>Summary</h2>
<p>Smart contract wallets are wallets with unique abilities due to the power of smart contract functionality. They enable additional security and recovery features for users.</p>
<h2 id="unique-features">Unique features</h2>
<ul>
<li>Two factor authentication</li>
<li>Social recovery through family or friends</li>
<li>Rate-limited withdraws like an ATM</li>
<li>Personal whitelists and blacklists</li>
<li>Fraud alerts and emergency lockdown</li>
</ul>
<h2 id="mobile-smart-contract-wallets">Mobi