{"id":86782,"date":"2023-11-08T18:05:33","date_gmt":"2023-11-08T16:05:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86782"},"modified":"2025-09-13T07:41:17","modified_gmt":"2025-09-13T04:41:17","slug":"trust-wallet-launches-wallet-as-a-service-naming-binance-as-its-first-client","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trust-wallet-launches-wallet-as-a-service-naming-binance-as-its-first-client\/","title":{"rendered":"Trust Wallet launches Wallet as a Service, naming Binance as its first client"},"content":{"rendered":"<p>\\n<\/p>\n<p>The non-custodial Trust Wallet <a href=\"https:\/\/trustwallet.com\/ru\/blog\/introducing-trust-wallet-WaaS-powering-decentralized-services-for-every-business\">introduced<\/a> Wallet as a Service <span data-descr=\"wallet as a service\" class=\"old_tooltip\">Wallet as a Service<\/span> (WaaS), which will allow corporate clients to launch decentralized applications on top of the company&#8217;s stack. <\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\\n<\/p>\n<p>\u201cWaaS is designed for a broad audience: from <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-users and centralized crypto exchanges to startups and traditional enterprises seeking to expand their offerings with blockchain solutions,\u201d the press release said.<\/p>\n<p>\\n<\/p><\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>An important advantage of the service is the speed of deployment, with development time reduced from several years to a couple of months.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to Trust Wallet&#8217;s statement, WaaS provides simplified Web3 technology deployment while also offering improved navigation and security.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>This gives companies the opportunity to grow their business by integrating services for managing digital assets, <a href=\"https:\/\/forklog.com\/en\/news\/what-are-cross-chain-bridges\">cross-chain<\/a> transfers and seamless connectivity with other ecosystems.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>As an example of WaaS implementation, project representatives cited <a href=\"https:\/\/forklog.com\/en\/news\/binance-launches-its-own-crypto-wallet\">the Binance wallet<\/a>. Notably, after the product&#8217;s launch on November 8, the TWT token belonging to the Trust Wallet exchange fell by 15%.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>At the time of writing the coin had slowed its decline and was trading around $1.46.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/Dgtbi1OOKdue0-QuMHiLAI7oggTy9Vuwj1ez-muTazsxkfg9CvThI8iE2lSNdIJ_-RMzgqkMxhvttvFmI3nl5r01fFFSqp3yBh_njWnTaznY2tSrlMDhREmYU5q_M30v1j31W2JafeQ2I5qAnf87p2w\" alt=\"15-minute TWT\/USDT chart on Binance\"\/><figcaption class=\"wp-element-caption\">15-minute chart of TWT\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/TWTUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>\\n\\n\\n\\n<\/p>\n<p>In October, Trust Wallet <a href=\"https:\/\/forklog.com\/en\/news\/trust-wallet-team-undertakes-major-rebranding\">conducted a rebranding<\/a>, changing its logo and app design intended to improve the experience of interacting with the Web3 space.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier ForkLog reported that the non-custodial wallet <a href=\"https:\/\/forklog.com\/en\/news\/trust-wallet-streamlines-crypto-to-fiat-withdrawals\">opened<\/a> the ability to convert digital assets into fiat currencies directly through the app interface.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The non-custodial Trust Wallet introduced Wallet as a Service (WaaS), which will allow corporate clients to launch decentralized applications on top of the company&#8217;s stack.<\/p>\n","protected":false},"author":1,"featured_media":86783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[776,57],"class_list":["post-86782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-trust-wallet","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"49","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=86782"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86782\/revisions"}],"predecessor-version":[{"id":86784,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/86782\/revisions\/86784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/86783"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=86782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=86782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=86782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}