Ease of Onboarding Process: A Gateway to Wider Blockchain Adoption

IconCryptoNewsTerminal Staff09 Jul, 2024

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Ease of Onboarding Process: A Gateway to Wider Blockchain Adoption

Coinbase, a prominent cryptocurrency exchange, emphasizes the significance of a user-friendly onboarding process in propelling the blockchain industry towards its goal of onboarding 1 billion users. Chintan Turakhia, Coinbase's senior director of engineering, highlighted the current process as a potential deterrent for beginners due to its complexity and multiple steps. He stated, "If we don't eliminate these obstacles, reaching a billion people will be challenging." Turakhia believes that once the onboarding process is simplified, "we can develop captivating and user-friendly mainstream apps that don't feel like crypto." By addressing onboarding challenges, the blockchain industry can open doors to broader adoption and unlock the full potential of this transformative technology.

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