Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Open Wallet Standard

Open Wallet Standard (progetto open source)

3.0/5 4.9/5 · Data verified on

Open Wallet Standard (OWS) is an open standard for secure local wallet storage and agent access. It defines a unified local storage format to create, sign and manage wallets securely across any tool and chain: keys live in a local folder (~/.ows/) rather than in a browser extension, the cloud, or scattered across tool-specific configs. From a single seed you can derive BTC, ETH, SOL, ATOM, TON and TRON addresses, and the API never returns raw private keys. It gives AI agents a common wallet layer with local key control (policy-gated signing). It is an open source project, not a company: no custody of funds.

31
Transparency: Very low
31/100 · see methodology
31
Data exposure: Minimal
31/100 · lower is better for sovereignty · methodology

Data & conditions

Service type Stablecoin infrastructure
Pricing model Not disclosed
Chains Bitcoin, Ethereum, Solana, Cosmos, TON, TRON
Custody model non-custodial
Customer type Developers
Fund custody Self-custody (funds in your control)
KYC No KYC
Supported countries US, EEA, APAC
Segment B2B
MiCA / License status Not disclosed

Strengths

  • Non-custodial by design: keys stay local and the API never exposes private keys
  • Open, multi-chain standard (BTC, ETH, SOL, ATOM, TON, TRON from a single seed)
  • Policy-gated signing built for AI-agent control
  • Reduces key exposure vs browser extensions or scattered configs
  • Self-custody: funds stay in your wallet — the platform cannot touch them.
  • No KYC: usable without identity verification.

Weaknesses

  • It is a standard/OSS, not a managed product or service with support
  • Adoption still early, ecosystem forming
  • Requires technical skills: aimed at developers, not end users
  • No accountable entity if something goes wrong (community project)
  • No notable sovereignty drawback documented.

Verdict

C S ★ 3.0/5 ★ 4.9/5

Score 3.0/5, average profile. In its favour: non-custodial by design: keys stay local and the API never exposes private keys. The trade-off to weigh: it is a standard/OSS, not a managed product or service with support.

On the Sovereignty lens the score is 4.9/5 (outstanding): the strength is privacy & anonymity (5.0/5), while censorship resistance (4.5/5) is the weak link.

Privacy & anonymity 30% 5.0
Fund control 20% 5.0
Censorship resistance 20% 4.5

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Does Open Wallet Standard hold my keys?

No: it is non-custodial by design. Keys live locally (~/.ows/) and the API never returns raw private keys.

Is it a company?

No: it is an open source standard for local wallet storage and agent access, not a commercial provider.

Sources

Update history

✓ Terms unchanged since Jul 17, 2026

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