Coinbase, the leading cryptocurrency exchange, has announced the launch of its new service, “Wallet as a Service”, which aims to provide companies globally with a seamless onboarding experience for the next hundred million consumers into Web3.
The new offering will enable companies to leverage Coinbase’s security, ease of use, and scalability to reach billions of potential users. With prominent industry players in retail, commerce, entertainment, and Web3 already choosing Coinbase as their preferred provider, the company is well-positioned to drive the growth of Web3 adoption worldwide.
Through “Wallet as a Service”, Coinbase seeks to address one of the biggest hurdles to the widespread adoption of cryptocurrencies: the difficulty of accessing and using digital wallets. By providing a streamlined onboarding experience, Coinbase hopes to make it easier for users to start using Web3 applications and to increase overall adoption of cryptocurrencies.
As more and more businesses seek to leverage the benefits of blockchain technology, Coinbase’s “Wallet as a Service” is expected to become an increasingly popular choice. With its proven track record of security, user-friendliness, and scalability, Coinbase is well-positioned to play a leading role in driving the growth of Web3 adoption worldwide.