Biconomy Pumps after Smart Accounts Innovation
Biconomy has seen a surge in its price over the last 24 hours. A Binance futures listing was the biggest driver of this pump but this may have also been triggered by the Smart Accounts innovation launched recently.
Smart Accounts are a new type of blockchain account that offers a number of advantages over traditional Externally Owned Accounts (EOAs). They are more flexible, customizable, and secure, and they enable a wider range of use cases. This means that Smart Accounts can be programmed to do new and innovative things, such as providing biometric login, reducing annoying pop-ups, and improving cross-chain UX.
The platform makes it easy for developers to build and deploy Smart Accounts for their users. The platform provides a variety of pre-built modules that can be plugged into Smart Accounts to add new functionality. This makes it easy for developers to create Smart Accounts that are tailored to the specific needs of their users. Biconomy’s Smart Accounts Platform allows developers to add or remove modules at will, giving them complete control over the functionality of their accounts. This modularity makes Smart Accounts ideal for a wide range of applications, from simple wallets to complex DApps.
Another key feature of Smart Accounts is their security. Smart Accounts use a number of advanced security features, such as multi-signature authentication and fraud detection, to protect users from theft and other attacks.
Smart Accounts: Major Benefits
- It saves time and effort by providing pre-built modules that can be plugged into Smart Accounts to add new functionality.
- It makes it easy to create Smart Accounts that are tailored to the specific needs of users.
- It provides a framework for builders to create new modules, which means that the platform is constantly evolving.