Backend Wallet
A backend wallet refers to a server-side wallet that manages private keys and signs transactions on behalf of users or applications. In web3 development, backend wallets are essential for services that require automated transaction processing, such as exchanges, payment gateways and other similar decentralized applications.
Backend wallets keep this process secure often using hardware security modules (HSMs) or key management services. Implementing a backend wallet allows developers to streamline transaction workflows, maintain control over funds, and unlock a more seamless user experience.