Coinbase to Present Toshi

Company believes that it can be a starting point for decentralized Internet
16 August 2018   894

Coinbase announced the launch of Coinbase Wallet called Toshi, which the company's specialists have been working on for the past year and a half.

According to the company's representatives, Coinbase Wallet should be viewed not simply as a tool for accessing cryptocurrencies, but as a starting point for decentralized Internet.

We believe that the applications of the future will be built on a decentralized internet (the blockchain). Everyone will own a crypto wallet that allows them to access decentralized applications (dapps) and that wallet will be their gateway to the open financial system.
 

Coinbase

Tooshi development started back in April 2017 under the Ethereum messager Token name. Last months the product development was headed by Peter Kim, the founder of the startup Cipher Browser, which was acquired by Coinbase in April this year.

Toshi features:

  • ERC 20 tokens and Ethereum support
  • Airdrop and ICO tokens support
  • Purchasing and storing crypto collectibles
  • Exchange trade

Coinbase Wallet also allows users to send payments anywhere in the world, giving them access to leading decentralized exchanges and decentralized third-party applications.

Blockspring to be Acquired by Coinbase

Blockspring developers will now be part of Coinbase team
18 January 2019   176

Coinbase has acquired a developer of tools for collecting data from various APIs called Blockspring. The amount of the transaction was not disclosed.

Note that the incubator Y Combinator, the company Andreessen Horowitz and SV Angel became investors of Blockspring in 2015. At the same time, the startup highly praised CTO Coinbase Balaji Srinivasan.

Blockspring developers will be part of the Coinbase team and create unique tools for the company.