Unlocking the Potential of Smart Contract Wallets with Obvious
TL;DR
- Obvious recently integrated the Biconomy SDK as the foundational layer of their smart wallet release
- The smart wallet supports ERC-20 gas payments (pay any) and batched transactions (1-click transactions)
- Since going live in May, new users have created over 20,000 smart wallets in the Obvious app with Biconomy
- Learn more about Obvious
- Get started with Account Abstraction
Smart contract wallets have emerged as a revolutionary tool within the Web3 ecosystem, enabling everyday users to easily manage and interact with their digital assets as easily as Web2 apps. Unlike traditional EOAs, these wallets leverage programmable contracts to provide users with enhanced control, flexibility, and security creating a streamlined user experience.
In this article, we will explore how Obvious utilized the Biconomy SDK to create a DeFi user-experience unlike any other.
Why Smart Contract Wallets?
Smart contract wallets are digital wallets that leverage the capabilities of smart contracts on the Ethereum blockchain.
Traditional wallets typically store private keys, allowing users to access and manage their funds. In contrast, smart contract wallets add an additional layer of functionality by integrating programmable logic. This logic allows for the automation of transactions, the implementation of customized rules, and the facilitation of complex financial interactions.
Say gm to the Obvious Smart Wallet
Obvious recently released their bespoke Smart Wallet which utilizes the Biconomy SDK, which is powered by our own Smart Contract Wallet SDK.
Obvious prioritized security in addition to its innovative UX features. The app uses biometrics for authentication and transactions and offers seedless recovery for managing seed phrases and enhancing security.
Gas abstraction with pay-any transactions
The Obvious smart wallet boasts of several features that make it an attractive and intuitive app for users. One of its core features is the ability for users to pay for gas using any ERC-20 token, making transactions seamless and convenient!
Another key feature of the Obvious wallet is its user-friendly interface, which makes it incredibly easy for both novice and experienced users to navigate and complete transactions. Plus, it looks great!
The wallet also supports multiple cryptocurrencies, giving users the flexibility to manage all their digital assets in one place. With the Obvious smart wallet, users can enjoy a seamless and secure experience when managing their digital assets.
One-click transactions
The Obvious Smart Wallet has been designed to cater to the needs of everyday users who require an intuitive and seamless experience.
One of the most impactful features of the app is the ability to perform one-click transactions. This feature, also known as transaction batching, has revolutionized the way users interact with wallets.
Transaction batching refers to the process of allowing multiple transactions to be executed in a single transaction click, which drastically improves efficiency and ease of use. This feature has been built into the Obvious app, allowing users to perform multiple actions across multiple chains without having to go through the hassle of executing each transaction individually.
Another benefit of transaction batching is the success rate, which is nearly 100%, meaning transactions rarely fail or get stuck thus creating a poor user experience.
For instance, imagine that you want to perform multiple transactions across different chains. With the Obvious Smart Wallet, you can execute all these transactions in a single click, saving you time and effort.
The one-click transaction feature has been widely praised by users and developers alike for its ease of use and seamless integration. With the Obvious Smart Wallet, you can enjoy a hassle-free experience that allows you to perform multiple transactions with just one click.
Smart Wallet is the Obvious Choice
The Obvious Smart Wallet, powered by the Biconomy SDK, is a revolutionary mobile app with several benefits that enhance the user experience and simplify the management of digital assets within the Web3 ecosystem.
From pay-any and one-click transactions to top security features, including biometrics and secure key management, the user-friendly app interface makes transacting on chain easier than ever.
Looking ahead, Obvious plans to add transaction limits and more flexibility for gas fee payments in the future. Overall, Obvious offers an extremely user-friendly app, complete with gas abstraction, strong security, multiple cryptocurrencies, and one-click transactions.