Why Coinbase's new smart wallet could be a watershed moment for crypto UX

Quick Take

  • Moonwell contributor Luke Youngblood discusses the benefits of smart wallets and the potential for widespread adoption.

Episode 40 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Moonwell Contributor Luke Youngblood.

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Luke Youngblood is a former Coinbase employee and one of the founding contributors to the onchain finance protocol Moonwell.

Recently, Moonwell became one of the first apps to integrate Coinbase's new smart wallet.

In this episode, Youngblood explains how smart wallets solve major crypto onboarding pain points — and could be the key to bringing over a billion people onchain.

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OUTLINE
00:59 Moonwell Overview
02:21 Youngblood's Background
04:56 DeFi Summer
07:42 Smart Wallets
09:54 Smart Wallet Security
13:58 Onchain Economy
17:12 Crypto App Developers
24:40 Moonwell's Mission
32:36 Closing Thoughts



This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network

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© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.

Editor

To contact the editor of this story:
Adam James at
[email protected]