Coinbase CEO Brian Armstrong is currently leading a team that is planning on launching a new app store that will be focused around cryptos. The app store will cater to developers that are building blockchain-based applications, and will compete with the likes of Google Play and the App Store. The company is targeting to have the app store launch in Q1 2018, and will be the first app store to accept payments in XRP, ETH, and Litecoin. Armstrong has said that the app store will provide an opportunity for developers to “access a wider set of users, and to build their applications on a wider array of cryptocurrencies.”
Coinbase CEO Brian Armstrong revealed plans to launch a platform where mobile users can browse and download applications that will be paid for with cryptocurrency.
Coinbase CEO, Brian Armstrong announced on Monday that the exchange is in the process of creating a digital storefront. The announcement came as a surprise and caught the cryptocurrency community off-guard. Armstrong told the New York Times that the new app store will allow for it to more easily integrate and consolidate the different cryptocurrencies available on the exchange. The company is also looking to change its name from the Coinbase Exchange to simply Coinbase.. Read more about bitcoin price and let us know what you think.Summary of the situation
– Coinbase is planning to open an app store for cryptocurrencies.
– This store will allow external developers to host and develop their products.
The largest US cryptocurrency exchange, Coinbase, this week revealed its plans to launch a cryptocurrency app store that will offer products developed or created by third parties.
Brian Armstrong, CEO of the exchange, said the cryptocurrency company plans to launch a crypto-currency app store. The store will allow third party developers to host, develop and offer their products.
Coinbase wants to expand its services
In a recent announcement, Armstrong noted that the development of decentralized finance (DeFi), smart contracts, non-fuel tokens (NFTs), decentralized autonomous organizations (DAOs) and more has forced this crypto-currency exchange to expand its services. To give more people access to the decentralized market.
To help people access innovation, the exchange platform will launch an app store for cryptocurrencies. Apple has not tried or wanted to develop all applications for the iPhone. He decided to give developers the chance to access new and innovative applications, and to give mobile users an easy way to do so. Armstrong says they want to do the same with crypto-currencies.
The CEO of Coinbase believes the crypto economy is worth thousands of dollars. The exchange company is making access to these products easier with the launch of an application support store. A cryptocurrency exchange aims to improve certain aspects of your business.
Coinbase wants to make more assets available to its users
Brian Armstrong also said that the crypto-currency exchange offers more assets to its users. This cryptocurrency exchange is known for offering various digital currencies for sale, unlike its main competitor Binance. Armstrong wants Coinbase to speed up the review process and list as many cryptocurrencies as legally possible.
But Armstrong said he wants the company to become a global crypto-currency exchange. The majority of cryptocurrency trading is focused on the United States, the United Kingdom and the European Union. But this exchange wants to get away from these areas and gain access to other areas.
Armstrong says it is a global company with products in less than 100 countries. He added that the company should stop supplying products only for the US, EU and UK and supply products that work globally.
The popular crypto-currency exchange may be expanding its offerings, and it may reveal more information about its plans in the coming months. With this new project, the exchange company will extend its services to other countries around the world. Further, Brian Armstrong continues to confirm that by using this cryptocurrency app store, more people can be helped to gain better access to the decentralized economy.The CEO of Coinbase, a popular cryptocurrency exchange and wallet service, recently revealed plans to launch an app store for mobile apps that accept cryptocurrency. Brian Armstrong, CEO of the San Francisco-based company, said the new service would help users of Coinbase’s digital wallet.. Read more about open app store and let us know what you think.
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