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

Open Wallet Standard

Open Wallet Standard (progetto open source)

3.0/5 4.9/5
Service Stablecoin infrastructure

Data verified on unchanged since the sources

Worth it if you are a developer who wants to give an AI agent a non-custodial multi-chain wallet with local keys and policy-gated signing, from a single seed (BTC, ETH, SOL, ATOM, TON, TRON).

Avoid it if you want a ready-made product with support: it is an open source standard in early adoption, with no accountable entity if something breaks, and not for end users.

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.

13
Transparency: Very low
13/100 · see methodology
13
Data exposure: Minimal
13/100 · 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.

Reputation

What happened to people who used Open Wallet Standard, and what users say. External signals: they do not feed the promp.it rating.

Incidents & regulatory actions

No known incident

Search across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.

verified on

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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