Passkeys are built on the FIDO2 standard (CTAP2 + WebAuthn standards). They remove the shared secret, stop phishing at the source, and make credential-stuffing useless.
But adoption is still low, and interoperability between Apple, Google, and Microsoft isn’t seamless.
I broke down how passkeys work, their strengths, and what’s still missing



Thank you… and Yes you are right… There could be many reasons like greed or could be risk management if you think from both ends of spectrum. It’s sad actually they are developed on the same FIDO2 but insists on being seperate which is weird… Also they feel that regular user wouldn’t be able to set up FOSS passkey provider or may be they lose control over encryption if they share with third party.