Coinbase Wallet Adds New Payment DApp, XNK Coins, Based on Ink Protocol

News
Wed, 08/22/2018 - 16:23
Yuri Molchan
Coinbase exchange has added a new dApp to its wallet. Using the new Ink Protocol decentralized app you can always check the seller’s reputation and even share feedback
Cover image via U.Today

Coinbase exchange has added a new dApp to its wallet. Using the new Ink Protocol decentralized app you can always check the seller’s reputation and even share your feedback on cooperating with them. Besides, you may perform financial operations by using third-party companies through Ink-based XNK tokens or ETH. In the long term, Ink intends to set up an escrow wallet too.

Presently, however, Coinbase does not offer this dApp in all countries where its Wallet app works.

The Ink Protocol’s CEO claims that the marketplaces are already offering over three mln goods for sale with the help of XNK coins.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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