- Binance-owned Trust Wallet has introduced Wallet as a Service (WaaS), a platform allowing businesses to offer various decentralized services to their users.
- Trust Wallet claimed that the Binance newly launched Web3 wallet is a product of its WaaS technology.
- Trust Wallet Token (TWT) experienced fluctuations due to these developments.
Trust Wallet, a decentralized wallet provider owned by Binance, has introduced Wallet as a Service (WaaS), a platform allowing businesses to offer various decentralized services to their users amidst Binance’s launch of its first self-custody wallet, the Web3 Wallet.
Trust Wallet’s WaaS enables a wide range of clients, from Web3 operators to startups and traditional businesses, to swiftly onboard users onto the decentralized web. WaaS drastically reduces development time, facilitating the quick launch of secure and user-friendly decentralized applications.
Furthermore, Trust Wallet also claimed that the Binance newly launched Web3 wallet unveiled during the company’s Blockchain Week in Istanbul is a product of its WaaS technology. A part of the announcement said:
Designed to simplify and secure the Web3 journey, the We…The post Trust Wallet Introduces WaaS Technology — Connected to Binance’s Web3 Wallet? appeared first on Coin Edition.