• Elitsa Taskova, the head of product for the Nexo wallet, recently sat down with Akiba, the host of the SlateCast podcast to discuss the company’s new non-custodial wallet.
• The development of the Nexo wallet took several months and involved a lot of uncertainty and decision-making. The team decided to focus on creating a smart wallet that utilizes smart contracts, and they also decided to make the wallet non-custodial.
• The key differentiators of the Nexo wallet are the combination of being a smart wallet and a non-custodial wallet, and the emphasis on user experience.

Recently, Elitsa Taskova, the head of product for the Nexo wallet, sat down with Akiba, the host of the SlateCast podcast to discuss the company’s new non-custodial wallet. The timing of the release is of particular importance, given the recent issues with crypto exchanges and the increasing focus on non-custodial solutions.

The development of the Nexo wallet took several months, and involved a lot of uncertainty and decision-making. Nexo co-founder Antoni Trenchev rigorously denied the allegations made against the company following a raid of one of its Bulgarian offices. Taskova explained that the team decided to focus on creating a smart wallet that utilizes smart contracts, and they also decided to make the wallet non-custodial, as they believe that users should have full access to their own keys.

One of the key differentiators of the Nexo wallet, according to Taskova, is the combination of being a smart wallet and a non-custodial wallet. Smart contract capabilities of the wallet allow for greater flexibility, and allow users to create new and innovative solutions on top of blockchain technology. The non-custodial aspect of the wallet is also essential, as it allows users to have complete control over their own keys and coins.

When it comes to the user experience, Taskova emphasized the importance of creating an intuitive and easy to use platform. The team has taken great care to ensure that the wallet is as user-friendly as possible, and that users will be able to take full advantage of the features it offers. The wallet also features a wide range of features, including multi-signature support, multi-currency support, and atomic swaps.

Overall, the launch of the Nexo wallet is a great example of how non-custodial solutions can be used to improve the user experience of the web3. With the increasing focus on security and privacy, and the growing demand for better user experience, the Nexo wallet is sure to be a major player in the blockchain space for years to come.