The U.S. crypto exchange coinbase says the new wallet-as-a-service could help companies “to help bring the next hundred million customers into Web3 through a seamless wallet-onboarding experience.” liqquidity reports
The service could be used by gaming apps where tokens or NFTs are part of the game, or by companies that might want to incorporate a wallet into an app and make that “almost invisible to the end user,” Patrick McGregor, Coinbase’s head of product for Web3 developer platforms, said in an interview.
“We view this as being the central enabling technology and revenue source for our developer strategy,” McGregor said. Fees will be charged on a per-wallet basis, he said. Traditional crypto wallets are “difficult for users to access” because of their “complex mnemonic seeds” and “counterintuitive” user interfaces, Coinbase said. “In a world where wallets are simple, companies can finally build Web3 experiences accessible to everyone regardless of technical knowledge.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase announces Wallet-as-a-Service product to simplify web3 onboardingCoinbase has announced Wallet-as-a-Service (WaaS), making it easier for companies to build web3 experiences for users.
Read more »
Odd Lots: Coinbase CEO Brian Armstrong on the Two Big Challenges Facing Crypto on Apple PodcastsThe crypto industry is facing increased regulatory scrutiny. How are firms navigating these changing rules? The best thing for the industry, according to Coinbase CEO Brian Armstrong, would be “a new rulebook.” Hear the full conversation on Odd Lots:
Read more »
Unstoppable Domains promotes Sandy Carter to chief operating officerWeb3 unicorn Unstoppable Domains promotes Sandy Carter and Lisa DeLuca into leadership positions.
Read more »
Women’s History Month: Closing the Gender Gap Through Web3 Education | Binance BlogAt Binance, we believe that education can help bridge the gender gap. In anticipation of International Women's Day, our philanthropic arm BinanceBCF is donating $100,000 to BuildTogether and support Web3 education for women in Georgia.
Read more »
How to Become a Blockchain Developer: How These 10 Pros Did It | HackerNoonI asked 10 Web3 Blockchain Developers how they started in Web3, their core skills, the challenges they face and how they can help newbies navigate this path. - cc: elasticpath webdevelopment web3
Read more »
Coinbase CEO hints its new layer-2 network could include AML measuresCoinbase's new layer-2 network, Base, could launch with anti-money laundering and KYC measures for users, chief executive Brian Armstrong hinted in a recent interview.
Read more »