Cryptocurrency exchange Coinbase recently unveiled its latest innovation in the form of a new generation of Wallet-as-a-Service. This cutting-edge embedded wallet service is designed to provide an enterprise-grade solution based on Coinbase’s advanced Wallet-as-a-Service technology, enabling developers to create non-custodial crypto wallets with ease.
The announcement, made on January 23, highlighted the key features of the embedded wallet service, emphasizing its security and efficiency. Powered by advanced MPC technology from a trusted name in the crypto industry, Coinbase Embedded Wallet promises to be the easiest, fastest, and most secure way for brands and developers to bring the world of blockchain technology to their users.
Currently, the program is in its early stages and is available to a select group of users. Interested individuals can apply for a wallet by filling out a form and providing their personal information. This data will be used by Coinbase to facilitate alpha testing and to reach out to developers who are keen on exploring the potential of non-custodial crypto wallets.
In a recent update, Coinbase introduced a new wallet feature that simplifies the process of transferring funds globally. Users can now share a link to transfer money through popular messaging apps and social networks, expanding the reach and accessibility of cryptocurrency transactions. The platform now supports integration with various social media platforms and messaging applications, including WhatsApp, Instagram, Tiktok, Facebook, Telegram, Snapchat, and email.
Furthermore, Coinbase has rolled out the Instamint feature on its platform, allowing users to create non-fungible tokens (NFTs) using artificial intelligence. As a special promotion, Coinbase is currently offering a complimentary NFT experience, giving users the opportunity to explore the world of digital art and collectibles.
With these latest developments, Coinbase continues to lead the way in driving innovation and accessibility in the world of cryptocurrency. The introduction of the new Wallet-as-a-Service technology and the enhanced wallet features demonstrate Coinbase’s commitment to empowering users and developers to leverage the power of blockchain technology securely and efficiently.