At Coinbase, security is at the heart of everything we do. As the blockchain industry continues to evolve, so too do the challenges in securing decentralized systems. That’s why we’re proud to be a founding member of the Blockchain Security Standards Council (BSSC), an initiative aimed at creating the standards needed to safeguard the digital economy.
This week, we’re excited to announce the launch of BSSC’s security frameworks, which will set the foundation for how cryptographic keys, node operations, and blockchain tokens are managed securely across the ecosystem. These standards are essential for mitigating risks and building trust in decentralized networks, ensuring that blockchain remains a reliable and secure system for digital assets, applications, and transactions.
The BSSC standards—ranging from Key Management to Node Operator and General Security & Privacy—are designed to address the unique security needs of blockchain technology. These frameworks align with global standards like NIST and ISO, ensuring that industry players adhere to the highest security practices.
As a founding member of the BSSC, Coinbase has helped shape these standards to ensure they meet the evolving needs of the blockchain industry. These standards not only benefit Coinbase users but also enthusiasts wanting to run their own nodes, Web3 application developers, and investors—in essence, everyone involved in the blockchain ecosystem.
Furthermore, these standards provide a consistent foundation for standardized security within this space and a framework for future certification and auditing.This commitment ensures a robust, trustworthy, and open foundation for the securing future of blockchain technology.
At Coinbase, we believe in a future where decentralized technology empowers people. And a secure blockchain is essential to making that future a reality. We're committed to continuing to lead the charge in building safer and more reliable blockchain systems—because trust and security are the cornerstones of the crypto revolution.
Stay tuned for more updates as we continue to drive the future of secure blockchain technology.
TL;DR: Coinbase is partnering with Shopify to bring the future of commerce onchain. Beginning in June, consumers can pay with USDC on Base through Shopify Payments, bringing onchain payments to millions of storefronts.
