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Presentation: Coinbase Commerce: A User-Controlled Payment Processor

Track: Blockchain Enabled

Location: Broadway Ballroom South, 6th fl.

Duration: 10:35am - 11:25am

Day of week: Thursday

Slides: Download Slides

Level: Intermediate

Persona: Architect

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What You’ll Learn

  • Learn how aspects of blockchain (including elliptic curve cryptography) allow companies like Coinbase to build user-controlled products.
  • Hear about the trade-offs a merchant faces when accepting crypto as payments between usability, control, and privacy.
  • Learn how payments in the blockchain world differ and are similar to credit cards, ACH, SEPA, checks and debit cards.

Abstract

Coinbase Commerce is a user-controlled payment processor. Since launching in February 2018, we have processed millions of dollars worth of transactions totally free. We never hold the merchants funds, which means the merchant is always the sole custodian and guardian of their funds via a private key. Come learn how we use hierarchical deterministic wallets to separate the ability to spend funds and the ability to receive funds so that the merchant can always be in control of their financial destiny! 

Question: 

QCon: Do I need to know anything about crypto or blockchain to attend this talk?

Answer: 

Amy: Absolutely not! Amy will explain private and public keys as well as blockchain addresses, which is all that is needed to understand the talk.

Question: 

QCon: What will I learn from the talk?

Answer: 

Amy: You'll learn how elliptic curve cryptography gives you control of your financial destiny and how aspects of blockchain allow companies like Coinbase to build user-controlled products. You'll also hear about the trade-offs a merchant faces when accepting crypto as payments between usability, control and privacy. Lastly, you'll also learn about how payments in the blockchain world differ and are similar to credit cards, ACH, SEPA, checks and debit cards.

Speaker: Amy Yin

Software Engineer @Coinbase

Amy is a software engineer at Coinbase and was the first engineer hired for Coinbase Commerce, a non-custodial payment processor that allows merchants to accept cryptocurrencies. Coinbase Commerce has launched and has processed millions of dollars, free, of crypto payments for merchants across the world. She is now building out a new team within the Coinbase consumer flagship product, Coinbase.com, to help investors grow and diversify their portfolios. She is hiring aggressively for the NY and SF offices so please email amy.yin@coinbase.com to chat about opportunities to build Finance 2.0!

She is passionate about technology for the developing world and closing the gender gap. While studying Computer Science at Harvard, she founded the Harvard Women in Computer Science and received the Harvard College Women's Leadership Award for her contributions to the technical and entrepreneurial community of women at Harvard. Before Coinbase she was an engineer at Hired and Facebook's Internet.org and started Vapor Communications while in college with Harvard Professor David Edwards. In her free time she maintains a steady yoga and weight lifting practice, goes to music festivals with her friends, reads and travels.

Find Amy Yin at

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