Coinbase Introduces New Generation of Wallet-as-a-Service
Cryptocurrency exchange Coinbase has launched a new generation of Wallet-as-a-Service. The embedded wallet service is an enterprise-grade solution based on Coinbase’s technology, enabling developers to create non-custodial crypto wallets.
Application Process for Coinbase Embedded Wallet
The program is currently only available to a select few, and interested users must apply for a wallet by filling out a form. If personal information is provided, Coinbase will use it for alpha testing and to contact interested developers.
New Wallet Feature for Easy Fund Transfers
Last month, Coinbase introduced a new wallet feature that simplifies fund transfers worldwide. Users can now share a transfer link through popular messaging apps and social networks like WhatsApp, Instagram, TikTok, Facebook, Telegram, Snapchat, and email.
Instamint Function for NFT Creation
Coinbase also added an Instamint function to its platform, allowing users to create non-fungible tokens (NFTs) using AI. For a limited time, Coinbase offers a free NFT experience.
Hot Take: Coinbase Revolutionizes Wallet-as-a-Service
Coinbase’s introduction of the new generation of Wallet-as-a-Service marks a significant step forward in providing developers with the tools they need to create non-custodial crypto wallets. With advanced MPC technology and a focus on security, Coinbase Embedded Wallet offers a seamless and secure solution for brands and builders to enter the world of blockchain. Additionally, Coinbase’s recent updates, including easy fund transfers and NFT creation through AI, demonstrate the platform’s commitment to innovation and accessibility in the crypto space.
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