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The adoption of web3 products has always been hindered by user experience in managing a blockchain wallet, it is particularly challenging in traditional industries like the auto industry. Imagine you have to educate car owners that’s behind on technology about web3/crypto, seed phrases, and the complex authentication process.
That’s where Web3auth has stepped in. We are on a mission to provide Simple, Secure, Self-custodial Wallets as a Service to everyone. And we’re excited to showcase DIMO as a stand out use case in the automobile industry. With the integration of web3auth, DIMO Mobile has become an efficient and secure marketplace for the automobile industry, paving the way for new opportunities and partnerships in the realm of automobile crypto projects.
Overview of DIMO
DIMO Mobile is an innovative application that allows users to connect their cars and access a marketplace of auto services providers from maintenance to analytics, to car sales. The DIMO protocol enables easy data exchange between these providers, leading to more efficient transactions that save users money and provide new services for connected cars. Although built with blockchain technology, the product value of DIMO is all derived from the data insights users receive and the marketplace partners they can interact with. DIMO is a game-changer for web3 products, bringing utility to users without requiring them to think about the blockchain or tokens.
Integrating web3auth and DIMO
One month ago, DIMO Mobile App launched its web3auth integration, enabling new users to sign up with Google or Apple, create an in-app wallet for their rewards, and use DIMO Mobile seamlessly with web3auth. The experience is smooth enough for non-crypto users to easily connect their cars and use DIMO. Here’s why this is exciting news for the auto industry and crypto projects:
Simplified Authentication System
Web3auth eliminates the need for users to create a non-custodial blockchain wallet, which can be a tedious and time-consuming process. Instead, users can simply sign in using their email address, like a Google or Apple address, and have the wallet creation happen in the background. This means that users don’t have to deal with the complexities of managing a blockchain wallet, and they can focus on using DIMO’s features and services.
Improved Security
Users new to crypto can fall victim to hacks and phishing attacks, often due to the fact that they make mistakes managing their keys or find themselves clicking on unknown links. Web3auth mitigates this significantly, if not entirely, since users are using familiar and secure authentication methods like Google with a link to the blockchain to verify their identity on sign-in. By integrating web3auth into the DIMO Mobile App, users can be confident that their personal information and assets are protected.
Interoperability
Web3auth is designed to be interoperable with a wide range of dApps and wallets, making it easier for users to switch between different platforms without having to create new accounts or passwords. As DIMO gets ready to launch its developer platform, there will soon be dozens of apps built on DIMO that allow users to sign in with the very same authentication method provided by web3auth, ensuring a smooth onboarding to any DIMO app.
The Impact on the Automobile Industry and Automobile Crypto Projects
The integration of web3auth into DIMO Mobile is a game-changer for the automobile industry and automobile crypto projects. It makes it easier for car owners to access the DIMO platform and enjoy the benefits of blockchain technology without having to navigate the complexities of managing a blockchain wallet. The simplified onboarding process offered by web3auth opens up new opportunities for automobile industry stakeholders to collaborate with DIMO and other web3 projects to build innovative solutions that improve the driving experience, promote data privacy and security.
