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Home»Crypto»Coinbase Alums Patchwork Take Next Step Toward No-Code Blockchain Development
Crypto

Coinbase Alums Patchwork Take Next Step Toward No-Code Blockchain Development

December 23, 2024No Comments2 Mins Read
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Patchwork, a startup founded by former Coinbase employees, is dedicated to simplifying blockchain and smart-contract development. They have recently launched the latest version of their low-to-no-code tools for building decentralized applications (dapps).

These tools are currently integrated with Coinbase’s Ethereum layer-2 network Base and are supported by Coinbase Ventures. The “Create-Patchwork” approach aims to make it easier to create blockchain applications and connect data to them.

As the demand for easily generated content grows, the world of blockchain and smart-contract design is moving towards no-code applications, offering a “text-to-app” experience.

Create-Patchwork is the first of many features that the team plans to introduce in early 2025, paving the way for creators to quickly generate contracts and applications using natural language inputs.

Co-founder Kevin Day described Patchwork as an Ethereum protocol that simplifies the process of building dynamic on-chain applications. It allows on-chain entities to own other on-chain items and enables users to attach programmable data to on-chain elements.

Examples of Patchwork’s user-friendly data modeling include linking on-chain ownership to valuable gaming assets, adding markers to indicate audited smart contracts, or assigning reputation scores to determine if something has a history of being hacked.

Prior to founding Patchwork, Day was involved in building Paradex, a decentralized exchange with a central limit order book that was later acquired by Coinbase. After working at Coinbase for four years, he and his team decided to re-enter the Web3 development space.

Alums Blockchain Coinbase development NoCode Patchwork Step
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