Coinbase's "Wallet-as-a-Service" business launched on the Ethereum mainnet

Coinbase Cloud announced that its wallet as a service (WaaS) is live on the Ethereum mainnet. Wallet as a Service (WaaS) provides a set of wallet infrastructure APIs that allow businesses to create and provide customers with native access to Web3 wallets within their applications. Through this service, users only need to use a username and password to create, access and restore wallets, and its WaaS uses multi-party computing (MPC) technology to help protect user assets, and also supports users to export their keys outside the platform at any time. Coinbase senior software engineer yuga.eth said that the service was only open to the test network before, and plans to support more networks in the future after the Ethereum mainnet is launched. Previously, Coinbase launched a "wallet-as-a-service" business in March this year.