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Question DeFi PSG - introduction to Biconomy for Arbitrum

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4 months 2 weeks ago #8 by damko
damko  said Jun 25, 2023 Edited
Quick recap of what I've learned on  Biconomy , a "protocol" for the  Arbitrum  Ethereum bridging chain.This is for dApps developers only. Biconomy helps them to provide a chain agnostic dApp that allows them to offer a chainless experience to their users. Basically to obtain a "web3 for dummies" application.It's a software solution for anyone needing custom transactions that can leverage on the benefits of smart contracts.They deploy a technological stack in the form of SDK that can be integrated in a dApp to speed up the acquisition and login process of dApp users and then be used to perform smart-contract based transactions, accordingly to the dApp needs.In  this page  they seem to show that a user can be acquired in a web2 way, i.e. via a Google sign-in/log-in. Once the new user is generated, a ERC-4337 compatible smart contract wallet is deployed, attached to the user's account hence the user can start exchanging fiat for crypto.

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4 months 2 weeks ago - 4 months 2 weeks ago #9 by CryptoPirate
cryptopirate said Jun 30, 2023

Nice take on Biconomy (whose token has tanked -99% since ATHM) and there are many more interesting on Arbitrum:  portal.arbitrum.io/
Last edit: 4 months 2 weeks ago by consulter.

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