“Wallet-as-a-Protocol” (WaaP) Launches to Break Wallet Lock-In and Bring Real Self-Custody to Web3
Washington, D.C. – November 20, 2025 — Today, human.tech by Holonym announces the launch of Wallet as a Protocol (WaaP), a radically new wallet architecture that redefines how users hold and use digital identity, assets, and access across the internet.
WaaP replaces the fragile browser plugins and centralized SaaS products of web3 with one universal, protocol‑level wallet with no seed phrases, no vendor lock‑in, and no single point of failure.
The Wallet Problem
To onboard users most wallets today make difficult sacrifices:
- Centralization - Wallet as a Service (WaaS) models like Stripe’s Privy or Magic run on their own centralized servers, charge dApps per users, and give apps full control over users’ funds
- Vulnerability - WaaS are prone to attacks on iframes, browsers, apps, and WaaS providers. These introduce numerous dangerous attack vectors that other wallets are safe from.
- Walled Gardens - Because malicious apps can drain user funds from WaaS, WaaS are forced to make different wallets per app. This prevents the majority of key use cases: imagine PayPal or Apple Pay where you have to make a new account for every website you pay on, and transfer funds across your hundreds of accounts. This, and most other fintech successes, would not be usable in web3 because of the account fragmentation of WaaS.
- Unsustainable Business Models - When users can’t take the wallet across apps, swaps and other standard revenue streams for wallets don’t apply. So WaaS must charge the apps a monthly fee.
This creates a broken experience for users and developers alike, full of security holes, vendor lock-in, blind signing issues, phishing risks, siloed identities, and high costs.
The WaaP Fix
WaaP was built from the ground up to solve these problems. It introduces a 2PC-based architecture that splits custody between user and client, protecting against both theft and loss. But more importantly, it turns the wallet into a protocol, not a company-controlled product.
WaaP enables:
- Easy login: with familiar tools like Google, phone or email
- One wallet for every dApp, no more spinning up fragmented keys and logins
- Recovery using secure social, biometric, or 2FA fallback, no seed phrases
- Built-in 2PC simulation to eliminate blind signing and prevent hacks via bank like security, protecting users and clients from theft and loss
- Onchain policy enforcement like transaction limits, allowlists, MFA
- Gas Tank to sponsor user gas across any chain
- Free, vendorless infrastructure that developers can integrate in minutes
Over 2 million users are already migrating to WaaP-powered infrastructure via partners like Ika, with new deployments rolling out for both trading, and humanitarian use cases across Africa and beyond.
A New Era of Ownership
WaaP is a wallet, and a protocol for wallets, embedded into any app, designed for people, and power users.
For developers, it means free integration, shared standards, and revenue from gas and swaps, not paying rent to middlemen like Privy.
For users, it means finally being able to show up to apps, games, or DAOs across web3 with the same identity, wallet, and access, and no passwords or seed phrases.
For the industry, it’s a chance to stop building on insecure and expensive infrastructure and start building for real adoption.
About human.tech
human.tech is Holonym’s open framework for human-aligned digital infrastructure, providing privacy-preserving identity, wallet, and governance tools for millions of users worldwide.
Human.tech by Holonym media kit
