"The Onchain Economy Fuelled by Layer 2 Solutions" - Powered by Coinbase
Coinbase provides insights into the role of Layer 2 solutions in driving the on-chain economy, specifically through the initiatives and vision of Coinbase.
Key highlights
Trust and Security:
- Discusses the importance of trust and security in crypto, highlighting Coinbase's pioneering efforts in digital asset insurance.
Asia's Role in Crypto:
- Highlights Asia's central role in crypto adoption, where it outpaces Europe and North America.
- Details Coinbase's initiatives in Asia, including establishing an engineering hub in Singapore.
Technological Evolution and Adoption:
- Compares the adoption of blockchain technology to historical tech adoption cycles, emphasising the early stages of digital assets.
On-Chain Technology:
- Explains the progression from Web1 to Web3, emphasising the need for easier, more democratised access to blockchain technology.
BASE and Developer Tools:
- Introduces BASE, Coinbase's solution to make blockchain interactions easier and more cost-effective.
- Discusses the importance of providing accessible tools for developers to build and monetise on the blockchain.
Conclusion
Coinbase explored how these Layer 2 solutions are paving the way for more efficient and scalable blockchain networks.
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Speaker:
- John O'Loghlen, Regional Managing Director APAC & Country Director Australia, Coinbase