Question DeFi PSG - introduction to Biconomy for Arbitrum

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.

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/