HomeEtherumCoinbase implements Ethereum Attestation Service for on-chain credential verification

Coinbase implements Ethereum Attestation Service for on-chain credential verification

Published on

On Nov. 9, Coinbase announced a new feature that enables users to verify their account and country credentials on-chain and unlock additional benefits. The verification serves as a “trusted badge” that grants access to on-chain apps and benefits, including membership in Base’s Guild and access to a private Discord channel. In the future, verified users will also have access to gasless transactions and other participating apps on the Base network, such as Index Coop, Perennial, and Volmex.

Since late October, Coinbase has issued over 9,700 attestations to more than 6,200 unique recipients. The help page explains the participation requirements for the verification process, emphasizing that the verification can be tied to any self-custodial Ethereum wallet address and associated with up to three addresses, including MetaMask and Coinbase Wallet addresses.

Verifying the country of residence is optional, but may be necessary to access certain apps. Users’ information will not be published on-chain without their consent. To verify an account on-chain, users must have an unrestricted Coinbase account. Coinbase also aims to allow third parties to issue verifications using the service and expand the ways in which users can be verified. Verifications are issued through the Ethereum Attestation Service (EAS), an Ethereum community project also used by other projects, including Optimism.

Latest articles

Analyst Suggests Ethereum Price Could Surge to $3,100 with Bullish Momentum

Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price increase over the past...

Cboe Digital Announces Plan to Introduce Margin Futures Trading for Bitcoin and Ethereum by 2024

On Nov. 13, Cboe Digital announced that it will soon launch trading and clearing...

Top Trader Predicts Significant Price Increases for Sushi and Apecoin – Check Out His Projections

A crypto strategist says more rallies are up ahead for prominent decentralized exchange (DEX)...

What is the difference between NVMe and M.2?

`` Over the last decade, solid-state drives (SSDs) have become the top choice for many...

More like this

Analyst Suggests Ethereum Price Could Surge to $3,100 with Bullish Momentum

Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price increase over the past...

Cboe Digital Announces Plan to Introduce Margin Futures Trading for Bitcoin and Ethereum by 2024

On Nov. 13, Cboe Digital announced that it will soon launch trading and clearing...

Top Trader Predicts Significant Price Increases for Sushi and Apecoin – Check Out His Projections

A crypto strategist says more rallies are up ahead for prominent decentralized exchange (DEX)...
bitcoin
Bitcoin (BTC) $ 61,651.52 0.80%
ethereum
Ethereum (ETH) $ 3,398.99 0.86%
tether
Tether (USDT) $ 1.00 0.18%
bnb
BNB (BNB) $ 408.19 0.44%
solana
Solana (SOL) $ 126.87 1.87%
xrp
XRP (XRP) $ 0.615099 2.43%
staked-ether
Lido Staked Ether (STETH) $ 3,391.90 0.93%
usd-coin
USDC (USDC) $ 1.00 0.12%
cardano
Cardano (ADA) $ 0.718125 4.04%
dogecoin
Dogecoin (DOGE) $ 0.132878 8.58%