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☎️ CONSUMER APPS KEY TO MASS ADOPTION

☎️ CONSUMER APPS KEY TO MASS ADOPTION

Day: 09 | Time: 19:33:17 According to Chintan Turakhia, Senior Director of Engineering at Coinbase, consumer apps could be another path towards mass adoption of cryptocurrencies. In order to reach one billion new users, it is necessary to simplify the registration process and address friction points such as the complexity of creating a wallet, transaction costs, and purchasing native blockchain tokens. To facilitate mass adoption, Coinbase has launched its smart wallet, which offers simpler access options and sponsored gas fees. Furthermore, Turakhia argues that consumer apps with daily use cases will be the key to mass adoption of cryptocurrencies.

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Source: Cointelegraph