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.

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.

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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Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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