Coinbase Launches Apple-Like Crypto App Store – News Bitcoin News

The cryptocurrency exchange Coinbase has unveiled its plan to build the “crypto app store,” inspired by the way Apple Inc. built its app store. CEO Brian Armstrong said, “Apple hasn’t tried to create every app for the iPhone, it has empowered developers and given mobile users easy access to new innovative apps.”

  • In a blog post published Tuesday, Coinbase CEO Brian Armstrong described several opportunities in the crypto space that the Nasdaq-listed company is pursuing. One of them was to “build the crypto app store”.
  • The CEO stated, “Like the internet or the mobile app stores, we are seeing developers rushing into the room to use these new tools to create innovative use cases that we could not have imagined before,” he added:

Apple hasn’t tried to make every app for the iPhone, it has encouraged developers and given mobile users easy access to new innovative apps … We will work to make all of this easy for our users to access through Coinbase’s main product .

  • Armstrong emphasized, “We have to do the same [as Apple] in crypto. Dapps is now running billions of dollars in economic activity, and a new trend comes out every three months. “
  • He also announced:

Soon every app that is based on decentralized crypto rails will be accessible to users of the Coinbase app … In the future, you will have the option of storing your cryptos directly in the main Coinbase app itself.

What do you think of Coinbase launching an Apple-like app store? Let us know in the comment section below.

Tags in this story

Apple App Store, Apple Apps, Coinbase, Coinbase App Store, Coinbase Apps, Krypto App Store, dApps, decentralized apps, DeFi, Defi App Store, iPad, iPhone

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