Industry experts at Next Block Expo in Berlin suggest that Web3 could significantly benefit from adopting streamlined user experiences similar to those in Web2.

Web3Auth, a platform offering passwordless authentication for wallets using multi-party computation, aims to simplify the Web3 onboarding process by reducing complexities in wallet and private key management.

The integration of Web2 login methods with Web3 technology offers a seamless user experience, hiding the underlying complex cryptographic processes from users.

The discussion at NBX Berlin also included macroeconomic factors influencing Bitcoin's price, with the upcoming mining reward halving and potential regulatory changes seen as key catalysts for market movements.