Amidst Bull Market Surge, New Platform for Blockchain Development 'Cobo Portal' Launches

2024-07-03 20:38:00+00:00 - Scroll down for original article

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Loading... Loading... Cobo Portal is designed to streamline blockchain development and digital asset management, addressing the growing demand for scalable and secure solutions. Determined to redefine the digital asset management landscape, Cobo has launched Cobo Portal, an innovative all-in-one platform designed to revolutionize blockchain development and asset management. As the digital finance sector experiences unprecedented growth, this comes at a pivotal moment, offering businesses and developers a tool to navigate and thrive in the evolving blockchain ecosystem. Riding The Wave Of Market Momentum The arrival of Cobo Portal comes at a crucial time following the approval of Spot Bitcoin and Ethereum exchange-traded funds (ETFs), which have brought newfound legitimacy to digital assets. This development has injected significant liquidity into the market, signaling an extended bull run and increasing institutional interest in blockchain technology. Cobo is looking to meet this demand, offering a scalable and secure platform that supports the next billion users. Beyond the realm of traditional finance, there's a surge in companies and developers building real-world applications on blockchain infrastructure. Payment gateways that enable digital asset acceptance are just one example. "We are incredibly bullish on the market’s prospects. With institutionalization materializing, crypto finance is maturing into a stable ecosystem from 2024 onwards, serving real-world needs," said Discus Fish, Co-Founder and CEO of Cobo. "Like the tech industry’s shift towards cloud service, we see a similar trajectory in crypto as solution providers are building unified platforms to tackle tech silos that hinder development. With a deep understanding of the industry's pain points, Cobo Portal is our answer to the complexities of securely managing digital assets and accelerated blockchain development, offering digital asset businesses a seamless and bank-grade solution for building innovative applications with ease." Offering A Unified And Secure Solution Cobo Portal is a comprehensive platform that simplifies blockchain development and digital asset management. It integrates four distinct wallet technologies—Custodial Wallets, Multi-Party Computation (MPC) Wallets, Smart Contract Wallets, and Exchange Wallets—into a single interface. This consolidation allows developers to build applications using multiple wallets, enhancing operational efficiency and flexibility. The platform is designed with robust security features and an intuitive user interface. Cobo’s seven-year track record of zero incidents underscores its reputation as a trusted entity in the digital asset space. The platform also provides advanced risk management through comprehensive on/off-chain risk controls and customizable workflows, ensuring complete asset protection. Simplifying Blockchain Infrastructure For Businesses Cobo Portal offers extensive documentation and a dedicated crypto-native team for technical support. This ensures that even those with little to no blockchain experience can navigate and utilize the platform's features effectively. As the digital assets industry becomes more fluid and transcends borders, Cobo recognizes the importance of a globalized approach. The platform facilitates access to liquidity, marketing, and customer acquisition, particularly in the APAC region. "Our focus on developer-friendly tools, risk controls, and advanced security measures sets Cobo Portal apart," said Dr. Changhao Jiang, Co-Founder and CTO of Cobo. "Developed by crypto-native developers, for developers, we fully understand the core needs to successfully grow and scale crypto businesses. By offering custody and wallet infrastructure solutions in a single, unified platform, we ensure companies and developers have easy access to various functionalities and can streamline their operations with ease, even with little to no Web3 experience." Since 2017, Cobo has been instrumental in driving crypto adoption in Asia. The company has secured billions of USD in assets and facilitated hundreds of billions of transactions for various institutional clients across the APAC region. Today, Cobo continues to offer solutions that power projects like Merlin Chain and Babylon Chain. Image provided by Cobo. This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice. Benzinga does not make any recommendation to buy or sell any security or any representation about the financial condition of any company.