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CRYPTOCURRENCY
cryptocurrency
Coinbase Launches WaaS to Simplify Adoption of Web3 Wallets
Coinbase has introduced Wallet-as-a-Service (WaaS) to provide enterprises with a customizable on-chain wallet API for easier customer onboarding, loyalty programs, and in-game purchases. The WaaS infrastructure features multi-party computation (MPC) cryptography to improve private key security, user-friendly backup functionality, and control over product experiences while reducing implementation cost and complexity. The solution is being used by companies like Floor, Moonray, thirdweb, and tokenproof.