Decentralized communications protocol WalletConnect is about to enter a new phase in its development with the introduction of Smart Sessions, a standard that will “redefine” the wallet user experience for a future where artificial intelligence (AI) plays a central role on the internet.
WalletConnect founder Pedro Gomes has outlined his vision for a “seamless, intelligent onchain world” where AI agents communicate with each other via Smart Sessions. The use of Smart Sessions isn’t a simple user experience upgrade; it actually changes the economic dynamics of WalletConnect. Instead of endless wallet popups, users only need to connect once and can set clear rules for interactions in natural language. This allows them to authorize an app, or increasingly an AI agent, to transact on their behalf.
With over 300 million “seamless, secure connections” for over 45 million users worldwide, WalletConnect has created an ecosystem of 700 wallets and 63.000 apps. AI agents are expected to drive explosive growth in this ecosystem with features such as automated trading strategies, autonomous gaming on the blockchain, subscription payments, and real-time asset management. Gomes argues that AI agents in this model will become “first-class citizens,” operating within clearly defined parameters established by the user using Smart Sessions.
Through the use of Smart Sessions, AI agents can also generate new streams of onchain activity, paving the way for greater utility for WalletConnect’s WCT token. This token is currently used for staking and governance on the network, but will also be used to pay transaction fees, which will increase as more AI agents come online. Gomes explains that demand for the WCT token will increase as more autonomous agents execute transactions.
The crypto ecosystem is getting a big boost from recent changes to Apple’s App Store policies, as the EU has ruled that the tech giant must open its App Store to third-party payment providers. A new bill in the US Congress would impose similar requirements on Apple.
The opening of the App Store will give Web3 apps and wallets significantly more freedom to direct users to decentralized payment options, third-party wallets, and onchain transactions. This will enable mobile crypto experiences to reach their full potential. WalletConnect’s Smart Sessions are a “critical” part of this infrastructure, evolving into “Automated Onchain Actions” that enable “seamless, trusted interactions” between users, decentralized apps, and AI agents.
Gomes has previously outlined his long-term vision for Smart Sessions, explaining that this technology will not only change how wallets work, but also how we interact with dapps. Ultimately, crypto wallets using WalletConnect’s infrastructure will have a “persistent connection” that protects users from malicious activity, all happening “magically in the background.”
What are Smart Sessions?
Smart Sessions are a new standard that changes the wallet user experience by making communication between users and apps easier and more secure.
How do AI agents contribute to WalletConnect?
AI agents will play a crucial role in WalletConnect’s growth as they can provide features such as automated trading strategies and real-time asset management, leading to more onchain activity.
What does the change in App Store policy mean for crypto apps?
The change will allow Web3 apps and wallets to offer users more decentralized payment options, which will accelerate the adoption of crypto will promote and significantly improve the user experience.