For developers and fintech teams, integrating crypto rarely means a simple process. Each asset - from Bitcoin to USDT - operates on different blockchains, with its own APIs, fee models, and compliance logic. Supporting dozens of networks quickly turns into an infrastructure challenge rather than a feature update.
Building a wallet system in-house demands node maintenance, private key management, and continuous updates - all under strict AML/KYC requirements.
The result is months of development, rising costs, and regulatory complexity that often delay go-to-market timelines.
Wallet-as-a-Service (WaaS) changes that model. It abstracts the technical foundation of crypto wallets into a secure, scalable API layer. Key functions such as transaction validation, blockchain synchronization, address generation, and risk monitoring are managed by the provider.
For developers, this means:
• Standardized SDKs and APIs for fast deployment.
• Multi-chain architecture covering major networks.
• MPC-based key management and recovery options.
• Compliance modules aligned with international AML/KYC standards.
WaaS allows teams to focus on user experience, analytics, and product differentiation, rather than rebuilding blockchain infrastructure.
As competition among fintechs accelerates, speed and reliability become strategic priorities - and delegating infrastructure to specialized providers becomes a logical step.
A deeper look at this transformation is available in the full CoinMarketCap article.
Top comments (1)
Wallet-as-a-Service feels like the natural bridge between Web2 simplicity and Web3 infrastructure. The same abstraction mindset, simplifying the backend so developers can focus on innovation, is exactly what’s pushing blockchain and AI platforms forward today.