Sovereign Infrastructure
Smart Contract Wallet
A blockchain-based wallet with programmable access controls — flexible but chain-specific and vulnerable to smart contract bugs.
Definition
A wallet implemented as a smart contract on a programmable blockchain, enabling custom access control logic: social recovery, spending limits, time delays, and multi-party approvals encoded directly in on-chain logic. Smart contract wallets offer programmable flexibility that externally owned accounts (EOAs) lack. However, they introduce smart contract risk — bugs in the code can lock funds permanently — and remain chain-specific. CLAVI's hardware-based approach achieves comparable flexibility through off-chain threshold signing, avoiding smart contract risk entirely.