Biconomy releases new SDK for better crypto and blockchain development » CryptoNinjas

by Arthur · November 15, 2022

Biconomy, a web3 development platform and toolkit that superpowers blockchain technology stacks, announced today that it has launched a software development kit (SDK) to transform the way developers build easy-to-use decentralized applications (dApps).

Since 2019, Biconomy has been engaged in the web3 infrastructure space by building easy-to-integrate plug-and-play APIs for developers to scale their projects. The Biconomy SDK introduces time-saving steps for developers such as reducing multi-step transactions to one-click interactions, easy-to-use smart contract wallets, and a convenient gas-free and chain-free experience for users.

Easier development

As institutional and retail adoption of cryptocurrencies and dApps grows, dApp developers can bring in more web2 users by hiding the nuts and bolts behind complex on-chain transactions. In this way, the majority of web2 users can easily onboard and interact with dApps – play games, buy and trade NFTs and other digital assets – without deep knowledge of blockchain technology. dApps can save users a ton of time and cost.

“There is no point building in web3 if no one can use your products. User adoption and retention are key to the growth of individual dApps and the crypto community as a whole. Biconomy was built with the next billion web3 users in mind, and we are meeting this goal by meeting developer and user needs. From gas-free to one-click transactions, we make engaging with web3 feel second nature and as easy as signing your name.”
– Ahmed Al-Balaghi, co-founder of Biconomy

The introduction of the Biconomy SDK opens up further possibilities. Developers can offer users practical UX benefits such as secure web2-like social logins and account recovery.

One-click interactions for multi-step transactions. Transaction batching removes the need for repeated authorization. Gasless and chainless experiences. Convenient fee payments in ERC20 tokens and fiat on-ramps and credit card purchases of crypto or NFTs.

Functions

The Biconomy SDK brings blockchain-agnostic, web2-like experiences to your dApp in a non-preservative way.

Here’s what’s possible with the SDK today:

Simple user introduction – Social login, account creation and recovery to seamlessly onboard web2 users.
Fiat on ramp – Allow end users to easily and reliably buy/sell crypto in a dApp.
Gas-free transactions – dApps can sponsor gas fees to make user interactions as easy as web2 transactions.
Pay gas fees in ERC20 tokens – Users can use any ERC20 asset in their wallet to pay gas fees.
Custom Transaction Group – Allow developers to build methods to perform transaction batching that enable users to perform multiple actions, even across multiple chains, in a single transaction (e.g. authorization and deposit can be done in one transaction without changing anything in the dApp smart contracts).
Cross-chain contract talks and asset transfer – Coming soon, the Biconomy SDK will provide in-dApp cross-chain asset bridging and contract calls to enable a chainless experience for end users.

With its current API suite, Biconomy enables more than 50,000 transactions daily, with users’ gas fees sponsored by dApps. It also allows users to pay fees in a token other than the blockchain.

This has already resulted in the adoption of more than 2.8 million web3 users, more than 25 million transactions across 8 EVM chains, and integration with 200+ dApps including dYdX, Perpetual Finance, Aavegotchi, Decentraland, Sandbox, Animoca Brands and Zedrun.

For more information about the Biconomy SDK, see the documentation page.