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Cryptocurrency exchange Coinbase has introduced a new generation of Wallet-as-a-Service.
According to the platform's January 23 announcement, the integrated wallet service will be an enterprise-grade solution based on Coinbase's Wallet-as-a-Service technology, allowing developers to create non-custodial crypto wallets.
“Protected by the advanced MPC technology of the world's most reputable cryptocurrency name, Coinbase Embedded Wallet is the easiest, fastest and most secure way for brands and builders to bring the world on-chain.”
coinbase team
Currently, the program is available only to a few people; Users must fill out a form to request a wallet. If a user chooses to provide their personal information, Coinbase will use it to facilitate alpha testing and contact interested developers.
Last month, Coinbase launched a new wallet feature that makes transferring funds around the world more accessible. Users can now transfer money by sharing a link through various channels, including widely used messaging and social media apps. The update added support for various social networks and messaging apps, such as WhatsApp, Instagram, Tiktok, Facebook, Telegram and Snapchat, as well as email.
Additionally, Coinbase introduced the Instamint feature to its platform, a tool that allows users to create non-fungible tokens (NFTs) using ai. For a limited time, Coinbase is offering a free nft experience.
