. As the official wallet of SuperEx exchange, Super Wallet is dedicated to providing users with a more convenient, secure, and flexible digital asset management experience.
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What is Super Wallet’s external authorization?
Super Wallet’s external authorization feature allows users to grant part of the operational permissions to other entities or individuals so that they can perform specific operations on behalf of the user, such as transfers, signatures, or management. Users can choose the authorized object, the type and scope of permissions, thereby achieving diversified and convenient asset management.
For example, when we shop on Amazon, we authorize the fast payment function of our VISA card to the Amazon platform to make our payments more convenient. This process is the external authorization function of the VISA card.
Advantages of Super Wallet
1、Super Wallet supports multiple types of external authorizations
Super Wallet supports multiple types of external authorizations, including deposit/withdrawal permissions, transfer permissions, and signature permissions.
· Deposit/withdrawal permissions allow the authorized entities to deposit and withdraw from the Super Wallet;
· Transfer permissions allow them to transfer digital assets;
· Signature permissions are suitable for transaction signatures.
2、Super Wallet supports multiple types of ecosystems
Currently, all ecosystems supporting ERC-20 and BEP-20 can perform Super Wallet’s external authorizations.
3、High security of external authorization operations
User safety is always our top consideration. Super Wallet has adopted multiple security mechanisms, such as multi-signatures, to ensure the security of external authorization operations.
When choosing an authorization object, please ensure their legality and reputation to avoid the abuse of permissions.
4、Super Wallet support multi-chain authorization
Super Wallet supports multi-chain authorization, currently, both ERC20 and BEP20 can be authorized simultaneously (on the APP side). It is important to note that the chain for Super Wallet’s external authorization and the chain of the authorized party must be consistent.
What is the significance of promoting external authorizations for SuperEx?
1. Enhancing User Experience: External authorizations can provide users with a more convenient and flexible digital asset management experience. Users can grant specific permissions to trusted entities to perform certain operations on their behalf, saving time and effort.
2. Expanding Business Collaboration: External authorization can facilitate business cooperation with partners. Your users can grant transfer permissions to partners, achieving faster and more efficient fund flows, and further promoting business cooperation.
3. Improving Asset Security: Users can grant some permissions to professional teams, such as the finance department, to perform necessary operations on behalf of the users, such as transfers and management, without sharing private keys. This can help reduce risks and ensure asset security.
4. Multi-signature Cooperation: External authorization is especially suitable for multi-signature cooperation. Your users can grant multi-signature permissions to all parties involved in the cooperation, ensuring the security and legality of transactions, thereby enhancing trust in business cooperation.
5. Expanding Functional Applications: External authorization can bring more innovative functional applications to your platform. For example, you can cooperate with other DApps to enable users to perform external authorization operations on other platforms, further enriching the user experience.
6. Aligning with Decentralization Philosophy: External authorization aligns with the philosophy of decentralization. It gives users more control, allowing them to manage assets according to their needs, achieving truly decentralized digital asset management.
7. Accelerating Web3.0 Ecosystem Development: External authorization has significant implications for Web3.0. It emphasizes users’ control over data and assets, enhances security and trust, and also creates opportunities for seamless interoperability and application of smart contracts. With external authorization, we provide users with a feature that aligns with the future digital economy trends, enabling them to participate better in the Web3.0 ecosystem.
8. Satisfying Different Needs: Different users have different needs. Some may need to grant operational permissions to professionals, while others may prefer to manage personally. External authorization enables you to meet the needs of different users, improving user satisfaction.
Overall, external authorization is not just for providing a better user experience but also for leading innovation in digital asset management. It aligns with the decentralization philosophy, empowering users to manage their assets more autonomously, and also gives our exchange more functions and diversity, helping to meet different user needs. We believe that through external authorization, we will build a more convenient, flexible, and secure digital asset management platform for users.
What advantages can external authorization bring to users?
The introduction of external authorization brings many practical benefits to users:
1. Easy and convenient asset management: External authorization allows users to delegate certain permissions to trusted entities, such as family, friends, or financial advisors, to carry out asset management operations on their behalf. This means you can delegate tedious tasks to others, saving time and energy, allowing you to focus on more important matters.
2. Support from professional teams: Sometimes, the management of digital assets may involve complex financial planning or investment decisions. Through external authorization, you can delegate operational permissions to professional teams such as financial advisors to perform these tasks on your behalf, thereby obtaining more professional support and advice.
3. Improved security and risk control: External authorization can reduce the risk of private key leaks and misuse. You can grant read-only or view permissions to others, allowing them to view your account balance and transaction history, but unable to carry out actual operations. In this way, you can share information with others without exposing your private key.
4. Convenience in business collaboration: External authorization is important in business collaboration. You can grant specific permissions to partners to increase the flow of funds or contract signing. This helps to promote business collaboration and make business processes more efficient and convenient.
5. Security in multi-signature cooperation: In multi-signature cooperation, external authorization can achieve multiple authorized signatures to ensure the security and legality of transactions. This is crucial for joint decision-making and fund management, ensuring the credibility and security of transactions.
In summary, the external authorization gives users more choices and flexibility, enabling them to better manage their digital assets, cooperate conveniently, and ensure asset security. This feature is aimed at meeting the different needs of users, enabling you to better control your digital assets, while enjoying a more convenient and secure digital asset management experience.
