Coinbase Launches Wallet-as-a-Service APIs For Scalable And Secure Onchain Wallets
Coinbase, a leading cryptocurrency exchange, has recently announced its new Wallet-as-a-Service (WaaS) offering. This service allows any company to integrate a crypto wallet into its platform, providing users access to various digital assets. This new offering from Coinbase is aimed at businesses of all sizes, from startups to large enterprises.
According to Coinbase, WaaS eliminates the need for businesses to invest time and resources in developing their infrastructure for managing cryptocurrencies, which can be complex and time-consuming. The WaaS offering provides a simple and secure solution for businesses to offer their users crypto wallets and related services. Coinbase’s new WaaS offering is also designed to provide an additional layer of security for users’ crypto assets. The company utilizes its advanced security protocols to protect user funds from potential hacks or breaches.
Source
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