Reshaping the Web3 Ecosystem: Asset Portability and Simplified User Experience Go Hand in Hand

The widespread adoption of decentralized applications has always faced significant barriers in accessibility and user experience. Even with account abstraction technology, smart contract wallets still have limitations on asset portability. Typically, assets within wallets using the ERC-4337 standard can only be used in specific applications. However, a new innovation is changing this situation.

Realm Network, as a decentralized application network, features a native embedded wallet function that enables tokens and NFTs to be seamlessly used across the entire network. This groundbreaking portability greatly enhances applications utilizing account abstraction.

Realm Network is an important part of the Moca Network ecosystem as an interoperable infrastructure layer that connects Web2 and Web3 platforms. It includes a range of decentralized applications in gaming, music, sports, intellectual property, education, and more, all operating in a sharing economy. With features such as Realm accounts, Realm IDs, and Realm Credits, users can access multiple applications with just one smart contract wallet, while decentralized identity (DID) manage identity and on-chain reputation tracking.

MocaID is a prime example of the potential of Realm Network. Since its launch in November 2023, MocaID has quickly become a high-growth platform within the Mocaverse partner network, achieving nearly 1.5 million unique on-chain mints in just six months.

Realm Network utilizes multi-party computation (MPC) technology to achieve smart account interoperability across decentralized applications. Users can generate the same wallet address using social logins like Gmail, thereby enabling seamless asset ownership and credential persistence across multiple domains.

Every Realm Network user can earn a unique digital identity, the Realm ID, through a social login. Not only does this identity provide privileged access, but it also allows you to accumulate Realm Points ( Loyalty Points ) build your reputation, and earn assets that can be used in various decentralized applications within the Realm network.

Some disruptive features of the Realm Network include:

1. Portable identity and assets: Developers can easily integrate Realm ID into their decentralized applications without having to start from scratch to find qualified users.

2. Loyalty and Profile Scoring: Decentralized platforms can leverage existing communities within the network and use Realm points to reward users who interact with them.

3. Permanence and liquidity of assets: Users have complete control over their smart accounts and can freely transfer and trade the assets earned from the exchange.

In addition to enabling asset portability, Realm Network prioritizes user accessibility by implementing MPC Corekit. Users can access their wallets through familiar Web2 logins ( such as Google or Twitter), lowering the barrier to entry and creating a more inclusive Web3 experience.

Multi-party computing key management also enhances the security of users' digital assets. The access to keys is distributed among multiple parties, reducing the risks of single points of failure and unauthorized access. This robust security framework boosts user confidence and encourages greater participation in decentralized applications and financial services.

The innovation of Realm Network provides users with a seamless on-chain experience, while opening up tremendous opportunities for decentralized applications that aim to connect the fragmented economies within their ecosystem. This integration is redefining user-friendly applications in Web3 and laying the foundation for future development.