Funds are controlled and accessed through smart contract code. This means:
🏗 almost unlimited functionality — just code it!
🏗 greater control over assets
🏗 increased confidence in #DeFi
🏗 repetitive actions are automated by code
5/
But wait, there's more juice.
Smart Contract Wallets allow you to:
1) ✍🏼 assign trusted ‘guardians’ to approve certain actions
2) 📦 bundle transactions for speed and convenience
3)⛽️ let your users go gasless!
How cool is that?
6/
In a nutshell, Smart Contract Wallets are going to be a big deal in the near future.
They’ll help ladder up scaling efforts and simplify bundles of transactions all at once.
Stay tuned to see how we’ll build these into a frictionless Web3 future!
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As revealed in our roadmap, we are working on the Biconomy Relayer Network (BRN) - a decentralised multi-chain relayer network with $BICO at the heart of it!
By leveraging Account Abstraction, it enables devs to abstract all on-chain complexities! Go from a complex multi-step process into a simple one-click experience.👇