Coinbase introduces two innovative wallets to tackle user onboarding challenges for developers.
These Coinbase wallets ill reduce friction and speed up user-friendly on-chain onboarding.
Streamlining Blockchain Access with New Coinbase Wallets
The first of these solutions is the smart wallet, an enhancement to the Coinbase Wallet SDK. This smart wallet feature allows for instantaneous wallet creation within a dapp using just a passkey. It eliminates the need for app downloads, browser extensions, or memorizing seed phrases, streamlining the user experience significantly.
The biggest barrier to growing onchain adoption is the complexity of onboarding.
We’re excited to introduce our smart wallet solution to help make onchain onboarding faster, easier, and safer. Available on testnet for developers now.
Learn more: https://t.co/86ANCip7UO pic.twitter.com/jV1Of4U6nW
— Coinbase Wallet 🛡️ (@CoinbaseWallet) February 29, 2024
This global wallet lets users effortlessly transfer balances across EVM-compatible apps using Coinbase’s SDK. This marks a major advancement in making blockchain more accessible and convenient.
On the other hand, Coinbase’s second solution is the introduction of embedded wallets, powered by Wallet as a Service. This innovative service enables developers to create white-labeled, embedded wallets that simplify the crypto experience. Embedded wallets simplify entry for new users by using familiar email and social logins instead of complex crypto steps. This simplification allows users to use blockchain without mastering its complexities.
More About Coinbase’s Wallets
Coinbase’s smart and embedded wallet solutions make blockchain accessible to all by ensuring easy integration and a familiar experience.
This global unified wallet will allow users to take their balances with them for use in the thousands of dapps already integrated with the Coinbase Wallet SDK.
— Coinbase Wallet 🛡️ (@CoinbaseWallet) February 29, 2024
These developments are a testament to Coinbase’s commitment to fostering innovation in the cryptocurrency space. Coinbase’s tools for easy onboarding aim to introduce billions to the on-chain world. With wider adoption of these wallets, blockchain use will become easier and faster for users.
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