Plaid Introduces Web3 Authorization Plugin for Blockchain Devs

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Plaid, a fintech service for data transfer, has introduced a new tool that simplifies for blockchain developers the integration of Web3 into Web2 websites.

The new plugin dubbed Wallet Onboard gives developers access to over 300 self-custody crypto wallets through a single integration, the company announced in a blog post. Built on top of Plaid Link, the plugin allows users to connect their crypto wallets like METAMASK or LEDGER to Web3 apps with no wallet address or hashed wallet address data being stored.

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In July, the San Francisco-based data provider expanded support for cryptocurrency companies, including in its list Gemini, Binance.US, Kraken and investment platforms like Robinhood, SoFi and others. With the integration, cryptocurrency investors can share their account information, such as asset types, balances and transactions, with other services (e.g. tax advisories, net worth calculations, and others).

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