Coinbase has recently unveiled plans to revolutionize the onboarding process for new users of on-chain applications through the development of a cutting-edge suite of wallet solutions. The aim is to simplify complexities such as transaction signing, gas fees, and seed phrases, offering a seamless experience to its customers.

The new wallet solutions comprise two distinct offerings tailored to diverse developer needs, providing flexibility and ease of use. The first solution, dubbed the Smart Wallet, boasts compatibility with multiple apps and enables instant wallet creation within decentralized applications (dApps) using a passkey. This eliminates the need for extensions, seed phrases, or additional app downloads, ensuring a hassle-free experience for users.

Integrated into the Coinbase Wallet SDK, the Smart Wallet offers a unified experience across various EVM-compatible apps, allowing users to manage their balances effortlessly. Currently available on the Base Sepolia testnet, developers can access this solution at no cost, providing them with a user-ready solution to enhance their applications.

On the other hand, the second solution, Embedded Wallets, operates on the innovative Wallet as a Service platform, empowering developers to create white-labeled embedded wallets seamlessly. These embedded wallets simplify cryptocurrency complexities and support social and email login flows, enabling developers to craft customized user experiences within specific applications. Interested developers can participate in an early access program to leverage these advanced features.

By prioritizing simplicity and security, Coinbase's new wallet solutions enable users to fund their wallets effortlessly using Coinbase account balances. Moreover, users gain the flexibility to manage their balances across different platforms, enhancing their interaction with various dApps while ensuring a seamless and secure experience.